Assignment by the Access Holder Sample Clauses

Assignment by the Access Holder. (a) The Access Holder may not Assign its rights or obligations under this Agreement other than in accordance with this clause 29.2.
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Assignment by the Access Holder. (a) Subject to the following provisions of this Clause 21.2, the Access Holder shall not Assign its rights or obligations, or any part thereof, under this Agreement without the prior written consent of QR, which consent may not be unreasonably withheld.
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Assignment by the Access Holder. The Access Holder may only Assign all or part of its rights and obligations under this agreement in accordance with this clause 22.2. The Access Holder may, provided it is not in material default in the performance or observance of any of its obligations under this agreement, Assign the whole of its rights and obligations under this agreement to: subject to clause 22.2(c), a Related Party who is capable of performing the obligations of the Access Holder under this agreement; or a person who is not a Related Party with the prior written consent of Queensland Rail provided that such consent will not be unreasonably withheld if Queensland Rail is satisfied (acting reasonably) that such person: if Queensland Rail is satisfied (acting reasonably) that such person: has the financial resources and capability to perform the Access Holder’s obligations under this agreement; and is otherwise capable of performing the Access Holder’s obligations under this agreement. Where clause 22.2(b)(i) applies: the Access Holder remains liable for the performance of the duties, responsibilities and obligations assumed by the Assignee (Assigned Obligations); and the Assignee’s performance of the Assigned Obligations will (to the extent of such performance) discharge the Access Holder’s liability for performance of those Assigned Obligations. Any Assignment by the Access Holder of its rights or obligations under this agreement is conditional on and does not take effect until: the Assignee covenants with Queensland Rail by deed, in such terms as Queensland Rail may reasonably require, to be bound by and to perform the obligations of the Access Holder under this agreement; and the Assignee provides to Queensland Rail any Security that is required to be provided and maintained by the Access Holder in accordance with clause 17.
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Related to Assignment by the Access Holder

  • 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.

  • Purchase by Assignee The Assignee reserves the right to bid for the property whether by itself or its agent or the Auctioneer (without payment of any deposit whatsoever). In the event the Assignee is declared the Purchaser, then the purchase price or so much as is applicable shall be set off against the indebtedness owing to the Assignee under the loan and security documentation on the date of sale, plus costs and expenses for the sale or incidental thereto.

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

  • 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.

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