Common use of No Assignment Without Consent Clause in Contracts

No Assignment Without Consent. Except as permitted in this Article, neither Party shall assign this PPA or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that (i) at least thirty (30) Days prior notice of any such assignment shall be given to the other Party; (ii) any assignee shall expressly assume the assignor’s obligations hereunder, (iii) no assignment shall relieve the assignor of its obligations hereunder in the event the assignee fails to perform, except as otherwise provided in subsection (C) or (D) below; (iv) no assignment shall impair any security given hereunder; and (v) before the PPA is assigned by any Party, the assignee must first obtain such approvals as may be required by all applicable regulatory bodies.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Otter Tail Corp), Purchase and Sale Agreement (Otter Tail Corp)

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No Assignment Without Consent. (a) Except as permitted in this ArticleArticle 14, neither Party shall assign this PPA Agreement or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned withheld or delayed; provided, however, that provided (i) at least thirty (30) Days days’ prior written notice of any such assignment shall be given to the other Party; (ii) any assignee shall expressly assume the assignor’s obligations hereunder, (iii) unless otherwise agreed to by the other Party, and no assignment assignment, whether or not consented to, shall relieve the assignor of its obligations hereunder in the event the assignee fails to perform, except as otherwise provided unless the other Party agrees in subsection (C) or (D) belowwriting in advance to waive the assignor’s continuing obligations pursuant to this Agreement; (iviii) no such assignment shall impair any security Security given by Seller hereunder; and (viv) before the PPA Agreement is assigned by any PartySeller, the assignee must first obtain such approvals as may be required by all applicable regulatory bodiesGovernmental Authorities.

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement, Consent and Agreement (Us Geothermal Inc)

No Assignment Without Consent. Except as permitted in this ArticleArticle 9, neither Party shall assign this PPA Agreement or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned withheld or delayed; provided, however, that provided (i) at least thirty (30) Days days prior notice of any such assignment shall be given to the other Party; (ii) any assignee assignee, other than under a collateral assignment, shall expressly assume the assignor’s obligations hereunder, (iii) unless otherwise agreed to by the other Party, and no assignment assignment, whether or not consented to, shall relieve the assignor of its obligations hereunder in the event the assignee fails to perform, except as otherwise provided unless the other Party agrees in subsection (C) or (D) below; (iv) no assignment shall impair any security given hereunderwriting in advance to waive the assignor’s continuing obligations pursuant to this Agreement; and (viii) before the PPA Agreement is assigned by any PartySeller, other than under a collateral assignment, the assignee must first obtain such approvals as may be required by all applicable regulatory bodies.

Appears in 2 contracts

Samples: Renewable Energy Power Purchase Agreement, Renewable Energy Power Purchase Agreement (Blue Sphere Corp.)

No Assignment Without Consent. Except as permitted in this ArticleArticle 18 of this Agreement, neither Party shall assign this PPA Agreement or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned withheld or delayed; , provided, however, that that: (i) at least thirty (30) Days Days’ prior notice of any such assignment shall is be given to the other Party; (ii) any assignee shall expressly assume assumes the assignor’s obligations hereunderunder this Agreement, (iii) unless otherwise agreed to by the other Party, and no assignment assignment, whether or not consented to, shall relieve the assignor of its obligations hereunder under this Agreement in the event the assignee fails to perform, except as otherwise provided unless the other Party agrees in subsection writing in advance to waive the assignor’s continuing obligations pursuant to this Agreement; (Ciii) or (D) belowno such assignment impairs any security given by Seller under this Agreement; and (iv) no assignment shall impair any security given hereunder; and (v) before the PPA Agreement is assigned by any PartySeller, the assignee must first obtain obtains such approvals as may be required by all applicable regulatory bodiesGovernmental Authorities.

Appears in 2 contracts

Samples: Energy Purchase Power Agreement, Energy Purchase Power Agreement (El Paso Electric Co /Tx/)

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No Assignment Without Consent. Except as permitted in this ArticleArticle 15, neither Party party shall assign this PPA Agreement or any portion thereof, without the prior written consent of the other Partyparty, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that provided (i) at least thirty (30) Days days prior notice of any such assignment shall be given to the other Partyparty; (ii) any assignee shall expressly assume the assignor’s obligations hereunder, (iii) unless otherwise agreed to by the other party, and no assignment assignment, whether or not consented to, shall relieve the assignor of its obligations hereunder in the event the assignee fails to perform, except as otherwise provided unless the other party agrees in subsection (C) or (D) belowwriting in advance to waive the assignor’s continuing obligations pursuant to this Agreement; (iviii) no such assignment shall impair any security given by Seller hereunder; and (v) before the PPA is assigned by any Party, the assignee must first obtain such approvals as may be required by all applicable regulatory bodies.;

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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