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 ▇▇▇▇.
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.
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).
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).
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 ▇▇▇▇.
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.
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
Financing and Assignment