Common use of Prohibition Against Assignment or Delegation Clause in Contracts

Prohibition Against Assignment or Delegation. The Underwriters may not, unless they have first obtained written permission of the Harbor Department: 1. Assign or otherwise alienate any of its rights under the Purchase Agreement, including the right to payment; or 2. Delegate, subcontract or otherwise transfer any of its obligations or duties under the Purchase Agreement.

Prohibition Against Assignment or Delegation. The Underwriters may not, unless they have first obtained written permission of the Harbor Department: 1. Assign or otherwise alienate any of its rights under the this Bond Purchase Agreement, including the right to payment; or 2. Delegate, subcontract or otherwise transfer any of its obligations or duties under the this Bond Purchase Agreement.