Assignment of Contractual Position. CAIXABANK reserves the right to assign at any time, to any entity in its company group or of the company group to which it belongs (under the terms of article 42 of the Commercial Code) its contractual position in the rights and obligations pertaining to i t at any time under this Contract, with no need to obtain the CUSTOMER's consent, where the CUSTOMER hereby grants such irrevocable consent at this time. In any event, the CUSTOMER must be given notice of the assignment prior to its effective date. For the sake of clarification, the CUSTOMER may not assign its contractual posit ion in the rights and obligations under this Contract without the prior, express and written consent of CAIXABANK.
Assignment of Contractual Position. 48.1. The Contractor and the Participating Companies may not transfer or assign this Contract in whole or in part without the prior written consent of MEM. In all cases of transfer or assignment to third parties, including Affiliated companies or partners of the Contractor, all contractual guarantees will be maintained.
48.2. In all cases of transfer or assignment to third parties, the Contractor or the Participating Company should request authorization from MEM by sending a request letter as provided in Article 60. MEM will respond to the request within fifteen (15) Business Days, authorizing or rejecting the request and detailing their reasons for such decision.
48.3. In case the Parties do not reach an agreement regarding an assignment, the differences will be resolved according to the procedures established in Section X: Dispute Resolution Procedures of this Contract.
Assignment of Contractual Position. Without prejudice of the stipulations contained in clause ten, the Parties may assign their contractual position and/or their rights and/or obligations under this Agreement without the express consent of the other Party, when such third party is an Affiliate or a Subsidiary of any of the Parties, provided, however, that the assignee or Party undertaking said rights and/or obligations also acquires the interest of the corresponding Party in CHAMBARA. <PAGE> The assignment of the Party's contractual position and/or rights and obligations under this Agreement to third parties that are not Affiliates or Subsidiaries of any of the Parties, shall require the prior written consent of the other Party, the same that shall not be unreasonably withheld. Twenty nine: Additional documents and other provisions
Assignment of Contractual Position. The CONCESSIONAIRE may not transfer its right of Concession nor assign its contractual position without the authorization of the GRANTOR, prior opinion of the Supervisor. It may request such authorization, at least, after a period of five (05) years from the Date of commencement of operations. For authorization purposes, the CONCESSIONAIRE shall communicate its intention to transfer the Concession or assign its contractual position, accompanying the following: Preparatory contract or letter of intent to transfer or assignment, duly signed by the assignor and the transferee, in accordance with the procedure and with the corporate majorities required by the Corporate Bylaws. Documentation evidencing the necessary legal capacity of the transferee. Documentation evidencing the conformity of the assignees with respect to the assignment of the contractual position in the contracts that the assignors have entered into. Documentation evidencing that the assignee has the capital stock required in this Contract. Documentation evidencing that the assignee has a Strategic Partner, in accordance with the requirements of the Declaration of Interest and of this Contract. Documentation evidencing the financial and technical capacity of the assignee, taking into account the provisions of the Declaration of Interest and the Contract. Contract whereby the third party agrees to assume any damages and pay any other sum due and payable by the CONCESSIONAIRE. This same Contract shall state that the issuance of payment vouchers shall be the responsibility of the assignee in accordance with the provisions of the Contract. The CONCESSIONAIRE shall submit all the documentation indicated in this Clause to the GRANTOR. Within a term no longer than thirty (30) Days as from the Day after the submission made by the CONCESSIONAIRE, the GRANTOR shall issue a prior opinion. In turn, the GRANTOR shall issue an opinion on the operation within a maximum term of thirty (30) Days, counted from the day following the reception of the CONCESSIONAIRE'S request. The negative opinion of the GRANTOR or the absence of opinion implies the rejection of the application. The GRANTOR'S consent does not release the CONCESSIONAIRE from liability for the assignment of its contractual position for a maximum period of three (3) years as from the Day after the consent of the assignment is given. This implies that during this period the assignor shall be jointly and severally liable with the new CONCESSIONAIRE for ...
Assignment of Contractual Position. It is expressly established that THE PRODUCER and THE DEPOSITARY may not partially or totally assign their contractual position. TRAFIGURA reserves the right to assign its contractual position herein in favor of XXXXXXXX XXXXXX or any other of its Affiliates (as per the definition stated for Affiliate in the “Subscription, Option and Shareholders’ Agreement” referred to in item 1.2 of clause One) at any time during the validity hereof; for such effects, in this act, THE PRODUCER and THE DEPOSITARY grant express and irrevocable authorization. As such, the assignment of the contractual position shall be understood as executed with the simple notice that TRAFIGURA or the Affiliate beneficiary of the assignment shall send to THE PRODUCER and THE DEPOSITARY stating that such assignment has been already executed. As a consequence of the assignment of the contractual position, the Affiliate designated by TRAFIGURA shall assume the title of all the rights and duties arising hereof, including such collaterals associated thereto, without reserve or limitation whatsoever.
Assignment of Contractual Position. Each of Shinko Electric and Asyst Shinko shall not assign to any third person or otherwise dispose of all or any part of its rights and obligations or its contractual position hereunder without obtaining a prior written consent of the other party.
Assignment of Contractual Position. Neither Shinko nor Asyst Shinko shall transfer, assign or otherwise dispose of all or any part of their respective rights or obligations or contractual position hereunder to any third party without the prior written consent of the other party.
Assignment of Contractual Position.
14.1. The Company may not assign its contractual position herein to any third party, except with prior written consent from IDIBELL.
14.2. IDIBELL may, at any time, assign its contractual position herein and/or management of the rights to the Technology to an entity in its group. In this scenario, the assignee of IDIBELL’s contractual position and/or management of the rights to the Technology shall fully assume the rights and obligations incumbent on IDIBELL hereunder.
Assignment of Contractual Position. The Lender may assign, partially or totally its position under the terms of this contract. In order for such assignment to become effective, it shall only be necessary for the Borrower to be informed of such decision by means of a notarized letter.
Assignment of Contractual Position. THE ADVISOR could not transfer to any third party the total or partially all the rights and obligations assigned in this Agreement. The default of this obligation will originate the termination of this Agreement, unless there is a express written consent of THE CLIENT.
