Common use of Contractual Restrictions to any Assignment Clause in Contracts

Contractual Restrictions to any Assignment. Only One Master Contract Permitted during a Single Time Period: The Contractor, either directly or through its Parent Company/Holding Company, or any one or more of its affiliates, subsidiaries, business units, joint venture, or any other types of independent business structures is permitted to hold only one Master Contract during a single time period. If one or more additional Master Contracts are acquired by a single Alliant 2 prime Contractor via merger, acquisition, or otherwise, the Contractor may seek to be recognized in only one of the existing Alliant 2 GWACs; and the additional Master Contract shall be terminated for convenience at no cost to the government. Task Orders from the terminated excess GWAC may be novated or consolidated to the surviving Alliant 2 GWAC, if so required and authorized by the GSA GWAC PCO/ACO. The Acquiring Contractor is not permitted to assign any acquired Master Contract as it is a violation of this Master Contract. (See subsection Other Contractual Restrictions under

Appears in 7 contracts

Samples: Unrestricted Master Contract, Unrestricted Master Contract, Unrestricted Master Contract

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