Prohibition Against Subcontracting or Assignment. The experience, knowledge, capability, and reputation of Consultant, its principals, and its employees were a substantial inducement for City to enter into this Agreement. Except as set forth in this Agreement, Consultant shall not contract with any other entity to perform in whole or in part the Services required hereunder without the express written approval of City. In addition, neither this Agreement nor any interest herein may be transferred, assigned, conveyed, hypothecated, or encumbered, voluntarily or by operation of law, without the prior written approval of City. Transfers restricted hereunder shall include the transfer to any person or group of persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of Consultant, taking all transfers into account on a cumulative basis. Any attempted or purported assignment or contracting by Consultant without City’s express written approval shall be null, void, and of no effect. No approved transfer shall release Consultant of any liability hereunder without the express consent of City.
Appears in 3 contracts
Samples: Professional Services, Professional Services Agreement, Professional Services
Prohibition Against Subcontracting or Assignment. The experience, knowledge, capability, and reputation of ConsultantContractor, its principals, and its employees were a substantial inducement for City to enter into this Agreement. Except as set forth in this Agreement, Consultant Contractor shall not contract subcontract with any other entity to perform in whole or in part the Services required hereunder without the express written approval of City. In addition, neither this Agreement nor any interest herein may be transferred, assigned, conveyed, hypothecated, or encumbered, voluntarily or by operation of law, without the prior written approval of City. Transfers restricted hereunder shall include the transfer to any person or group of persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of ConsultantContractor, taking all transfers into account on a cumulative basis. Any attempted or purported assignment or contracting subcontracting by Consultant Contractor without City’s express written approval shall be null, void, and of no effect. No approved transfer shall release Consultant Contractor of any liability hereunder without the express consent of City.
Appears in 2 contracts
Samples: Contract Services Agreement, Contract Services Agreement