Effect of Permitted Assignment. In the event of any permitted sale, transfer or assignment under this Agreement, the transferor or assignor shall to the extent of the transferred or assigned obligations, and only to such extent, be relieved of obligations accruing from and after the effective date of such transfer or assignment; provided however that under no circumstances shall any sale, transfer, or assignment relieve the transferor or assignor of any liability for any breach of this Agreement occurring prior to the effective date of such transfer or assignment.
Appears in 5 contracts
Samples: Functional Agreement, Planning and Expansion Functional Agreement, Planning and Expansion Functional Agreement
Effect of Permitted Assignment. In the event of any permitted sale, transfer transfer, or assignment under this Agreement, the transferor or assignor shall shall, to the extent of the transferred or assigned obligations, and only to such extent, be relieved of obligations accruing from and after the effective date of such transfer or assignment; provided however provided, however, that under no circumstances shall any sale, transfer, or assignment relieve the transferor or assignor of any liability for any breach of this Agreement occurring prior to the effective date of such transfer or assignment.
Appears in 3 contracts
Samples: Western Joint Dispatch Agreement, Western Joint Dispatch Agreement, Western Joint Dispatch Agreement
Effect of Permitted Assignment. In the event of any permitted sale, transfer transfer, or assignment under this Order 1000 Agreement, the transferor or assignor shall to the extent of the transferred or assigned obligations, and only to such extent, be relieved of obligations accruing from and after the effective date of such transfer or assignment; provided however that under no circumstances shall any sale, transfer, or assignment relieve the transferor or assignor of any liability for any breach of this Order 1000 Agreement occurring prior to the effective date of such transfer or assignment.
Appears in 2 contracts
Samples: Order 1000 Functional Agreement, Order 1000 Functional Agreement
Effect of Permitted Assignment. In the event of any permitted sale, transfer transfer, or assignment under this Agreement, the transferor or assignor shall to the extent of the transferred or assigned obligations, and only to such extent, be relieved of obligations accruing from and after the effective date of such transfer or assignment; provided however that under no circumstances shall any sale, transfer, or assignment relieve the transferor or assignor of any liability for any breach of this Agreement occurring prior to the effective date of such transfer or assignment.
Appears in 1 contract
Samples: Columbiagrid Third Amended and Restated Planning and Expansion Functional Agreement
