Common use of Binding Rights and Obligations Clause in Contracts

Binding Rights and Obligations. The rights and obligations created by this Agreement and all Schedules and supplements thereto shall inure to and bind the successors and assigns of the Parties; provided, however, no Party may assign its rights or obligations under this Agreement without the written consent of the Members Committee unless the assignee concurrently becomes the Load Serving Entity with regard to the end-users previously served by the assignor.

Appears in 9 contracts

Samples: Reliability Assurance Agreement, Reliability Assurance Agreement, Reliability Assurance Agreement

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