Common use of Assignment with Prior Consent Clause in Contracts

Assignment with Prior Consent. Except as provided in Section 10.2 below, no Construction Party shall assign its rights or delegate its duties, or any part of such rights or duties, under the Interconnection Construction Service Agreement without the written consent of the other Construction Parties, which consent shall not be unreasonably withheld, conditioned or delayed. Any such assignment or delegation made without such written consent shall be null and void. A Construction Party may make an assignment in connection with the sale, merger, or transfer of a substantial portion or all of its properties, including the Interconnection Facilities which it will own upon completion of construction and the transfer of title required by Section 5 of this Appendix 2, so long as the assignee in such a sale, merger, or transfer assumes in writing all rights, duties and obligations arising under this Interconnection Construction Service Agreement. In addition, the Interconnected Transmission Owner shall be entitled, subject to Applicable Laws and Regulations, to assign the Interconnection Construction Service Agreement to any Affiliate or successor that owns and operates all or a substantial portion of the Interconnected Transmission Owner’s transmission facilities.

Appears in 76 contracts

Samples: Construction Service Agreement, Construction Service Agreement, Construction Service Agreement

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