Common use of Nalcor Assignment Rights Clause in Contracts

Nalcor Assignment Rights. (a) General - Nalcor shall not be entitled to assign all or any portion of its interest in this Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Nalcor Rights”), without the prior written consent of Emera, which consent may be arbitrarily withheld, except that, at any time and from time to time, Nalcor, without such consent, shall be entitled to assign all or any portion of its interest in the Nalcor Rights to an Affiliate or Affiliates of Nalcor, provided that Xxxxxx enters into an agreement with Emera substantially in the form attached hereto as Schedule 3. (b) Agreement to be Bound - No assignment may be made of all or any portion of the Nalcor Rights by Xxxxxx unless Xxxxxx obtains the written agreement of all Persons party to the assignment confirming that such Person shall, from and after the date of the assignment, be bound by the provisions of the assigned Nalcor Rights.

Nalcor Assignment Rights. (a) General - Nalcor shall not be entitled to assign all or any portion of its interest in this Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Nalcor Rights”), without the prior written consent of Emera, which consent may be arbitrarily withheld, except that, at any time and from time to time, Nalcor, without such consent, shall be entitled to assign all or any portion of its interest in the Nalcor Rights to an Affiliate or Affiliates of Nalcor, provided that Xxxxxx Nalcor enters into an agreement with Emera substantially in the form attached hereto as Schedule 35. (b) Agreement to be Bound - No assignment may be made of all or any portion of the Nalcor Rights by Xxxxxx Nalcor unless Xxxxxx Nalcor obtains the written agreement of all Persons party to the assignment confirming that such Person shall, from and after the date of the assignment, be bound by the provisions of the assigned Nalcor Rights.

Nalcor Assignment Rights. (a) General - Nalcor shall not be entitled to assign all or any portion of its interest in the Development Activities, this Agreement, a Nalcor Project Contract, any Claim or any other agreement relating to any of the foregoing (collectively, the “Nalcor Rights”), without the prior written consent of Emera, which consent may be arbitrarily withheld, except that, at any time and from time to time, Nalcor, without such consent, shall be entitled to assign all or any portion of its interest in the Nalcor Rights to an Affiliate or Affiliates of Nalcor, provided that Xxxxxx Nalcor enters into an agreement with Emera substantially in the form attached hereto as Schedule 34. (b) Agreement to be Bound - No assignment may be made of all or any portion of the Nalcor Rights by Xxxxxx Nalcor unless Xxxxxx Nalcor obtains the written agreement of all Persons party to the assignment confirming that such Person shall, from and after the date of the assignment, be bound by the provisions of the assigned Nalcor Rights.

Nalcor Assignment Rights. (a) General - Nalcor shall not be entitled to assign all or any portion of its interest in this Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Nalcor Rights”), without the prior written consent of Emera, which consent may be arbitrarily withheld, except that, at any time and from time to time, Nalcor, without such consent, shall be entitled to assign all or any portion of its interest in the Nalcor Rights to an Affiliate or Affiliates of Nalcor, provided that Xxxxxx Nalcor enters into an agreement with Emera substantially in the form attached hereto as Schedule 37. (b) Agreement to be Bound - No assignment may be made of all or any portion of the Nalcor Rights by Xxxxxx Nalcor unless Xxxxxx Nalcor obtains the written agreement of all Persons party to the assignment confirming that such Person shall, from and after the date of the assignment, be bound by the provisions of the assigned Nalcor Rights.

Nalcor Assignment Rights. (a) General - Nalcor shall not be entitled to assign all or any portion of its interest in this Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Nalcor Rights”), without the prior written consent of Emera, which consent may be arbitrarily withheld, except that, at any time and from time to time, Nalcor, without such consent, shall be entitled to assign all or any portion of its interest in the Nalcor Rights to an Affiliate or Affiliates of Nalcor, provided that Xxxxxx Nalcor enters into an agreement with Emera substantially in the form attached hereto as Schedule 32. (b) Agreement to be Bound - No assignment may be made of all or any portion of the Nalcor Rights by Xxxxxx Nalcor unless Xxxxxx Nalcor obtains the written agreement of all Persons party to the assignment confirming that such Person shall, from and after the date of the assignment, be bound by the provisions of the assigned Nalcor Rights.

Nalcor Assignment Rights. (a) General - Nalcor shall not be entitled to assign all or any portion of its interest in this Agreement, any Claim or any other agreement relating to any of the foregoing (collectively, the “Nalcor Rights”), without the prior written consent of Emera, which consent may be arbitrarily withheld, except that, at any time and from time to time, Nalcor, without such consent, shall be entitled to assign all or any portion of its interest in the Nalcor Rights to an Affiliate or Affiliates of Nalcor, provided that Xxxxxx Nalcor enters into an agreement with Emera substantially in the form attached hereto as Schedule 3. (b) Agreement to be Bound - No assignment may be made of all or any portion of the Nalcor Rights by Xxxxxx Nalcor unless Xxxxxx Nalcor obtains the written agreement of all Persons party to the assignment confirming that such Person shall, from and after the date of the assignment, be bound by the provisions of the assigned Nalcor Rights.