Financing and Assignment Clause Samples

The Financing and Assignment clause defines the conditions under which a party may secure financing for their obligations under the agreement and transfer their rights or responsibilities to another party. Typically, this clause outlines whether consent is required for assignment, any restrictions on transferring interests, and the process for notifying the other party of such actions. Its core function is to provide clarity and control over changes in the parties involved or the financial arrangements, thereby protecting both parties from unexpected shifts in obligations or ownership.
Financing and Assignment. This Agreement binds Customer, regardless of any financing arrangements, subrogations or assumptions. Customer acknowledges that ▇▇▇▇ may have a contractual relationship with one or more third-party financing companies, wherein such companies have agreed that to offer financing to Product customers if they meet certain financial criteria. Customer further acknowledges that ▇▇▇▇ is not a party to any resulting financing agreements which Customer may enter with any third-party financing company. Customer may not assign its rights or delegate its obligations hereunder except with the prior written consent of ▇▇▇▇ (which may be withheld in its sole discretion). ▇▇▇▇ may subcontract the performance of any obligation of ▇▇▇▇ under the Agreement, and ▇▇▇▇ may assign any right or obligation under the Agreement, to an affiliated party of ▇▇▇▇.
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Financing and Assignment. This Agreement binds Customer, regardless of any financing arrangements, subrogations or assumptions. Customer acknowledges that Merz has a contractual relationship with Ascentium Capital LLC, wherein Ascentium has agreed that it may offer financing to Product customers if they meet certain financial criteria. Customer further acknowledges that ▇▇▇▇ is not a party to any resulting financing agreements which Customer may enter with Ascentium or any other third-party financing company. Customer may not assign its rights or delegate its obligations hereunder except with the prior written consent of Merz (which consent may be withheld in its sole discretion). Merz may subcontract the performance of any obligation of Merz under the Agreement, and Merz may assign any right or obligation under the Agreement, to an affiliated party of Merz.
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Financing and Assignment. This Agreement binds Buyer, regardless of any financing arrangements, subrogations or assumptions. Buyer may not assign its rights or delegate its obligations hereunder except with the prior written consent of Lumenis (which consent may be withheld in its sole discretion).
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Financing and Assignment. This Agreement binds Buyer, regardless of any financing arrangements, subrogations or assumptions. Buyer may not assign its rights or delegate its obligations hereunder except with the prior written consent of Seller (which consent may be withheld in its sole discretion).
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Financing and Assignment. This Agreement binds Customer, regardless of any financing arrangements, subrogations or assumptions. Customer may not assign its rights or delegate its obligations hereunder except with the prior written consent of ▇▇▇▇ (which consent may be withheld in its sole discretion). ▇▇▇▇ may subcontract the performance of any obligation of ▇▇▇▇ under the Agreement, and ▇▇▇▇ may assign any right or obligation under the Agreement, to an affiliated party of ▇▇▇▇.
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Financing and Assignment. This Agreement binds Customer, regardless of any financing arrangements, subrogations or assumptions. Customer may not assign its rights or delegate its obligations hereunder except with the prior written consent of Merz (which consent may be withheld in its sole discretion). Merz may subcontract the performance of any obligation of Merz under the Agreement, and Merz may assign any right or obligation under the Agreement, to an affiliated party of Merz.
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Financing and Assignment. This Agreement binds Customer, regardless of any financing arrangements, subrogations or assumptions. Customer acknowledges that Merz has a contractual relationship with Ascentium Capital LLC, wherein Ascentium has agreed that it may offer financing to Product customers if they meet certain financial
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Financing and Assignment 
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Related to Financing and Assignment

  • SUB-CONTRACTING AND ASSIGNMENT 18.1 Subject to clause 18.3, neither party shall assign, novate, subcontract or otherwise dispose of any or all of its rights and obligations under this agreement without the prior written consent of the other party, neither may the Supplier sub-contract the whole or any part of its obligations under this agreement except with the express prior written consent of the Authority, such consent not to be unreasonably withheld. 18.2 In the event that the Supplier enters into any Sub-Contract in connection with this agreement it shall: (a) remain responsible to the Authority for the performance of its obligations under the agreement notwithstanding the appointment of any Sub-Contractor and be responsible for the acts omissions and neglects of its Sub-Contractors; (b) impose obligations on its Sub-Contractor in the same terms as those imposed on it pursuant to this agreement and shall procure that the Sub-Contractor complies with such terms; and (c) provide a copy, at no charge to the Authority, of any such Sub-Contract on receipt of a request for such by the Authority’s Authorised Representative. 18.3 The Authority shall be entitled to novate (and the Supplier shall be deemed to consent to any such novation) the agreement to any other body which substantially performs any of the functions that previously had been performed by the Authority.

  • Amendment and Assignment Neither party may cause this Agreement to be amended, assigned, assumed, sold or otherwise transferred without the prior written consent of the other party. However, the City hereby gives its permission that the Company’s rights to receive the Payments hereunder may be assigned by the Company to a private lender, as security on a credit facility taken with respect to the Project, without further action on the part of the City.

  • CESSION AND ASSIGNMENT The Service Provider shall not cede, assign, abandon or transfer any of its rights and/or obligations in terms of this Agreement (whether in part or in whole) or delegate any of its obligations in terms of this Agreement, without the prior written consent of the Fund.

  • SUBLEASING AND ASSIGNMENT The Sublessee may not lease, sublease, or assign the Premises without the prior written consent of the Sublessor.

  • Enurement and Assignment This Agreement shall enure to the benefit of the parties hereto and their respective successors and permitted assigns and shall be binding upon the parties hereto and their respective successors. This Agreement may not be assigned by any party hereto without the prior written consent of each of the other parties hereto.