Common use of Assignment/Novation Clause in Contracts

Assignment/Novation. The Company may not assign rights under this Agreement or novate this Agreement without First Data’s written consent. First Data may assign, novate or transfer its rights or obligations under this Agreement to its affiliate, or another financial or other institution that is a member of the Networks. The Company agrees (1) to a novation by written notice to the Company where the new contract is on the same terms and conditions as the existing agreement, the new party assumes the rights and obligations of the outgoing party and the outgoing party is released from those rights and obligations, and (2) to enter into such documents as First Data may reasonably require in order to effect such assignment, novation or transfer. This Agreement will be enforceable against a party’s permitted successors or assigns.

Assignment/Novation. The Company may not assign rights under this Agreement or novate this Agreement without First DataFiserv’s written consent. First Data Fiserv may assign, novate or transfer its rights or obligations under this Agreement to its affiliate, or another financial or other institution that is a member of the Networks. The Company agrees (1) to a novation by written notice to the Company where the new contract is on the same terms and conditions as the existing agreement, the new party assumes the rights and obligations of the outgoing party and the outgoing party is released from those rights and obligations, and (2) to enter into such documents as First Data Fiserv may reasonably require in order to effect such assignment, novation or transfer. This Agreement will be enforceable against a party’s permitted successors or assigns.

Assignment/Novation. The Company may not assign rights under this Agreement or novate this Agreement without First Data’s written consent. First Data may assign, novate or transfer its rights or obligations under this Agreement to its affiliate, or another financial or other institution that is a member of the Networks. The Company agrees (1) to a novation by written notice to the Company where the new contract is on the same terms and conditions as the existing agreement, the new party assumes the rights and obligations of the outgoing party and the outgoing party is released from those rights and obligations, and (2) to enter into such documents as First Data may reasonably require in order to effect such assignment, novation or transfer. This Agreement will be enforceable against a party’s permitted successors or assigns.

Assignment/Novation. The Company may not assign rights under this Agreement or novate this Agreement without First DataXxxxxx’s written consent. First Data Fiserv may assign, novate or transfer its rights or obligations under this Agreement to its affiliate, or another financial or other institution that is a member of the Networks. The Company agrees (1) to a novation by written notice to the Company where the new contract is on the same terms and conditions as the existing agreement, the new party assumes the rights and obligations of the outgoing party and the outgoing party is released from those rights and obligations, obligations and (2) to enter into such documents as First Data Fiserv may reasonably require in order to effect such assignment, novation or transfer. This Agreement will be enforceable against a party’s permitted successors or assigns.

Assignment/Novation. The Company may not assign rights under this Agreement or novate this Agreement without First DataFiserv’s written consent. First Data Fiserv may assign, novate or transfer its rights or obligations under this Agreement to its affiliate, or another financial or other institution that is a member of the Networks. The Company agrees (1) to a novation by written notice to the Company where the new contract is on the same terms and conditions as the existing agreement, the new party assumes the rights and obligations of the outgoing party and the outgoing party is released from those rights and obligations, obligations and (2) to enter into such documents as First Data Fiserv may reasonably require in order to effect such assignment, novation or transfer. This Agreement will be enforceable against a party’s permitted successors or assigns.