Assignment of Rights and Obligations. (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.
(b) Owners, without Managing Agent’s consent, may not assign their respective rights or delegate their respective obligations hereunder.
(c) Any assignment permitted hereunder shall not release the assignor hereunder.
Assignment of Rights and Obligations. To the extent that the Customer is a public body, the Customer may assign, in full or in part, its rights and obligations under this Agreement to another Norwegian public body, which shall then be entitled to corresponding terms and conditions. The Contractor may only assign its rights and obligations under the Agreement with the written consent of the Customer. The same shall apply if the Contractor is de- merged into several companies or in the case of assignment to a subsidiary or another company within the same group, but not if the Contractor is merged with another company. Consent shall not be unreasonably withheld. The right to assignment in the paragraph above shall only apply if the new contractor meets the original qualification requirements, no other material changes are made to the contract, and the assignment is not made to circumvent the regulations concerning public procurement. The right to consideration under this Agreement may be assigned freely, but shall not release the Contractor from its obligations and responsibilities.
Assignment of Rights and Obligations. To the extent that the Customer is a public body, the Customer may assign its rights and obligations under this Agreement to another public body. The entity to which the rights and obligations are assigned shall be entitled to corresponding terms and conditions, provided that the rights and obligations under the Agreement are assigned jointly. The Contractor may only assign its rights and obligations under the Agreement with the written consent of the Customer. The same shall apply if the Contractor is de- merged into several companies or in the case of assignment to a subsidiary or another company within the same group, but not if the Contractor is merged with another company. Consent shall not be unreasonably withheld. The right to assignment in the paragraph above shall only apply if the new contractor meets the original qualification requirements, no other material changes are made to the contract, and the assignment is not made to circumvent the regulations concerning public procurement. The right to consideration under this Agreement may be assigned freely. Such assignment shall not release the relevant party from its obligations and responsibilities.
Assignment of Rights and Obligations. Any of the Banks (as well as any of their assignees) may freely assign their rights and obligations to (i) any of its affiliate companies, and, in such case the Banks shall duly serve the Borrower notice within a period of *** Business Days as of the execution of the assignment; and/or (ii) any financial institution or entity domiciled in any of the countries following the standards of the Basel Banking Committee, and, in such case, the Banks shall duly serve the Borrower notice within a period of *** Business Days as of the execution of the assignment; and/or (iii) one or several financial trusts as part of a securitization performed in compliance with Section 70 of Act No. 24441, in which case it shall not be necessary to notify the Borrower about the whole or part of the benefits and/or rights, and/or shares, and/or duties, and/or charges, and/or obligations enforceable under this Agreement. The Banks may also assign the whole or part of the benefits, rights, shares, duties, charges, obligations or contractual position they may have pursuant to the Loan to any Person other than the ones abovementioned as long as they have the Borrower’s prior written consent, which shall not be rejected without reason nor delayed for a period longer than *** Business Days if required, being it hereby set forth that, in case said period expires, it shall be deemed accepted if the Borrower fails to either accept or reject the assignment request. Such Borrower’s consent shall not be necessary in case, at the time of executing the assignment, the Borrower had failed to fulfill any of its obligations under this Agreement. Pursuant to the terms and conditions of said assignments, each assignee, once the assignment is legally served to the Borrower and the Administrative Agent, shall have the same benefits and/or rights, and/or shares, and/or duties, and/or charges, and/or obligations and/or contractual position as the assigning Bank would have had under this Agreement if no assignment had been carried out.
Assignment of Rights and Obligations. Each of the Parties is entitled to fully assign its rights and obligations created under the pre- sent Contract to third parties. Such assignment is permitted solely subject to the express prior consent of the other Party. Such consent may be withheld only if the third party offers no secure guarantee for the performance of the present Contract. Such consent shall be granted if the rights and obligations are to be transferred to an Associ- ated Company as defined under Sections 15 et seq. of the German Stock Corporation Act and if this company provides a secure guarantee for the performance of the Contract. In the case of a fully assignment of all rights and obligations under this Contract to third par- ties, a transmission fee in the amount of 10,000 EUR per assignment will be charged.
Assignment of Rights and Obligations. 23.1 Unless otherwise agreed in writing, and subject to Clause 23.2, no rights, benefits or obligations under this Agreement may be assigned or transferred, in whole or in part, by a Party without the prior written consent of the other Party. Such consent shall not be unreasonably withheld.
23.2 No consent is required under Clause 23.1 for an assignment of rights, benefits or obligations under this Agreement (in whole or in part) to an Affiliate of the assigning Party provided that:
23.2.1 such Affiliate is legally authorised to operate the network of the assigning Party;
23.2.2 the assigning Party shall promptly give notice to the other Party of any proposed assignment; and
23.2.3 no assignment shall be valid unless the assignee / successor agrees in writing to be bound by the provisions of this Agreement.
23.3 Nothing in this Agreement shall prevent NBI from novating or assigning its right and obligations under this Agreement to the Minister or a replacement supplier where required to do so under the terms of the NBP Agreement.
Assignment of Rights and Obligations. On termination of this Agreement or dissolution of this association, the Association shall assign or otherwise lawfully transfer to the Department, or a non-profit entity designated by the Department, all funds, bank or other accounts containing funds for the benefit of the Department, and any contractual rights it may have with third parties to receive donated funds, goods or services for the benefit of the Department. The Association agrees to execute any documents necessary to give effect to such assignments or other transfers of such obligations or rights.
Assignment of Rights and Obligations. RCDevs may transfer any of the rights and obligations under this Agreement to third parties at any time and is entitled to use agents for fulfillment of RCDevs' contractual obligations with the prior written consent of the Licensee, so long as such third parties have executed confidentiality agreements that protect Licensee’s confidential information from unauthorized use and disclosure.
Assignment of Rights and Obligations. 6.1 Neither Party may assign any or all of its rights and obligations hereunder without the other Party's written consent thereto.
Assignment of Rights and Obligations. 21.2.1 The Seller is entitled to assign all rights and obligations under the Agreement, including an order, to a third party without the Buyer's consent.
21.2.2 The Buyer is not entitled to assign the Agreement to a third party without the Seller's prior written consent. However, the Buyer is entitled to assign the rights and obligations under the Agreement to third parties with regard to taking delivery of Products as well as ordering and paying for Products. In the event of such assignment, the Buyer shall remain liable to the Seller for compliance with the Agreement.
