Common use of Restrictions on assignment and charges Clause in Contracts

Restrictions on assignment and charges. 19.1.1 Subject to Article 18.2, this Agreement shall not be assigned by the Operator to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonability. 19.1.2 Subject to the provisions of Article18.2, the Operator shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Agreements related to the Project to which the Operator is a party except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonability.

Appears in 3 contracts

Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement, Operation and Maintenance Agreement

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Restrictions on assignment and charges. 19.1.1 24.1.1. Subject to Article 18.2the provisions of Articles 24.2, 24.3 and 24.5, this Agreement shall not be assigned by the Operator Service Provider to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason. 19.1.2 24.1.2. Subject to the provisions of Article18.2Article 24.2, the Operator Service Provider shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Agreements related to the Project Agreement to which the Operator Service Provider is a party party, except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

Restrictions on assignment and charges. 19.1.1 i. Subject to Article 18.217.2, this Agreement shall not be assigned by the Operator Concessionaire to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason. 19.1.2 ii. Subject to the provisions of Article18.2Article 17.2, the Operator Concessionaire shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Agreements related to the Project Agreement to which the Operator Concessionaire is a party party, except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason.

Appears in 1 contract

Samples: Concession Agreement

Restrictions on assignment and charges. 19.1.1 22.1.1. Subject to Article 18.2Clauses 22.2 and 22.3, this Agreement shall not be assigned by the Operator Lessee to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason. 19.1.2 22.1.2. Subject to the provisions of Article18.2Clause 22.2, the Operator Lessee shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Agreements related to the Project Agreement to which the Operator Lessee is a party except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason.

Appears in 1 contract

Samples: Lease Agreement

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Restrictions on assignment and charges. 19.1.1 i. Subject to Article 18.219.2, this Agreement shall not be assigned by the Operator Concessionaire to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason. 19.1.2 ii. Subject to the provisions of Article18.2Article 19.2, the Operator Concessionaire shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Agreements related to the Project Agreement to which the Operator Concessionaire is a party party, except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason and the denial shall not be subject to test of reasonabilityreason.

Appears in 1 contract

Samples: Concession Agreement

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