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 Agreement, the Supplier shall inform the Buyer thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has 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 Xxxxx h Companies Act no. 1089 of 14 September 2015 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 of 8 January 2018 regarding Capital Mar- kets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification 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 DALO shall be entitled to issue a 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 en- tirety with a written notice of 10 (ten) Days.

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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- curities 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 Xxxxx h Companies Danish Com panies Act, Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 and security approval, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited lim ited liability/has s e- curities 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 Xxxxx h Danish Companies Consol- idated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedslovenkapitalmarked- sloven” med ændringer) or would give rise to such a notification require- ment 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 and security approval, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liabilityliabi lity/has s e- curities 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 Xxxxx h Danish Companies Act , Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 safety, DALO shall be entitled to issue a writ- ten 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 en- tirety entirety with a written notice of 10 (ten) Days.

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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- curities 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 Xxxxx h Danish Companies Act , Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 safety, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liabilityli ability/has s e- curities 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 Xxxxx h Danish Companies Consol- idated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedslovenkapitalmarked- sloven” med ændringer) or would give rise to such a notification require- ment 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 and security approval, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- curities 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 Xxxxx h Danish Companies Act, Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 and security approval, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- curities 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 Xxxxx h Danish Companies Act , Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 and security approval, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- curities 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 Xxxxx h Danish Companies Act , Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 safety, DALO shall be entitled to issue a writ- ten 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 en- tirety 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 Agreement, the Supplier shall inform the Buyer thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- se- 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 Xxxxx h Danish Companies Act no. 1089 of 14 September 2015 with amendments 1089/2015 (in Danish: “Selskabsloven” med ændringer)/the Selskabsloven”)/the Danish Consolidated Securities Trading Act no. 12 of 8 January 2018 regarding Capital Mar- kets with amendments 1530/2015 (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringerværdipapirhandelsloven”) or would give rise to such a notification require- ment requirement if the Danish Companies Act/the Danish Securities Trading Act regarding Capital Markets did apply. If the change of ownership of the Supplier in DALOthe Buyer’s opinion might threaten the proper performance of the Agreement in regard to safety DALO and security approval, the Buy- er shall be entitled to issue a writ- ten written notice to the Supplier with a time limit of 30 (thirty) Days to remedy the issue. If DALO the Buyer has not received documentation within the time limit that appropriate remedial action has been taken, DALO the Buyer shall have the right to terminate termi- nate the Agreement in its en- tirety entirety with a written notice of 10 Days. The Buyer shall also be entitled to terminate the Agreement, if the new owner or control- ling party is a person or a company incompatible with the status as supplier of war mate- rial, cf. also the Danish War Material Act (ten) Daysin 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 AgreementCo n- tract, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has 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 Xxxxx h Danish Companies Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- 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 safety and security approval, DALO shall be entitled e n- titled to issue a writ- ten 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 en- tirety entirety with a written notice of 10 (ten) Days. DALO shall also be entitled to terminate the Contract, 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 AgreementAgree- ment, the Supplier shall inform the Buyer DALO thereof in writing. If the Supplier or the owner(s) of the Supplier is a company with limited liability/has s e- curities 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 Xxxxx h Danish Companies Act , Consolidated Act no. 1089 763 of 14 September 2015 23 July 2019 with amendments (in Danish: “Selskabsloven” med ændringer)/the Danish Consolidated Act no. 12 377 of 8 January 2018 2 April 2020 regarding Capital Mar- kets Markets with amendments (in Danish: bekendtgørelse af lov om kapitalmarkeder “kapitalmarkedsloven” med ændringer) or would give rise to such a notification require- ment 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 and security approval, DALO shall be entitled to issue a writ- ten 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 en- tirety 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.).