Assignment of Contract. PURCHASER shall not assign, sell, or transfer rights, or delegate responsibilities under this contract, in whole or in part, without the prior consent of the STATE. STATE may consent only when assignment is consistent with STATE's fiduciary duties. No such written approval shall relieve PURCHASER of any obligations of this contract, and any transferee shall be considered the agent of the PURCHASER and bound to perform in accordance with the contract. PURCHASER shall remain liable as between the original parties to the contract as if no assignment had occurred. PURCHASER agrees to pay STATE a $250 administrative fee for processing each assignment.
Appears in 169 contracts
Samples: Timber Sale Contract, Timber Sale Contract, Timber Sale Contract
