Common use of ASSIGNMENT, TRANSFER, AND SUBCONTRACTING Clause in Contracts

ASSIGNMENT, TRANSFER, AND SUBCONTRACTING. Neither party shall assign or otherwise transfer any of the rights or delegate any of the duties set for in this Contract without the prior written approval of the other party. The Contractor shall not use this Contract, or any portion thereof, for collateral for any financial obligation, without the prior written permission of City. No such written approval shall relieve the Contractor of any obligations of this Contract and any transferee or subcontractor shall be considered the agent of the Contractor. The Contractor shall remain liable as between the original parties to the Contract as if no such assignment had occurred.

ASSIGNMENT, TRANSFER, AND SUBCONTRACTING. Neither party shall assign or otherwise transfer any of the rights or delegate any of the duties set for in this Contract Amendment without the prior written approval of the other party. The Contractor shall not use this ContractAmendment, or any portion thereof, for collateral for any financial obligation, without the prior written permission of City. No such written approval shall relieve the Contractor of any obligations of this Contract Amendment and any transferee or subcontractor shall be considered the agent of the Contractor. The Contractor shall remain liable as between the original parties to the Contract Amendment as if no such assignment had occurred.