Common use of Legal succession Clause in Contracts

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s consent is not required. (3) Section (2) of this Article 17 shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller assigns the rights and obligations under this Master Agreement to a company affiliated with the Fuel Gas Seller as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender Conditions, XXXXXXX’s consent is not required.

Appears in 4 contracts

Samples: Master Agreement on the Sale and Supply of Fuel Gas Quantities, Master Agreement on the Sale, Supply and Balancing of Fuel Gas, Master Agreement

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Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE NGT assigns the rights and obligations under this Master Agreement to a company affiliated with GASCADE NGT as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s consent is not required. (3) Section (2) of this Article 17 shall apply mutatis mutandis if GASCADE NGT transfers grid operation to a third party. (4) If the Fuel Gas Seller assigns the rights and obligations under this Master Agreement to a company affiliated with the Fuel Gas Seller as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender Conditions, XXXXXXXNGT’s consent is not required.

Appears in 2 contracts

Samples: Master Agreement on the Sale and Supply of Fuel Gas Quantities, Master Agreement on the Sale and Supply of Fuel Gas Quantities

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE ONTRAS assigns the rights and obligations under this Master Agreement to a company affiliated with GASCADE ONTRAS as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE ONTRAS transfers grid operation to a third party. (4) If the Fuel Gas Seller assigns the rights and obligations under this Master Agreement to a company affiliated with the Fuel Gas Seller as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender Conditions, XXXXXXX’s ONTRAS's consent is not required.

Appears in 2 contracts

Samples: Master Agreement on the Sale and Supply of Fuel Gas Quantities, Master Agreement on the Sale and Supply of Fuel Gas Quantities

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsFUEL GAS INVITATION TO TENDER CONDITIONS, XXXXXXX’s 's consent is not required.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsFUEL GAS INVITATION TO TENDER CONDITIONS, XXXXXXX’s 's consent is not required.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsINVITATION TO TENDER CONDITIONS, XXXXXXX’s 's consent is not required.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE OGT assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE OGT as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE OGT transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsFUEL GAS INVITATION TO TENDER CONDITIONS, XXXXXXX’s OGT's consent is not required.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE OGT assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE OGT as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 shall apply mutatis mutandis if GASCADE OGT transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsINVITATION TO TENDER CONDITIONS, XXXXXXX’s OGT's consent is not required.

Appears in 1 contract

Samples: Master Agreement

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Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsFUEL GAS INVITATION TO TENDER CONDITIONS, XXXXXXX’s GASCADE's consent is not required.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsINVITATION TO TENDER CONDITIONS, XXXXXXX’s GASCADE's consent is not required.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is a good cause to justify refusing said consent. (2) If GASCADE OGT assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE OGT as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE OGT transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsFUEL GAS INVITATION TO TENDER CONDITIONS, XXXXXXX’s OGT's consent is not required.

Appears in 1 contract

Samples: Master Agreement on the Sale, Supply and Balancing of Fuel Gas Quantities

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent. (2) If GASCADE assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with GASCADE as defined in Section 15 of the Stock Corporation Act (AktG), the Fuel Gas Seller’s FUEL GAS SELLER's consent is not required. (3) Section (2) of this Article 17 article shall apply mutatis mutandis if GASCADE transfers grid operation to a third party. (4) If the Fuel Gas Seller FUEL GAS SELLER assigns the rights and obligations under this Master Agreement and the individual agreement to a company affiliated with the Fuel Gas Seller FUEL GAS SELLER as defined in Section 15 of the Stock Corporation Act (AktG) and that fulfils the requirements specified in the Invitation to Tender ConditionsFUEL GAS INVITATION TO TENDER CONDITIONS, XXXXXXX’s GASCADE's consent is not required.

Appears in 1 contract

Samples: Master Agreement

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