Common use of Change in Control and Transfer Clause in Contracts

Change in Control and Transfer. Any change in the Control of the Purchaser and/ or any transfer of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity (each such event being individually referred to as a “Transfer Event”) shall be permissible with prior approval of the Seller if: (a) such change in Control does not result in the Purchaser becoming non-compliant with any of the Eligibility Conditions or the transferee of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity continues to satisfy all of the Eligibility Conditions; and (b) such Transfer Event occurs in accordance with Applicable Law and the conditions for transfer and/ or assignment contained in this Agreement.

Appears in 6 contracts

Samples: E Fuel Supply Agreement, E Fuel Supply Agreement, E Fuel Supply Agreement

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Change in Control and Transfer. Any change in the Control of the Purchaser and/ or any transfer of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity (each such event being individually referred to as a “Transfer Event”) shall be permissible with prior approval of the Seller if: (a) such change in Control does not result in the Purchaser becoming non-non- compliant with any of the Eligibility Conditions or the transferee of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity continues to satisfy all of the Eligibility Conditions; and (b) such Transfer Event occurs in accordance with Applicable Law and the conditions for transfer and/ or assignment contained in this Agreement.

Appears in 4 contracts

Samples: Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement

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Change in Control and Transfer. Any change in the Control of the Purchaser and/ or any transfer of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity (each such event being individually referred to as a “Transfer Event”―Transfer Event‖) shall be permissible with prior approval of the Seller if: (a) such change in Control does not result in the Purchaser becoming non-non- compliant with any of the Eligibility Conditions or the transferee of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity continues to satisfy all of the Eligibility Conditions; and (b) such Transfer Event occurs in accordance with Applicable Law and the conditions for transfer and/ or assignment contained in this Agreement.

Appears in 1 contract

Samples: Fuel Supply Agreement

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