Common use of Assignment by QR Network Clause in Contracts

Assignment by QR Network. QR Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Operator provided that QR Network procures the Assignee to covenant with the Operator by deed to be bound by and to perform the obligations of QR Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. Upon the Assignee entering into that deed QR Network will be 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 7 contracts

Samples: Train Operations Agreement, Train Operations Agreement, Access Agreement

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Assignment by QR Network. QR Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Operator Access Holder provided that QR Network procures the Assignee to covenant with the Operator Access Holder by deed to be bound by and to perform the obligations of QR Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. Upon the Assignee entering into that deed QR Network will be 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 3 contracts

Samples: Access Agreement, Access Agreement, Access Agreement

Assignment by QR Network. QR Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Operator End User provided that QR Network procures the Assignee to covenant with the Operator End User by deed to be bound by and to perform the obligations of QR Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. Upon the Assignee entering into that deed QR Network will be 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 3 contracts

Samples: www.qca.org.au, www.qca.org.au, www.qca.org.au

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Assignment by QR Network. QR Network may Assign the whole or any part of its rights or obligations under this Agreement without the prior consent of the Operator End User provided that QR Network procures the Assignee to covenant with the Operator End User by deed to be bound by and to perform the obligations of QR Network under this Agreement to the extent of the rights and obligations Assigned to the Assignee. Upon the Assignee entering into that deed QR Network will be released and discharged from further liability under this 48 Agreement in respect of the obligations which the Assignee has undertaken under that deed to be bound by and to perform.

Appears in 1 contract

Samples: www.qca.org.au

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