Assignment to Affiliates. If this § 28.2 is specified as applying in Section B of Part I (Individual Terms), each Party shall be entitled to assign its rights and obligations under this Agreement without the prior written consent of the other Party to an Affiliate of an equivalent or greater creditworthiness, provided that such Affiliate is incorporated in the same jurisdiction as the assigning and transferring Party. Such assignment shall only become effective upon notice being received by the other Party and provided that any Credit Support Document issued or agreed on behalf of the assigning Party has first been reissued or amended to support the obligations of the Affiliate for the benefit of the other Party.
Appears in 10 contracts
Samples: Individual Power Purchase Agreement, Individual Power Purchase Agreement, Individual Power Purchase Agreement
Assignment to Affiliates. If this § 28.2 is specified as applying in Section B of Part I (Individual Terms), each Party shall be entitled to assign its rights and obligations under this Agreement without the prior written consent of the other Party to an Affiliate of an equivalent or greater creditworthiness, provided that such Affiliate is incorporated in the same jurisdiction as the assigning and transferring Party. Such assignment shall only become effective upon notice being received by the other Party and provided that any Credit Support Document issued or agreed on behalf of the assigning Party has first been reissued or amended to support the obligations of the Affiliate for the benefit of the other Party. uprzedniej pisemnej zgody drugiej Xxxxxx, przy czym druga Strona nie będzie w nieuzasadniony sposób odmawiać, wstrzymywać lub opóźniać wydania takiej zgody.
Appears in 2 contracts
Samples: Power Purchase Agreement, Individual Power Purchase Agreement
