Impermissible Assignment Sample Clauses

The Impermissible Assignment clause prohibits one party from transferring its rights or obligations under the contract to another party without prior consent. In practice, this means that neither party can assign the agreement or delegate their responsibilities to a third party unless the other party agrees, often in writing. This clause ensures that both parties maintain control over who they are contracting with, thereby preventing unwanted or unapproved changes in the contractual relationship.
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Impermissible Assignment. Any attempted assignment that does not comply with the terms of this Section shall be null and void ab initio; provided, however, that if Successful Respondent assigns this Agreement in contravention of this Section by operation of Law, such assignment shall be voidable at the option of DIR.
Impermissible Assignment. Any attempted assignment that does not comply with the terms of this Section shall be null and void.
Impermissible Assignment. Any attempted assignment that does not comply with the terms of this Article XV shall be null and void ab initio; provided, however, that if PROVIDER assigns this Contract in contravention of this Article XV by operation of Law, such assignment shall be voidable at the option of SIPA.