Common use of Transfer of the Agreement Clause in Contracts

Transfer of the Agreement. The Agreement is binding on the contracting parties and their legal successors. The Customer is not entitled to assign its contractual rights and obligations to a third party without the Bank's consent. The Bank is, however, entitled to transfer all or part of its rights and obligations under these Terms and conditions to a company belonging to the Nordea Group without the Customer’s consent. 1. Governing law and conflicts

Transfer of the Agreement. The Agreement is binding on the contracting parties and their legal successors. The Customer is not entitled to assign its contractual rights and obligations to a third party without the Bank's consent. The Bank is, however, entitled to transfer all or part of its rights and obligations under these Terms and conditions Conditions to a company belonging to the Nordea Group without the Customer’s consent. 1. Governing law and conflicts