Common use of Assignment by Provider Clause in Contracts

Assignment by Provider. (a) The Provider may only assign and/or transfer all or part of its rights and/or L A obligations under this Agreement and any other Contract Document in accordance with this clause 28.2. T E (b) The Provider may at any time request, in writing, for HUD to consent to it transferring or assigning all or part of its right, title and interest in and under any Contract Document to another housing provider. (c) The Provider is to provide any information that HUD requests in relation to the proposed transfer or assignment including information regarding the proposed transferee or assignee. (d) HUD may, in its absolute discretion, after receiving the information regarding the proposed transfer or assignment, decide whether to agree (with or without conditions) to the proposed transfer or assignment. (e) If ▇▇▇ agrees to the proposed transfer or assignment, then: (i) the Provider is to ensure that any conditions imposed by HUD are complied with to HUD’s satisfaction; (ii) the Provider is to procure the transferee or assignee to enter into an agreement with HUD in the form of the relevant Contract Documents; and (iii) the Provider and the transferee or assignee must obtain all approvals in relation to the proposed transfer or assignment and execute all documents relating to the transfer or assignment. (f) ▇▇▇ agrees: (i) not to unreasonably withhold consent to any transfer; and (ii) to promptly do all things necessary to enable the transfer to occur.

Assignment by Provider. (a) The Provider may only assign and/or transfer all or part of its rights and/or L A obligations under this Agreement and any other Contract Document in accordance with this clause 28.2. T E. (b) The Provider may at any time request, in writing, for HUD to consent to it transferring or assigning all or part of its right, title and interest in and under any Contract Document to another housing provider. (c) The Provider is to provide any information that HUD requests in relation to the proposed transfer or assignment including information regarding the proposed transferee or assignee. (d) HUD may, in its absolute discretion, after receiving the information regarding the proposed transfer or assignment, decide whether to agree (with or without conditions) to the proposed transfer or assignment. (e) If ▇▇▇ agrees to the proposed transfer or assignment, then: (i) the Provider is to ensure that any conditions imposed by HUD are complied with to HUD’s satisfaction; (ii) the Provider is to procure the transferee or assignee to enter into an agreement with HUD in the form of the relevant Contract Documents; and (iii) the Provider and the transferee or assignee must obtain all approvals in relation to the proposed transfer or assignment and execute all documents relating to the transfer or assignment. (f) ▇▇▇ agrees: (i) not to unreasonably withhold consent to any transfer; and (ii) to promptly do all things necessary to enable the transfer to occur.