Common use of Assignment by ▇▇▇▇ Clause in Contracts

Assignment by ▇▇▇▇. AESO may assign its rights and benefits without consent of Generator, provided the assignee agrees to be bound by the agreement and not to make any material amendments to same or to terminate same without prior consent of Generator and provided further the AESO remains liable for any payment defaults and obligations of the assignee arising from the replacement party’s event of default.

Appears in 3 contracts

Sources: Renewable Electricity Support Agreement, Renewable Electricity Support Agreement, Renewable Electricity Support Agreement (Resa)

Assignment by ▇▇▇▇. AESO may assign its rights and benefits without consent of Generator, provided the assignee agrees to be bound by the agreement and not to make any material amendments to same or to terminate same without prior consent of Generator and provided further the AESO remains liable for any payment defaults and obligations of the assignee arising from the replacement party’s event of default.. 29

Appears in 1 contract

Sources: Renewable Electricity Support Agreement