Common use of Assignments Before Closing Clause in Contracts

Assignments Before Closing. Prior to Closing, neither Party may assign its interest in or under this Agreement or to the Assets without the prior written consent of the other Party, except as may be required by the Vendor to comply with its obligations respecting any preferential rights, as provided in Article 7.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Centor Energy, Inc.), Agreement of Purchase and Sale (Geocan Energy Inc), Agreement of Purchase and Sale (Geocan Energy Inc)

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Assignments Before Closing. Prior to Closing, neither Party may assign its interest in or under this Agreement or to the Assets without the prior written consent of the other Party, except as may be required by the Vendor to comply with its obligations respecting any preferential rights, as provided in Article 77.00.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Kodiak Energy, Inc.), Agreement of Purchase and Sale (Cotton Valley Resources Corp)

Assignments Before Closing. Prior to Closing, neither Party may assign its interest in or under this Agreement or to the Assets (other than Permitted Encumbrances or as disclosed herein) without the prior written consent of the other Party, except as may be required by the Vendor to comply with its obligations respecting any preferential rights, as provided in Article 7.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alberta Star Development Corp)

Assignments Before Closing. Prior to Closing, neither Party may assign its interest in or under this Agreement or to the Assets Shares without the prior written consent of the other Party, except as may be required by the Vendor to comply with its obligations respecting any preferential rights, as provided in Article 7.

Appears in 1 contract

Samples: Share Purchase and Sale Agreement (Pengrowth Energy Trust)

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Assignments Before Closing. Prior to Closing, neither Party may assign its interest in or under this Agreement or to the Assets without the prior written consent of the other Party, except as may be required by the Vendor Seller to comply with its obligations respecting any preferential rights, as provided in Article 73.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cec Resources LTD)

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