Common use of Prohibited Transfers and Assignments Clause in Contracts

Prohibited Transfers and Assignments. Neither PacifiCorp nor Idaho Power shall have the right to transfer, assign or otherwise dispose of, in whole or in part, its interest in this Agreement, including its rights, duties and obligations hereunder, nor to transfer, assign or otherwise dispose of, in whole or in part, its Ownership Interest (or Capacity Share) in the Transmission Facilities, except as permitted under this Article XIX.

Appears in 2 contracts

Samples: Joint Purchase and Sale Agreement (Idacorp Inc), Joint Ownership and Operating Agreement (Idacorp Inc)

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Prohibited Transfers and Assignments. Neither PacifiCorp nor Idaho Power nor PacifiCorp shall have the right to transfer, assign or otherwise dispose of, in whole or in part, its interest in this Agreement, including its rights, duties and obligations hereunder, nor to transfer, assign or otherwise dispose of, in whole or in part, its Ownership Interest (or Capacity Share) in the Transmission Facilities, except as permitted under this Article XIX.

Appears in 2 contracts

Samples: Joint Ownership and Operating Agreement (Idacorp Inc), Joint Purchase and Sale Agreement (Idacorp Inc)

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