Common use of Transfer of rights and obligations Clause in Contracts

Transfer of rights and obligations. 25.1 Without prejudice to Clause 25.2 and 25.3, neither Party shall be entitled to assign or transfer, or purport to assign or transfer, any rights or obligations under the Agreement to a third party without the prior written consent of the other Party, which consent may not be unreasonably withheld. 25.2 Leaseweb shall be entitled to assign any of its rights or obligations under the Agreement to an Affiliate (or its or their successors, through merger or acquisition of substantially all of their or its assets), upon giving written notice to Customer. 25.3 Leaseweb shall be entitled to sub-contract any or all of its obligations under the Agreement to a third party, provided that Leaseweb shall remain liable to Customer for the performance of those obligations. 25.4 Nothing in the Agreement shall exclude or limit Leaseweb’s rights to grant or create a right of pledge or other security right - for the benefit of a bank or other financial institution or other third party – on or over any or all (cash) receivables that Customer owes or comes to owe to Leaseweb.

Appears in 5 contracts

Samples: General Conditions, General Conditions, General Conditions

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Transfer of rights and obligations. 25.1 Without prejudice to Clause 25.2 and 25.3, neither Party shall be entitled to assign or transfer, or purport to assign or transfer, any rights or obligations under the Agreement to a third party without the prior written consent of the other Party, which consent may not be unreasonably withheld. 25.2 Leaseweb LeaseWeb shall be entitled to assign any of its rights or obligations under the Agreement to an Affiliate (or its or their successors, through merger or acquisition of substantially all of their or its assets), upon giving written notice to Customer. 25.3 Leaseweb LeaseWeb shall be entitled to sub-contract any or all of its obligations under the Agreement to a third party, provided that Leaseweb LeaseWeb shall remain liable to Customer for the performance of those obligations. 25.4 Nothing in the Agreement shall exclude or limit LeasewebLeaseWeb’s rights to grant or create a right of pledge or other security right - for the benefit of a bank or other financial institution or other third party – on or over any or all (cash) receivables that Customer owes or comes to owe to LeasewebLeaseWeb.

Appears in 3 contracts

Samples: General Conditions, General Conditions, General Conditions

Transfer of rights and obligations. 25.1 Without prejudice to Clause 25.2 and 25.3, neither Party shall be entitled to assign or transfer, or purport to assign or transfer, any rights or obligations under the Agreement to a third party without the prior written consent of the other Party, which consent may not be unreasonably withheld. 25.2 Leaseweb LeaseWeb shall be entitled to assign any of its rights or obligations under the Agreement to an Affiliate (or its or their successors, through merger or acquisition of substantially all of their or its assets), upon giving written notice to Customer. 25.3 Leaseweb LeaseWeb shall be entitled to sub-contract sub‐contract any or all of its obligations under the Agreement to a third party, provided that Leaseweb LeaseWeb shall remain liable to Customer for the performance of those obligations. 25.4 Nothing in the Agreement shall exclude or limit LeasewebLeaseWeb’s rights to grant or create a right of pledge or other security right - for the benefit of a bank or other financial institution or other third party – on or over any or all (cash) receivables that Customer owes or comes to owe to LeasewebLeaseWeb.

Appears in 2 contracts

Samples: General Conditions, General Conditions

Transfer of rights and obligations. 25.1 24.1 Without prejudice to Clause 25.2 Section 24.2 and 25.324.3, neither Party shall be entitled to assign or transfer, or purport to assign or transfer, any rights or obligations under the Agreement to a third party without the prior written consent of the other Party, which consent may not be unreasonably withheld. 25.2 Leaseweb 24.2 LeaseWeb shall be entitled to assign any of its rights or obligations under the Agreement to an Affiliate (or its or their successors, through merger or acquisition of substantially all of their or its assets), upon giving written notice to Customer. 25.3 Leaseweb 24.3 LeaseWeb shall be entitled to sub-contract any or all of its obligations under the Agreement to a third party, provided that Leaseweb LeaseWeb shall remain liable to Customer for the performance of those obligations. 25.4 24.4 Nothing in the Agreement shall exclude or limit LeasewebLeaseWeb’s rights to grant or create a right of pledge or other security right - for the benefit of a bank or other financial institution or other third party – on or over any or all (cash) receivables that Customer owes or comes to owe to LeasewebLeaseWeb.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms and Conditions

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Transfer of rights and obligations. 25.1 Without prejudice to Clause 25.2 and 25.3, neither Party shall be entitled to assign or transfer, or purport to assign or transfer, any rights or obligations under the Agreement to a third party without the prior written consent of the other Party, which consent may not be unreasonably withheld. 25.2 Leaseweb shall be entitled to assign any of its rights or obligations under the Agreement to an Affiliate (or its or their successors, through merger or acquisition of substantially all of their or its assets), upon giving written notice to Customer. 25.3 Leaseweb shall be entitled to sub-contract any or all of its obligations under the Agreement to a third party, provided that Leaseweb shall remain liable to Customer for the performance of those obligations. 25.4 Nothing in the Agreement shall exclude or limit Leaseweb’s rights to grant or create a right of pledge or other security right - for the benefit of a bank or other financial institution or other third party – on or over any or all (cash) receivables that Customer owes or comes to owe to Leaseweb.Leaseweb.‌

Appears in 1 contract

Samples: General Conditions

Transfer of rights and obligations. 25.1 24.1 Without prejudice to Clause 25.2 Section 24.2 and 25.324.3, neither Party shall be entitled to assign or transfer, or purport to assign or transfer, any rights or obligations under the Agreement to a third party without the prior written consent of the other Party, which consent may not be unreasonably withheld. 25.2 24.2 Leaseweb shall be entitled to assign any of its rights or obligations under the Agreement to an Affiliate (or its or their successors, through merger or acquisition of substantially all of their or its assets), upon giving written notice to Customer. 25.3 24.3 Leaseweb shall be entitled to sub-contract any or all of its obligations under the Agreement to a third party, provided that Leaseweb shall remain liable to Customer for the performance of those obligations. 25.4 24.4 Nothing in the Agreement shall exclude or limit Leaseweb’s rights to grant or create a right of pledge or other security right - for the benefit of a bank or other financial institution or other third party – on or over any or all (cash) receivables that Customer owes or comes to owe to Leaseweb.

Appears in 1 contract

Samples: General Terms and Conditions

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