Common use of Assignment of Funds Clause in Contracts

Assignment of Funds. The Subcontractor shall not assign, or attempt to assign, in any manner, at any time, funds accrued or to accrue under the Master Subcontract Agreement and/or related Addenda, without written consent of the Contractor. And, no such assignment shall be binding on the Contractor unless and until accepted in writing by the Contractor.

Appears in 2 contracts

Sources: Master Subcontract Agreement, Master Subcontract Agreement