Common use of Assignment by the Authority Clause in Contracts

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.

Appears in 16 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Assignment by the Authority. 27.4.1 Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the Concessionaire, assign and/ or and/or transfer any of its rights and benefits and/or 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.

Appears in 8 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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 ’s then outstanding obligations under this Agreement.

Appears in 5 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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 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.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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

Appears in 3 contracts

Samples: City Bus Private Operation Contract, City Bus Private Operation Contract, City Bus Private Operation Contract

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the ConcessionaireImplementation Agency, assign and/ or 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, Authority capable of fulfilling all of the Authority's ’s then outstanding obligations under this Agreement.

Appears in 3 contracts

Samples: Development, Operation and Maintenance Agreement, Development, Operation and Maintenance Agreement, Development, Operation and Maintenance Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 30 (sixtythirty) days' notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement 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.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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

Appears in 2 contracts

Samples: Data Entry Services Provisioning Agreement, Service Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the ConcessionaireOperator, 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 ’s then outstanding obligations under this Agreement.

Appears in 2 contracts

Samples: Operation & Maintenance Agreement, Operation & Maintenance Agreement

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

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

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 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.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the ConcessionaireService Provider, 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 ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Service Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the ConcessionaireLessee, assign and/ or 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 ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Lease Agreement

Assignment by the Authority. 22.3.1. 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 Agreement; to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. 11.4.1 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 Agreement; to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. 22.3.1. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' days‟ notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement Agreement; to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's Authority‟s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixtySixty) days' notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement 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.

Appears in 1 contract

Samples: Concession Agreement

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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, Authority capable of fulfilling all of the Authority's ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. ‌ 28.4.1 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 ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 30 (sixtythirty) days' days‟ notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or Draft Concession Agreement obligations under this Agreement Agreement; to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's Authority‟s then outstanding obligations under this Agreement.. Draft Concession Agreement

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' 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 Authority‟s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained continued in this Agreement, the Authority may, after giving 60 (sixty) sixty days' notice to the Concessionaire, assign and/ or transfer any of its rights and benefits and/or 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 ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

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 ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Concession 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 Concession 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 Concession Agreement.

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 60 (sixty) days' notice to the ConcessionaireConcessionaire and based on mutual agreement of the Parties, 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 ’s then outstanding obligations under this Agreement.. ARTICLE32

Appears in 1 contract

Samples: Concession Agreement

Assignment by the Authority. 22.3.1. 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 Agreement; to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's ’s then outstanding obligations under this Agreement.. [Version Date : 21.11.2013] Page 122

Appears in 1 contract

Samples: Concession Agreement

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 Agreement; to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of the Authority's ’s then outstanding obligations under this Agreement.

Appears in 1 contract

Samples: Concession Agreement

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