Assignment by Ministry Sample Clauses

Assignment by Ministry. Ministry, acting on its own behalf and as agent, may at any time decide not to participate in the GTA Fare System and Ministry, acting on its own behalf and as agent, may with at least ninety (90) days prior written notice to Contractor, and, where required, the consent of Contractor, which shall be given or withheld by Contractor within the first forty-five (45) days of the ninety (90) day notice period and which, if withheld, shall be in writing with reasons, assign, in whole or in part, its rights and obligations under this Agreement to any Person(s) (“Assignee(s)”) with the financial and technical capability to take on its rights and obligations under this Agreement, in which case any reference to Ministry set out herein shall be deemed to include the Assignee(s). If no notification of consent (or non-consent) has been given by Contractor within the first forty-five (45) days of the ninety (90) day notice period, the consent shall be deemed to have been given. Ministry shall not require consent of Contractor to assign this Agreement in the following circumstances: (i) the assignment represents an internal restructuring of Ministry, (ii) the assignment is to be made to any Successors, or (iii) the assignment is to be made to a private sector entity which cannot reasonably be construed to be a competitor of Contractor or Subcontractor with respect to the type of deliverables or services to be provided hereunder. When the Assignee(s) accept(s) the assignment from Ministry, this Agreement, including those rights of further assignment, shall be assigned, in whole or in part, to the Assignee(s) who shall succeed to and become vested with any of the rights, powers, responsibilities, obligations and liabilities of Ministry, acting on its own behalf and as agent, that have been assigned to it, and Ministry, acting on its own behalf and as agent, shall be discharged from any such rights, powers, responsibilities, obligations and liabilities under this Agreement. After the appointment of any Assignee(s), this Agreement or, as set out in the assignment, any part of this Agreement, shall continue in effect for the benefit of the Assignee(s) and all Designated Persons in respect of any actions taken or omitted to be taken by Ministry, acting on its own behalf and as agent.
Sample 1
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Related to Assignment by Ministry

  • Assignment by Contractor With the prior written consent of DCYF’s Contract Administrator, which consent shall not be unreasonably withheld, the Contractor may assign this Contract including the proceeds hereof, provided that such assignment shall not operate to relieve the Contractor of any of its duties and obligations hereunder, nor shall such assignment affect any remedies available to DCYF that may arise from any breach of the sections of this Contract, or warranties made herein including but not limited to, rights of setoff.

  • Assignment by Lessor The terms and conditions of each Schedule have been fixed by Lessor in order to permit Lessor to sell and/or assign or transfer its interest or grant a security interest in each Schedule and/or the Equipment to a Secured Party or Assignee. In that event, the term Lessor will mean the Assignee and any Secured Party. However, any assignment, sale, or other transfer by Lessor will not relieve Lessor of its obligations to Lessee and will not materially change Lessee's duties or materially increase the burdens or risks imposed on Lessee. The Lessee consents to and will acknowledge such assignments in a written notice given to Lessee. Lessee also agrees that:

  • Assignment by the Authority Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's then outstanding obligations under this Agreement.

  • Permitted Assignment by Seller Seller may (i) assign this Agreement without consent of Buyer to an Affiliate of Seller or a purchaser of all or substantially all of the Seller’s assets used in connection with performing this Agreement, upon a showing of the proposed assignee’s technical and financial capability to fulfill the requirements of Seller under this Agreement, as determined by Buyer in its reasonable discretion, or (ii) transfer, pledge, encumber or assign the Facility, this Agreement or the accounts, revenues or proceeds under the Agreement as security for the project financing associated with the Facility.

  • Assignment to Owners Interconnection Customer may assign the Interconnection Service Agreement without the Interconnected Transmission Owner’s or Transmission Provider’s prior consent to any Affiliate or person that purchases or otherwise acquires, directly or indirectly, all or substantially all of the Customer Facility and the Customer Interconnection Facilities, provided that prior to the effective date of any such assignment, the assignee shall demonstrate that, as of the effective date of the assignment, the assignee has the technical and operational competence to comply with the requirements of this Interconnection Service Agreement and assumes in a writing provided to the Interconnected Transmission Owner and Transmission Provider all rights, duties, and obligations of Interconnection Customer arising under this Interconnection Service Agreement. However, any assignment described herein shall not relieve or discharge the Interconnection Customer from any of its obligations hereunder absent the written consent of the Transmission Provider, such consent not to be unreasonably withheld, conditioned or delayed.

  • Amendment by Mutual Consent 55.01 It is agreed by the parties to this Agreement that any provision in this Agreement, other than the duration of agreement, may be amended by mutual consent of the Employer and the Union.

  • Assignment of Agreement The following conditions must be satisfied in order to effectuate any assignment of this Agreement:

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  • Assignment and Enurement Neither this Agreement nor any right or obligation under this Agreement may be assigned by any Party without the prior consent of the other Parties. This Agreement enures to the benefit of and is binding upon the Parties and their respective successors and permitted assigns.

  • Assignment of the Agreement This Agreement and the rights hereunder may be assigned by FirstLink to any majority-owned subsidiary of FirstLink or to an affiliate or party acquiring all or substantially all of the assets of FirstLink upon prior written consent of Owner. Such consent shall not be unreasonably withheld. Alternatively, the Agreement may be assigned by FirstLink to any FirstLink subsidiary so long as FirstLink agrees in writing that it shall remain liable for all obligations arising under this Agreement. FirstLink may also assign this Agreement to any party providing financing to FirstLink; provided that such assignment shall not relieve FirstLink from its obligations hereunder. In connection with a sale or disposition of the Properties, Owner shall request FirstLink's written consent to assign this Agreement and shall require any subsequent owner of the Properties to assume this Agreement and the rights and obligations hereunder. Subject to the foregoing, this Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of the respective parties to this Agreement.

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