Common use of Assignment to Financing Parties Clause in Contracts

Assignment to Financing Parties. Notwithstanding Section 26.4, Contractor agrees to (i) the assignment by Owner, without the consent of Contractor, of its rights and obligations under this Agreement to the Financing Parties in connection with the financing of the Project or to any designee of the Financing Parties, and (ii) the Financing Parties’ performance of Owner’s obligations under this Agreement after such assignment.

Appears in 1 contract

Samples: Build Transfer Agreement

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Assignment to Financing Parties. Notwithstanding Section 26.4, Contractor agrees to (i) the assignment by Owner, without the consent of Contractor, of its rights and obligations under this Agreement to the Financing Parties in connection with the financing of the Project or to any designee of the Financing Parties, and (ii) the Financing Parties’ performance of Owner’s obligations under this Agreement after such assignment.. NOTICES

Appears in 1 contract

Samples: Procurement and Construction Agreement

Assignment to Financing Parties. Notwithstanding Section 26.421.4, Contractor agrees to (i) the assignment by Owner, without the consent of Contractor, of its rights and obligations under this Agreement to the Financing Parties in connection with the financing of the Project or to any designee of the Financing Parties, and (ii) the Financing Parties’ performance of Owner’s obligations under this Agreement after such assignment.. NOTICES

Appears in 1 contract

Samples: Engineering, Procurement and Construction Agreement

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Assignment to Financing Parties. Notwithstanding Section 26.421.4, Contractor agrees to (i) the assignment by Owner, without the consent of Contractor, of its rights and obligations under this Agreement to the Financing Parties in connection with the financing of the Project or to any designee of the Financing Parties, and (ii) the Financing Parties’ performance of Owner’s obligations under this Agreement after such assignment.

Appears in 1 contract

Samples: Build Transfer Agreement

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