Contract Reassignment Clause Samples

The Contract Reassignment clause defines the conditions under which one party may transfer its rights and obligations under the contract to another party. Typically, this clause outlines whether reassignment is permitted, if prior written consent from the other party is required, and any procedures that must be followed for a valid reassignment. For example, it may allow a company to assign the contract to a subsidiary or a purchaser in the event of a merger. The core function of this clause is to provide clarity and control over who may ultimately be responsible for performing under the contract, thereby protecting the interests of all parties involved.
Contract Reassignment. This contract cannot be reassigned by the resident to another party.
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Related to Contract Reassignment

  • Contract Renewal The Contract is hereby renewed for a period of one (1) year, with a new expiration date of June 8, 2021, under the same terms and conditions.

  • Contract Revisions Notwithstanding Contract Exhibit C, Special Contract Conditions section 6.9, the following types of revisions can be made to the Contract without a formal Contract amendment, upon written notice: Revisions by the Contractor: 1) Contractor’s Information and Contacts 2) Contractor’s Contract Manager Revisions by the Department: 1) Department’s Contract Manager 2) Department’s Quarterly Sales Report (Contract Exhibit J) 3) Contractor Performance Survey (Contract Exhibit I) Contract Exhibit C, Special Contract Conditions section 6.9, applies to all other modifications to the Contract.

  • Contract Assignment You cannot assign this contract to another person nor sublet any part of the premises.

  • Contract Review Agent shall have reviewed all material contracts of Borrowers including, without limitation, leases, union contracts, labor contracts, vendor supply contracts, license agreements and distributorship agreements and such contracts and agreements shall be satisfactory in all respects to Agent;

  • ASSIGNMENT/SUB-CONTRACTING The Contractor agrees that he will not sell, assign or transfer this Agreement or any part thereof or interest therein without the prior written consent of the Owner.