Common use of Transfer of MSP Operating Agree- ments Clause in Contracts

Transfer of MSP Operating Agree- ments. A contractor under an MSP Op- erating Agreement may transfer the agreement (including all rights and ob- ligations under the MSP Operating Agreement) to any person that is xxxxx- ble to enter into the MSP Operating Agreement under this chapter if the Secretary and the Secretary of Defense determine that the transfer is in the best interests of the United States. A transaction shall not be considered a transfer of an MSP Operating Agree- ment if the same legal entity with the same vessels remains the contracting party under the MSP Operating Agree- ment. [82 FR 56897, Dec. 1, 2017]

Appears in 7 contracts

Samples: MSP Operating Agreement, MSP Operating Agreement, MSP Operating Agreement

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