Common use of Assignment by District Clause in Contracts

Assignment by District. Except as otherwise provided in this Agreement, District may assign its rights under this Agreement only with the prior written consent of Provider, which consent may not be unreasonably withheld, conditioned, or delayed; provided that any such assignee (i) is of equal or greater creditworthiness than District; and (ii) assumes in writing the obligations of District under this Agreement. Notwithstanding the foregoing, District may assign its rights under this Agreement without Provider’s consent to any Person succeeding to all or substantially all of the assets of District of equal or greater creditworthiness than District, and provided, further, that any such transferee or assignee assumes in writing the obligations of District under this Agreement.

Assignment by District. Except as otherwise provided in this Agreement, District may assign its rights under this Agreement only with upon the prior written consent of Provider, which consent may not be unreasonably withheld, conditioned, conditioned or delayed; provided that any such assignee (i) is of equal or greater creditworthiness than District; District and (ii) assumes in writing the obligations of District under this Agreement. Notwithstanding the foregoing, District may assign its rights under this Agreement without Provider’s consent to any Person succeeding to all or substantially all of the assets of District of equal or greater creditworthiness than District, and provided, further, that any such transferee or assignee assumes in writing the obligations of District under this Agreement.