Common use of Seller Assignment Clause in Contracts

Seller Assignment. Seller may assign, subcontract or delegate all or a portion of its rights, privileges or obligations under this Agreement to any Person, subject to the prior written approval of Buyer, such consent not to be unreasonably withheld; provided that prior notice to or consent of Buyer shall not be required: (i) for an assignment by Seller to any of Seller’s individual other Cooperative Members or individual members of the Cape Light Compact; and (ii) for a collateral assignment by Seller to any Financier, subject to the terms and conditions of Sections 6.2(b), 6.2(c) and 8.6.

Appears in 3 contracts

Samples: Lease Agreement, Metered Power Sales Agreement, Metered Power Sales Agreement

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Seller Assignment. Seller may assign, subcontract or delegate all or a portion of its rights, privileges or obligations under this the Agreement to any Person, subject to the prior written approval of Buyer, such consent not to be unreasonably withheld; provided that prior notice to or consent of Buyer shall not be required: (i) required for an assignment by Seller to any of Seller’s individual other Cooperative Members or individual members of the Cape Light Compact; and (ii) for a collateral assignment by Seller to any Financier, subject to the terms and conditions of Sections 6.2(b), 6.2(c) and 8.6.

Appears in 1 contract

Samples: Credit Purchase Agreement

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