Common use of Disposal of Relevant Business Assets Clause in Contracts

Disposal of Relevant Business Assets. 13.4.1. Without limiting its other obligations under this Agreement, the Contractor may not carry out any Disposal of, or any Relinquishment of Operational Control over, any Relevant Business Asset without the prior written consent of the DCC. The Contractor acknowledges that: (a) the granting of consent by the DCC under this paragraph 13.4 may be subject to the Authority also granting its consent to the relevant Disposal or Relinquishment of Operational Control; and (b) the consent of the DCC under this paragraph 13.4 may be given subject to acceptance by the Contractor, or by any third party in favour of whom the relevant Disposal or Relinquishment of Operational Control is to be made, of such conditions as may be specified in the DCC's consent.

Appears in 2 contracts

Samples: Contractor Agreement, Terms and Conditions

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Disposal of Relevant Business Assets. 13.4.1. 13.4.1 Without limiting its other obligations under this Agreement, the Contractor may not carry out any Disposal of, or any Relinquishment of Operational Control over, any Relevant Business Asset without the prior written consent of the DCC. The Contractor acknowledges that: (a) 13.4.1.1 the granting of consent by the DCC under this paragraph 13.4 may be subject to the Authority also granting its consent to the relevant Disposal or Relinquishment of Operational Control; and (b) 13.4.1.2 the consent of the DCC under this paragraph 13.4 may be given subject to acceptance by the Contractor, or by any third party in favour of whom the relevant Disposal or Relinquishment of Operational Control is to be made, of such conditions as may be specified in the DCC's consent.

Appears in 1 contract

Samples: Design Proving Agreement

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Disposal of Relevant Business Assets. 13.4.1. Without limiting its other obligations under this Agreement, the Contractor may not carry out any Disposal of, or any Relinquishment of Operational Control over, any Relevant Business Asset without the prior written consent of the DCC. The Contractor acknowledges that: (a) the granting of consent by the DCC under this paragraph 13.4 may be subject to the Authority also granting its consent to the relevant Disposal or Relinquishment of Operational Control; and (b) the consent of the DCC under this paragraph 13.4 may be given subject to acceptance by the Contractor, or by any third party in favour of whom the relevant Disposal or Relinquishment of Operational Control is to be made, of such conditions as may be specified in the DCC's consent.. DCCT0254 DCC Confidential Page 42 of 63

Appears in 1 contract

Samples: Provision of a Study to Demonstrate the Technology and Security Landscape for the Next 10 – 15 Years

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