Common use of Assignment by Aurizon Network Clause in Contracts

Assignment by Aurizon Network. ‌ (a) Aurizon Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Access Holder, provided that:‌ (i) the Assignee is Accredited; and (ii) Aurizon Network procures that the Assignee covenants with the Access Holder by deed to be bound by and to perform the obligations of Aurizon Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. (b) On the Assignee entering into the deed referred to in clause 33.1(a), Aurizon Network is released and discharged from further liability under this Agreement in respect of the obligations which the Assignee has undertaken under that deed to be bound by and to perform.

Appears in 4 contracts

Samples: Access Agreement, Standard Access Agreement, Access Agreement

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Assignment by Aurizon Network. (a) Aurizon Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Access Holder, provided that:‌that: (i) the Assignee is Accredited; and (ii) Aurizon Network procures that the Assignee covenants with the Access Holder by deed to be bound by and to perform the obligations of Aurizon Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. (b) On the Assignee entering into the deed referred to in clause 33.1(a29.1(a), Aurizon Network is released and discharged from further liability under this Agreement in respect of the obligations which the Assignee has undertaken under that deed to be bound by and to perform.

Appears in 2 contracts

Samples: Access Agreement, Access Agreement

Assignment by Aurizon Network. (a) Aurizon Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Access Holder, provided that:‌that: (i) the Assignee is Accredited; and (ii) Aurizon Network procures that the Assignee covenants with the Access Holder by deed to be bound by and to perform the obligations of Aurizon Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. (b) On the Assignee entering into the deed referred to in clause 33.1(a32.1(a), Aurizon Network is released and discharged from further liability under this Agreement in respect of the obligations which the Assignee has undertaken under that deed to be bound by and to perform.

Appears in 2 contracts

Samples: Access Agreement, Access Agreement

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Assignment by Aurizon Network. (a) Aurizon Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Access Holder, provided that:‌that: (i) the Assignee is Accredited; and (ii) Aurizon Network procures that the Assignee covenants with the Access Holder by deed to be bound by and to perform the obligations of Aurizon Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. (b) On the Assignee entering into the deed referred to in clause 33.1(a), Aurizon Network is released and discharged from further liability under this Agreement in respect of the obligations which the Assignee has undertaken under that deed to be bound by and to perform.

Appears in 2 contracts

Samples: Standard Access Agreement, Standard Access Agreement

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