Common use of NONASSIGNABILITY; SUBCONTRACTS; DESIGNATION AND TERMINATION OF AGENT Clause in Contracts

NONASSIGNABILITY; SUBCONTRACTS; DESIGNATION AND TERMINATION OF AGENT. a. Neither this contract nor any interest herein or any payments hereunder shall be assigned without the written consent of TVA, which consent TVA may withhold in its sole discretion. In the event TVA shall give such consent, the same shall not be construed as a waiver of this provision with regard to any subsequent assignment. TVA may assign its rights under this contract to any responsible party. b. The Contractor shall, on request, file with TVA copies of all subcontracts and terms of all commitments with subcontractors, and TVA shall have the right to disapprove any thereof within five (5) days after receipt of such information. c. No designation of any agent by the Contractor to submit invoices, receive payments, or take any other action in connection with the performance or administration of this contract shall be effective or recognized by TVA until the Contractor has given written notice of such designation and TVA has given Contractor specific written notice of its approval thereof. d. If Contractor notifies TVA in writing of the termination of any agent that Contractor may have therefore designated to administer this contract on its behalf, TVA may thereafter rely on such notice of termination in all dealings with Contractor or a successor agent.

NONASSIGNABILITY; SUBCONTRACTS; DESIGNATION AND TERMINATION OF AGENT. a. Neither Except as otherwise provided for in the contract, neither this contract nor any interest herein or any payments hereunder shall be assigned without the written consent of TVA, which consent TVA may withhold in its sole discretion. In the event TVA shall give such consent, the same shall not be construed as a waiver of this provision with regard to any subsequent assignment. TVA may assign its rights under this contract to any responsible party. b. The Contractor shall, on request, file with TVA copies of all subcontracts and terms of all commitments with subcontractors, and TVA shall have the right to disapprove of any thereof subcontractor within five (5) days after receipt of such information. Peabody Coal Company, LLC, Highland Mining Company, LLC and Arclar Company, LLC are hereby approved as subcontractors by TVA. c. No designation of any agent by the Contractor to submit invoices, receive payments, or take any other action in connection with the performance or administration of this contract shall be effective or recognized by TVA until the Contractor has given written notice of such designation and TVA has given give Contractor specific written notice of its approval thereof. d. If Contractor notifies TVA in writing of the termination of any agent that Contractor may have therefore designated to administer this contract on its behalf, TVA may thereafter rely on such notice of termination in all dealings with wit Contractor or a successor agent.