Notice and Assumption. Assignments and transfers of Developer’s Interest or the Department’s interest permitted under this Article IV or otherwise approved in writing by the Department or Developer, as applicable, shall be effective only upon receipt by the non-assigning Party of written notice of the assignment or transfer and a written instrument executed by the transferee, in form and substance reasonably acceptable to the non-assigning Party, in which the transferee, without condition or reservation, assumes all of Developer's or the Department’s (as the case may be) obligations, duties and liabilities under this Lease.
Notice and Assumption. 22.5.1 Assignments and transfers of the Developer’s Interest permitted under this Article 22 (other than pursuant to Section 22.1.1.1) or otherwise approved in writing by IFA shall be effective only upon IFA's receipt of Notice of the assignment or transfer and a written instrument executed by the transferee, in form and substance acceptable to IFA, in which the transferee, without condition or reservation, assumes all of Developer's obligations, duties and liabilities under this Agreement, the other PPA Documents and the Principal Project Documents then in effect and agrees to perform and observe all provisions thereof applicable to Developer.
Notice and Assumption. 21.4.1 Assignments and transfers of the DB Team’s Interest permitted under this Article 21 (other than pursuant to Article 21.1.1.1) or otherwise accepted in writing by GDOT shall be effective only upon GDOT’s receipt of written notice of the assignment or transfer and a written recordable instrument executed by the Transferee, in form and substance acceptable to GDOT, in which the Transferee, without condition or reservation, assumes all of DB Team’s obligations, duties and liabilities under the DB Documents and agrees to perform and observe all provisions thereof applicable to DB Team.
Notice and Assumption. 76 21.5 Change of Organization or Name ............................................................................ 77 Article 22 RECORDS AND AUDITS; INTELLECTUAL PROPERTY ..................................... 77 22.1 Maintenance and Inspection of Records .................................................................. 77 22.2 Audits ...................................................................................................................... 78 22.3 Open Government Laws and Freedom of Information Act ....................................... 79 22.4 Intellectual Property ................................................................................................. 80 22.5 Reserved ................................................................................................................. 82
Notice and Assumption. Assignments and transfers of Developer’s Interest or the Department’s interest permitted under this Article 23 or otherwise approved in writing by the Department or Developer, as applicable, shall be effective only upon receipt by the non-assigning Party of written notice of the assignment or transfer and a written instrument executed by the transferee, in form and substance reasonably acceptable to the non-assigning Party, in which the transferee, without condition or reservation, assumes all of Developer's or the Department’s (as the case may be) obligations, duties and liabilities under this Agreement, the Lease and the other Contract Documents then in effect and agrees to perform and observe all provisions thereof applicable to Developer or the Department. Each transferee of Developer’s rights and obligations under this Agreement, including any Person who acquires Developer’s Interest pursuant to foreclosure, transfer in lieu of foreclosure or similar proceeding, shall take Developer’s Interest subject to, and shall be bound by, the Project Management Plan, the Quality Plan, the Key Contracts, the Utility Agreements, the Governmental Approvals, and all agreements between the transferor and Governmental Entities with jurisdiction over the Project or the Work, except to the extent otherwise approved by the Department in writing in its good faith discretion. Except with respect to assignments and transfers in lieu of foreclosure or similar proceeding, the transferor and transferee shall give the Department written notice of the assignment not less than [30] days prior to the effective date thereof.
Notice and Assumption. Assignments and transfers permitted under Section 4.1 shall be effective only upon TxDOT's receipt of written notice of the assignment or transfer and a written recordable assumption by the transferee (except as otherwise provided in Section 21 of the Agreement) in form and substance set forth in Section 21.5 of the Agreement.
