Common use of The Supplier Clause in Contracts

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safety, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate remedial action has been taken, DALO shall have the right to terminate the Agreement in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement Contract to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- mentCo n- tract, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities s e- curities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement requir e- ment if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement Contract in regard to safetysafety and security approval, DALO shall be entitled e n- titled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy rem- edy the issue. If DALO has not received documentation within the time limit that appropriate appr o- priate remedial action has been taken, DALO shall have the right to terminate the Agreement Co n- tract in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the AgreementContract, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liabilityli ability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Consol- idated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedslovenkapitalmarked- sloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safetysafety and security approval, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate ap- propriate remedial action has been taken, DALO shall have the right to terminate the Agreement Agree- ment in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited lim ited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Consol- idated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedslovenkapitalmarked- sloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safetysafety and security approval, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate ap- propriate remedial action has been taken, DALO shall have the right to terminate the Agreement Agree- ment in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October october 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act Act, Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safetysafety and security approval, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate ap- propriate remedial action has been taken, DALO shall have the right to terminate the Agreement Agree- ment in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safetysafety and security approval, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate ap- propriate remedial action has been taken, DALO shall have the right to terminate the Agreement Agree- ment in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- mentAgreement, the Supplier shall inform DALO the Buyer thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities s e- curities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Xxxxx h Companies Act , Consolidated Act no. 763 1089 of 23 July 2019 14 September 2015 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 12 of 2 April 2020 8 January 2018 regarding Capital Markets Mar- kets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement require- ment if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safety, safety DALO shall be entitled to issue a written writ- ten notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate remedial action has been taken, DALO shall have the right to terminate the Agreement in its entirety en- tirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liabilityliabi lity/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safety, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate remedial action has been taken, DALO shall have the right to terminate the Agreement in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act Com panies Act, Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safetysafety and security approval, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate ap- propriate remedial action has been taken, DALO shall have the right to terminate the Agreement Agree- ment in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safetysafety and security approval, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate ap- propriate remedial action has been taken, DALO shall have the right to terminate the Agreement Agree- ment in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war materialmaterial , cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).

The Supplier. The Supplier shall not transfer any obligations or rights arising out of the Agreement Agre ement to any other party without the prior written approval of DALO. If the ownership of the Supplier changes, in whole or in part, during the term of the Agree- ment, the Supplier shall inform DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has secu- rities admitted to trading on a regulated market, this provision shall only apply if the change of ownership gives rise to a notification requirement under the Danish Companies Act , Consolidated Act no. 763 of 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 377 of 2 April 2020 regarding Capital Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification requirement if the Danish Companies Act/the Danish Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALO’s opinion might threaten the proper performance of the Agreement in regard to safety, DALO shall be entitled to issue a written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO has not received documentation within the time limit that appropriate remedial action has been taken, DALO shall have the right to terminate the Agreement in its entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Agreement, if the new owner or controlling party is a person or a company incompatible with the status as supplier of war material, cf. also the Danish War Material Act, Consolidated Act no. 1004 of 22 October 2012 (in Danish: Lov om krigsmateriel mv.).