Common use of Obligations of Assignee/Transferee Clause in Contracts

Obligations of Assignee/Transferee. Notwithstanding any provision in this Agreement to the contrary, the Parties may assign this Agreement to any parent, subsidiary, Affiliate, or any Person, firm, or corporation that will control, be under the control of, or be under common control with the assigning Party, or to any entity into which the assigning Party may be merged or consolidated or which purchases all or substantially all of the assets of the assigning Party that are subject to this Agreement. No assignment or transfer under this Article 15.2 will be allowed, however, until the assignee or transferee becomes a signatory to this Agreement and assumes all obligations of the assigning Party arising under this Agreement. The assigning Party will furnish the non-assigning Party with prior written notice of the transfer or assignment, together with the name and address of the transferee or assignee. Notwithstanding any assignment or transfer, the assigning Party will remain fully liable under this Agreement for claims that arose during the time period the assigning Party operated pursuant to the Agreement, and the assigning Party will not be released from those claims.

Appears in 3 contracts

Samples: Master Excess Fiber Lease Agreement, Master Excess Fiber Lease Agreement, Master Dark Fiber Agreement

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Obligations of Assignee/Transferee. Notwithstanding any provision in this Agreement to the contrary, the Parties may assign this Agreement to any parent, subsidiary, Affiliate, or any Personperson, firm, or corporation that will control, be under the control of, or be under common control with the assigning Party, or to any entity into which the assigning Party may be merged or consolidated or which purchases all or substantially all of the assets of the assigning Party that are subject to this Agreement. No assignment or transfer under this Article 15.2 14 will be allowed, however, until the assignee or transferee becomes a signatory to this Agreement and assumes all obligations of the assigning Party arising under this Agreement. The assigning Party will furnish the non-assigning Party with prior written notice of the transfer or assignment, together with the name and address of the transferee or assignee. Notwithstanding any assignment or transfer, the assigning Party will remain fully liable under this Agreement for claims that arose during the time period the assigning Party operated pursuant to the Agreement, and the assigning Party will not be released from those claims.

Appears in 1 contract

Samples: Master Transmission Pole Attachment License Agreement

Obligations of Assignee/Transferee. Notwithstanding any provision in this Agreement to the contrary, the Parties may assign this Agreement to any parent, subsidiary, Affiliate, or any Personperson, firm, or corporation that will control, be under the control of, or be under common control with the assigning Party, or to any entity into which the assigning Party may be merged or consolidated or which purchases all or substantially all of the assets of the assigning Party that are subject to this Agreement. No assignment or transfer under this Article 15.2 Section 11 will be allowed, however, until the assignee or transferee becomes a signatory to this Agreement and assumes all obligations of the assigning Party arising under this Agreement. The assigning Party will furnish the non-assigning Party with prior written notice of the transfer or assignment, together with the name and address of the transferee or assignee. Notwithstanding any assignment or transfer, the assigning Party will remain fully liable under this Agreement for claims that arose during the time period the assigning Party operated pursuant to the Agreement, and the assigning Party will not be released from those claims.

Appears in 1 contract

Samples: Master Transmission Pole Attachment License Agreement

Obligations of Assignee/Transferee. Notwithstanding any provision in this Agreement to the contrary, the Parties may assign this Agreement to any parent, subsidiary, Affiliate, or any Personperson, firm, or corporation that will control, be under the control of, or be under common control with the assigning Party, or to any entity into which the assigning Party may be merged or consolidated or which purchases all or substantially all of the assets of the assigning Party that are subject to this Agreement. No assignment or transfer under this Article 15.2 Section 11 will be allowed, however, until the assignee or transferee becomes a signatory to this Agreement and assumes all obligations of the assigning Party arising under this Agreement. The assigning Party will furnish the non-non- assigning Party with prior written notice of the transfer or assignment, together with the name and address of the transferee or assignee. Notwithstanding any assignment or transfer, the assigning Party will remain fully liable under this Agreement for claims that arose during the time period the assigning Party operated pursuant to the Agreement, and the assigning Party will not be released from those claims.

Appears in 1 contract

Samples: Master Transmission Pole Attachment License Agreement

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Obligations of Assignee/Transferee. Notwithstanding any provision in this Agreement to the contrary, the Parties may assign this Agreement to any parent, subsidiary, Affiliate, or any Personperson, firm, or corporation that will control, be under the control of, or be under common control with the assigning Party, or to any entity into which the assigning Party may be merged or consolidated or which purchases all or substantially all of the assets of the assigning Party that are subject to this Agreement. No assignment or transfer under this Article 15.2 14 will be allowed, however, until the assignee or transferee becomes a signatory to signatoryto this Agreement and assumes all obligations of the assigning Party arising under this Agreement. The assigning Party will furnish the non-assigning Party with prior written notice of the transfer or assignment, together with the name and address of the transferee or assignee. Notwithstanding any assignment or transfer, the assigning Party will remain fully liable under this Agreement for claims that arose during the aroseduringthe time period the assigning Party operated pursuant to the Agreement, and the assigning Party will not be released from those claims.

Appears in 1 contract

Samples: Master Transmission Pole Attachment License Agreement

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