Re quest for Assignme nt Clause Samples

Re quest for Assignme nt. Company acknowledges that this Agreement involves rendering a vital service to County's residents and businesses, and that County has selected Company to perform the services specified herein based on (1) Company's experience, skill, and reputation (and that of ▇▇▇▇▇ ▇▇▇▇▇ as the responsible managing officer of the Company) for conducting its Solid Waste management operations in a safe, effective, and responsible fashion, at all times in keeping with applicable waste management laws, regulations and good waste management practices, and (2) Company's financial resources to maintain the required equipment and to support its indemnity obligations to County under this Agreement. County has relied on each of these factors, among others, in choosing Company to perform the services to be rendered by Company under this Agreement. If Company requests County's consideration of, and consent to, an assignment, County may deny or approve such request in its complete discretion. Approval by County, however, of such requested assignment, shall not be unreasonably withheld. Under no circumstances shall County be obliged to consider any proposed assignment by Company if Company is in default at any time during the period of consideration. Acquisition costs incurred by assignee in purchasing Company, or otherwise securing assignment of the Agreement, shall be excluded from allowable costs in the rate base. It shall be the responsibility of Company, in requesting an assignment, to comply with the following requirements: a) Company shall undertake to pay County its reasonable expenses for attorney's fees and investigation costs necessary to investigate the suitability of any proposed assignee, and to review and finalize any documentation required as a condition for approving any such assignment; b) Company shall furnish County with audited financial statements of the proposed assignee's operations for the immediately preceding three (3) operating years; c) Company shall furnish County with satisfactory proof: (i) that the proposed assignee has at least ten (10) years of Solid Waste management experience on a scale equal or to exceeding the scale of operations conducted by Company under this agreement; (ii) that in the last five (5) years, the proposed assignee has not suffered any significant citations or other censure from any federal, state, or local agency having jurisdiction over its waste management operations due to any significant failure to comply with state, federal,...