Common use of Assignment by Vendor Clause in Contracts

Assignment by Vendor. The Vendor shall have the right to assign this Agreement, provided that any such assignee shall be bound by all of the covenants made by the Vendor herein, in which event the Vendor shall thereupon be released from all obligations hereunder.

Appears in 4 contracts

Sources: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale