Common use of Effectiveness and Efficacy of the Assignment Clause in Contracts

Effectiveness and Efficacy of the Assignment. 30.13. Upon approval of the Assignment by the Contracting Party, the Agreement shall be amended so that the act is performed, except in the events of exemption or replacement of a performance guarantee and in the event provided for in paragraph 30.17, pursuant to the Applicable Laws and Regulations.

Effectiveness and Efficacy of the Assignment. 30.1327.11. Upon approval of the Assignment by the Contracting Party, the Agreement shall be amended so that the act is performed, except in the events of exemption or replacement of a performance guarantee and in the event as provided for in paragraph 30.1727.15, pursuant to under the Applicable Laws and Regulations.