Assignment by the Development Entity Sample Clauses

The "Assignment by the Development Entity" clause defines the conditions under which the development entity may transfer its rights and obligations under the agreement to another party. Typically, this clause outlines whether the development entity needs the other party's consent to assign the contract, and may specify exceptions such as assignments to affiliates or in connection with a merger or sale of the business. Its core practical function is to provide clarity and control over who may assume the development entity's contractual responsibilities, thereby protecting the interests of all parties involved and preventing unwanted or unapproved transfers.
Assignment by the Development Entity. The Development Entity shall not assign or transfer any of its rights or obligations under this PPA without the written consent of the Department.
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Related to Assignment by the Development Entity

  • Assignment by the Company The rights, interests or obligations of the Company hereunder may not be assigned, by operation of law or otherwise, in whole or in part, by the Company without the prior written consent of the Investor.

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

  • Assignment by the Seller The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

  • Assignment by Owner 51 Section 12.11

  • Assignment by the Seller or the Servicer Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.04 and 7.03 of this Agreement and as provided in the provisions of this Agreement concerning the resignation or termination of the Servicer, this Agreement may not be assigned by the Seller or the Servicer.