Assignment and Transfer of this Agreement Clause Samples

Assignment and Transfer of this Agreement. Seller may assign its rights or obligations under this Agreement to a third party without your consent, provided that any assignment of Seller’s obligations under this Agreement shall be to a party qualified to perform such obligation. This Agreement protects only the party that hosts the System. Purchaser’s rights and obligations under this Agreement will be automatically transferred to any party to whom Purchaser properly transfers the PPA.
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Assignment and Transfer of this Agreement. Seller may assign its rights or obligations under this Purchaser Credit Agreement to a third party without your consent, provided that any assignment of Seller’s obligations under this Agreement shall be to a party qualified to perform such obligation. If Seller assigns this Agreement and does not assign the PPA to the same assignee, then Seller is deemed to have elected to settle a cumulative Purchaser Credit, if any, by providing a payment of same amount. If Seller assigns this Agreement and the PPA to the same assignee, then Seller may settle a cumulative Purchase Credit, if any, by providing a payment of same amount or by providing electricity from the system at no charge. Purchaser’s rights and obligations under this Agreement will be automatically transferred to any party to whom Purchaser assigns the PPA in accordance with the PPA.
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Assignment and Transfer of this Agreement. 9.1 The Option Holder may transfer its rights and obligations under this Agreement by way of assumption of contract (VERTRAGSUBERNAHME) to any affiliate of the Option Holder or to any Second Secured Lender or (with the consent of the Second Secured Lenders) to any third party. PAG, PMG and each Option Grantor irrevocably grants its respective approval for any such transfer, regardless to whom the rights and obligations under this Agreement are transferred. For the avoidance of doubts, the rights and obligations under the Option Agreement may only be transferred together and the Transferee should be deemed for the purposes of this Agreement successor to all rights and duties of the Option Holder. However, if any, the right to consent to share transfers pursuant to the Articles of Association of PMG amended pursuant to Clause 6.1.5 shall rest with ▇.▇. ▇▇▇▇▇▇ Europe Limited, that shall act on the instruction of the new Option Holder. If ▇.▇. ▇▇▇▇▇▇ ceases to exist and its rights under the Articles of Association are not assumed automatically by its legal successor, PAG agrees to amend the Articles of Association of PMG to state the person to whom this right of ▇.▇. ▇▇▇▇▇▇ will have been transferred.
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Assignment and Transfer of this Agreement. 9.1 The Option Holder may transfer its rights and obligations under this Agreement by way of assumption of contract (VERTRAGSUBERNAHME) to any affiliate of the Option Holder or to any Second Secured Lender or (with the consent of the Second Secured Lenders) to any third party. PAG, PMG and each Option Grantor irrevocably grants its respective approval for any such transfer, regardless to whom the rights and obligations under this Agreement are transferred. For the avoidance of doubts, the rights and obligations under the Option Agreement may only be transferred together and the Transferee should be deemed for the purposes of this Agreement successor to all rights and duties of the Option Holder. However, if any, the right to consent to share transfers pursuant to the Articles of Association of PMG amended pursuant to Clause 6.1.5 shall rest with ▇.▇. ▇▇▇▇▇▇ Europe Limited, that shall act on the instruction of the new Option Holder. If ▇.▇. ▇▇▇▇▇▇ ceases to exist and its rights under the Articles of Association are not assumed automatically by its legal successor, PAG agrees to amend the Articles of Association of PMG to state the person to whom this right of ▇.▇. ▇▇▇▇▇▇ will have been transferred. 9.2 The Option Holder shall notify each Second Secured Lender, each Option Grantor and PMG of any such transfer pursuant to Clause 9.1 within 10 Business Days after such transfer becoming effective. 9.3 PAG and PMG shall not be entitled to assign all or any parts of their rights and obligations under this Agreement. 9.4 Each Second Secured Lender (each a "TRANSFEROR") may transfer its rights and obligations hereunder by way of assumption of contract (Vertragsubernahme) in whole or in part to a third party (the "TRANSFEREE"). PAG, PMG and each Option Grantor irrevocably grant their respective approval for any such transfer, regardless of to whom the rights and obligations under this Agreement will be transferred. For the avoidance of doubt, the rights and obligations under this Agreement may only be transferred together. The Transferor shall notify the Option Holder of such transfer within 10 Business Days after such transfer became effective. Any such transfer will be effected by way of a duly executed transfer certificate (the "TRANSFER CERTIFICATE") attached hereto as Schedule 4. Each such transfer will identify (for the purpose of Clause 8.7) the amount of the Transferor's participation in the Share Option which is being transferred to the Transferee. A Second...
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Assignment and Transfer of this Agreement. Contractor may not assign its rights or obligations under this Agreement to a third party without the consent of the District, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, without the need for consent, Contractor may upon written notice transfer or assign this Agreement to any person or entity succeeding to all or substantially all of Contractor’s assets or to a successor entity in a merger or acquisition transaction, provided, however, that any such assignee shall agree to be bound by the terms and conditions hereof. This Agreement protects only the party that hosts the System. District’s rights and obligations
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Related to Assignment and Transfer of this Agreement

  • Assignment of this Agreement (a) We may assign, transfer, sub-contract or sell our rights, benefits or obligations under this Agreement at any time to any of our Affiliates or to an unaffiliated third party and you consent to this without us having to notify you. (b) If we do so, or intend to do so, we may give information about you and the Account, including confidential information about you, the Account or this Agreement, to the relevant third party or Affiliate. (c) You may not assign, charge or otherwise transfer or purport to assign, charge or otherwise transfer your rights or obligations under this Agreement or any interest in this Agreement, without our prior written consent, and any purported assignment, charge or transfer in violation of this clause shall be void.

  • ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment or in the event that the Investment Management Agreement between the Manager and the Fund shall have terminated for any reason; and this Agreement shall not be amended unless such amendment is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Fund, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Fund who are not interested persons of the Fund or of the Manager or the Portfolio Manager.

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.

  • Amendments of this Agreement This Agreement may be amended by the parties only if such amendment is specifically approved by (i) the Directors/Trustees of a Fund, or by the vote of a majority of outstanding voting securities of a Fund, and (ii) a majority of those Directors/Trustees of a Fund who are not parties to this Agreement or interested persons of any such party and who have no direct or indirect financial interest in this Agreement or in any Agreement related to the Fund's Rule 12b-1 Plan, cast in person at a meeting called for the purpose of voting on such approval.

  • Reassignment and Transfer Terms The Investor Certificates shall be subject to retransfer to the Seller at its option, in accordance with the terms specified in subsection 12.02(a), on any Distribution Date on or after the Distribution Date on which the Investor Interest is reduced to an amount less than or equal to 5% of the Initial Investor Interest. The deposit required in connection with any such repurchase shall include the amount, if any, on deposit in the Principal Funding Account and will be equal to the sum of (a) the Investor Interest and (b) accrued and unpaid interest on the Investor Certificates through the day preceding the Distribution Date on which the repurchase occurs.