ASSIGNMENT OF PARTICIPATING INTEREST Sample Clauses

ASSIGNMENT OF PARTICIPATING INTEREST. 28.1 Subject to the terms of this Article and other terms of this Contract, any Party comprising the Contractor may assign, or transfer, a part or all of its Participating Interest, with the prior written consent of the Government, which consent shall not be unreasonably withheld, provided that the Government is satisfied that:
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ASSIGNMENT OF PARTICIPATING INTEREST. 23.1 A Party may assign its Participating interest or a part thereof. The assignment agreement shall contain provisions stipulating that the assignee shall be bound by this Agreement and the conditions of the Production License with subsequent amendments and supplements. Before the obligatory work commitment pursuant to the Production Licence has been carried out a Party cannot, without the consent of the management committee, assign its Participating interest or part thereof to others than an Affiliated company.
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ASSIGNMENT OF PARTICIPATING INTEREST. 43.1.1 Contractor shall not directly or indirectly sell, assign, transfer, convey or otherwise dispose of its rights or interests related to this Contract to third parties prior to the Effective Date.
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ASSIGNMENT OF PARTICIPATING INTEREST. 2.1 (a) Subject to the terms of this Agreement, GGR India hereby agrees to assign and transfer to RGM and RGM hereby agrees to accept, the Participating Interest.
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ASSIGNMENT OF PARTICIPATING INTEREST. 35.1. Subject to the terms of this Article and other terms of this Agreement, any Company(s) constituting the Contractor may assign, or transfer, a part or all of its Participating Interest, with the prior written consent of the PRDC provided that the PRDS is satisfied that:-
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ASSIGNMENT OF PARTICIPATING INTEREST. This Assignment of Participating Interest (“Assignment”), dated as of the day of , 2008, is from KENNECOTT EXPLORATIONS (AUSTRALIA) LTD., a Delaware corporation (“Assignor”), to BXXXXXX GOLD FINANCE, INC., a Delaware corporation whose address for purposes of this Assignment is (“Assignee”).
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ASSIGNMENT OF PARTICIPATING INTEREST. In case the default continues for a period of a hundred and eighty (180) days and the amounts set forth in Article 10.04 are not enough for the complying PARTIES to recover the sums owed plus interest, each one of the complying PARTIES shall have the option to demand that the PARTY in default immediately assign to them its whole PARTICIPATING INTEREST. Should said option be exercised by more than one complying PARTY, the PARTY in default shall immediately assign its PARTICIPATING INTEREST to each one of them in proportion to the PARTICIPATING INTERESTS they respectively have in the total amount of PARTICIPATING INTERESTS of all the complying PARTIES that have exercised the option. In any case, the value of the assignment shall be the amount of the debt being paid off thereby. The complying PARTY or PARTIES that decide to exercise the option before mentioned shall notify their decision to the PARTY in default and to all the other PARTIES expressly stating that their intention to have access to the PARTICIPATING INTEREST of the PARTY in default is exercised pursuant to the provisions of this Article 10.05. The assignment shall take place free from all charge, encumbrance and/or lien on the PARTICIPATING INTEREST and at the expense of the PARTY in default. The assignment shall have full legal effect when the complying PARTY notifies the PARTY in default that this option was exercised.
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Related to ASSIGNMENT OF PARTICIPATING INTEREST

  • Beneficial Ownership Certification The information included in the Beneficial Ownership Certification, if applicable, is true and correct in all respects.

  • No Transfer or Assignment of Servicing With respect to the responsibility of the Primary Servicer to service the Mortgage Loans hereunder, the Primary Servicer acknowledges that the Master Servicer has acted in reliance upon the Primary Servicer’s independent status, the adequacy of its servicing facilities, plant, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of Section 3.05 of this Agreement, the Primary Servicer shall not either assign or transfer this Agreement or the servicing hereunder nor delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Master Servicer, which consent will not be unreasonably withheld or delayed; provided, however, that the Primary Servicer may transfer and assign this Agreement to an Affiliate of the Primary Servicer so long as the conditions described in clauses (i), (ii), (iv) and (v) of the second paragraph of Section 3.02 of this Agreement are satisfied in connection with such transfer and assignment. Notwithstanding the foregoing, prior to any assignment or transfer by the Primary Servicer of this Agreement or the servicing hereunder (the “Primary Servicing Rights”), the Primary Servicer shall allow the Master Servicer an opportunity to bid on the purchase of such Primary Servicing Rights. The Primary Servicer may also solicit bids from any other parties independent of the Primary Servicer.

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