Common use of Commission Assignment Rights Clause in Contracts

Commission Assignment Rights. i. Subject to the Exchange’s prior written consent, the right to commissions under this Agreement may be assigned to another Agency or Agent certified by the Exchange. Such consent shall not be unreasonably withheld. Written notice of the assignment shall be given to the Exchange at least thirty (30) days prior to the effective date of the assignment. The Exchange shall pay the Assignee the commissions that would have been paid to Agency had the commission not been assigned.

Commission Assignment Rights. i. Subject to the Exchange’s prior written consent, the right to commissions under this Agreement may be assigned to another Agency or Agent agent certified by the ExchangeExchange or another entity. Such consent shall not be unreasonably withheld. Written notice of the assignment shall be given to the Exchange at least thirty (30) days prior to the effective date of the assignment. The Exchange shall pay the Assignee the commissions that would have been paid to Agency Agent had the commission not been assigned.