Common use of Assignment to Affiliates Clause in Contracts

Assignment to Affiliates. Notwithstanding Section 11.01, any Party may assign this Agreement to an affiliate of such Party without the consent of the other Parties, provided, however, that the assigning Party shall remain liable for all of its obligations under this Agreement unless and until the consent of the non-assigning Parties is secured in accordance with Section 11.01. The assigning Party shall notify the other Parties of the occurrence of any event described in this paragraph.

Appears in 6 contracts

Samples: Power Purchase and Interconnection Agreement, Power Purchase and Interconnection Agreement, Power Purchase and Interconnection Agreement

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