Common use of Assignment Neither Clause in Contracts

Assignment Neither. the Owner nor the Contractor shall assign their interest in this Agreement without the written consent of the other except as to the assignment of proceeds. Owner can collaterally assign the Agreement to its lender without obtaining the prior written consent of Contractor.

Appears in 3 contracts

Samples: Design Build Agreement (Western Dubuque Biodiesel, LLC), Design Build Agreement (Western Dubuque Biodiesel, LLC), Design Build Agreement (Western Dubuque Biodiesel, LLC)

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Assignment Neither. the Owner nor the Contractor shall assign their interest in this Agreement without the written consent of the other except as to the assignment of proceeds. Owner can collaterally assign the Agreement to its lender without obtaining the prior written consent of Contractor.

Appears in 1 contract

Samples: Design Build Agreement (Neose Technologies Inc)

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