Assignment by Principal Sample Clauses
The 'Assignment by principal' clause defines the principal's right to transfer their rights or obligations under the contract to another party. Typically, this clause outlines whether the principal can assign the contract freely or only with the agent's consent, and may specify any conditions or limitations on such assignments. Its core practical function is to clarify the circumstances under which contractual rights or duties can be transferred, thereby preventing disputes and ensuring all parties understand the process and implications of assignment.
Assignment by Principal. The principal of the school which sponsors the extra-curricular activity shall have assigned the teacher in writing to the position of responsibility prior to the beginning of the activity.
Assignment by Principal. 18 Insurances The Principal may assign, novate or otherwise transfer any of its rights or obligations under this Agreement without the consent of the Contractor to any State government department, administrative office or other entity in the event of a State government restructure or other reorganisation. The Contractor must execute such documents and do such things as the Principal may reasonably require to give effect to any such assignment, novation or transfer by the Principal.
Assignment by Principal. The Principal must not assign its rights and obligations under this Agreement without the prior approval of S&B. Such approval is not to be unreasonably withheld if the assignee enters into an agreement with S&B to observe and perform the remaining obligations of the Principal under this Agreement.