Assignment of Debt. 1. Party C shall not assign any rights or obligations under this Contract to any third person without prior consent in writing by Party A. 2. Party C may, upon the prior consent in writing by Party A, assign the rights and obligations under this Contract to a third person, and the third person shall unconditionally observe all terms under this Contract.
Appears in 2 contracts
Sources: Share Transfer and Debt Restructuring Agreement (Beijing Med Pharm Corp), Entrusted Loan Agreement (Beijing Med Pharm Corp)