Unconditional Assignment by Receiver. 17 Receiver may freely assign its rights and responsibilities under this Agreement provided all of the 18 following conditions are met:
Unconditional Assignment by Receiver. 17 Receiver may freely assign its rights and responsibilities under this Agreement provided all of the 18 following conditions are met:
19 A. The entire Agreement is assigned by Receiver to the assignee (i.e. partial assignment is prohibited);
20 B. The assignee has a credit rating, as determined by Standard and Poor’s or Xxxxx’x, equal to or 21 higher than Receiver’s credit rating at the time of the assignment
22 C. The assignee’s, or their affiliate entities’, primary business is not the business of designing or 23 manufacturing of wind turbines
24 D. The assignee is reasonably expected to be able to fulfill the obligations of the Receiver contained in 25 this Agreement
26 E. Receiver’s interest in the Project Area, if any, is transferred to the assignee in a concurrent 27 transaction
28 F. Receiver provides Provider with 30 days advance written notice prior to the assignment and the 29 aforementioned notice contains sufficient detail to document that the conditions of this Section 30 have been met; and
31 G. The assignment is made as an incidental part of a larger assignment for a legitimate business 32 purpose including but not limited to the sale of the Industrial Facility, sale of the Receiver’s assets, 33 or sale of a division of the Receiver’s Company.
Unconditional Assignment by Receiver. Receiver may freely assign its rights and responsibilities under this Agreement provided all of the following conditions are met:
