Common use of ASSIGNMENT BY PUBLIC OWNER Clause in Contracts

ASSIGNMENT BY PUBLIC OWNER. The Public Owner shall not assign, encumber, convey or otherwise dispose of all or any part of its rights, title and interest in and to the Public Lateral Pipeline, the Facility Component Sites, the Public Easements, and/or this Use Agreement, except to the Lessee in accordance with the provisions of this Use Agreement, without the prior written consent of the Lessee; provided, however, that, in any event, any assignment (whether by operation of law or otherwise as provided herein) shall be, and is hereby, made subject to the rights of the Lessee (and its successors and assigns) under this Use Agreement and the applicable terms and provisions of the Inducement Agreement. Provided, however, that the County may assign its interest in the Public Lateral Pipeline, Facility Components Sites, Public Easements, and this Use Agreement to the I▇▇, but such an assignment by the County to the I▇▇ shall not release the County from any or all of its rights, duties, and responsibilities under this Use Agreement with respect to the Public Lateral Pipeline and the Facility Components Sites. The various Public Facility Components may be owned directly by the Public Owner or owned by another public entity formed thereby for such purposes but shall, in any event, be subject to the terms and provisions of this Use Agreement.

Appears in 1 contract

Sources: Infrastructure Use Agreement (LSP Batesville Funding Corp)

ASSIGNMENT BY PUBLIC OWNER. The Public Owner shall not assign, encumber, convey or otherwise dispose of all or any part of its rights, title and interest in and to the Public Lateral PipelineFacility Components, the Facility Component Sites, the Public Easements, and/or this Use Agreement, except to the Lessee in accordance with the provisions of this Use Agreement, without the prior written consent of the Lessee; provided, however, that, in any event, any assignment (whether by operation of law or otherwise as provided herein) shall be, and is hereby, made subject to the rights of the Lessee (and its successors and assigns) under this Use Agreement and the applicable terms and provisions of the Inducement Agreement. Provided, however, that the County may assign its interest in the Public Lateral PipelineFacility Components, Facility Components Sites, Public Easements, and this Use Agreement to the I▇▇, but such an assignment by the County to the I▇▇ shall not release the County from any or all of its rights, duties, and responsibilities under this Use Agreement with respect to the Public Lateral Pipeline Facility Components and the Facility Components Sites. The various Public Facility Components may be owned directly by the Public Owner or owned by another public entity formed thereby for such purposes but shall, in any event, be subject to the terms and provisions of this Use Agreement.

Appears in 1 contract

Sources: Infrastructure Use Agreement (LSP Batesville Funding Corp)