Assignment of Subcontract Rights Sample Clauses

The Assignment of Subcontract Rights clause defines the conditions under which a party to a contract may transfer its rights and obligations under a subcontract to another entity. Typically, this clause outlines whether prior written consent is required from the other contracting party before any assignment can take place, and may specify exceptions or procedures for notification. Its core practical function is to control and clarify the process of transferring contractual responsibilities, thereby protecting the interests of all parties and preventing unauthorized or undesirable assignments.
Assignment of Subcontract Rights. Each Subcontract shall provide that, pursuant to subcontract terms in form and substance satisfactory to the Authority, all guarantees and warranties, express and implied, shall inure to the benefit of the Authority as well as the Design-Builder. Any acceptance of assignment of a Subcontract from the Authority, its successor(s), or assign(s) shall not operate to make the assignee(s) responsible or liable for any breach of the Subcontract by the Design- Builder or for any amounts due and owing under the Subcontract included in an invoice paid by the Authority.
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Assignment of Subcontract Rights. ‌ Each Subcontract shall provide that, pursuant to terms in form and substance satisfactory to the District: (i) the District is a third-party beneficiary of the Subcontract and shall have the right to enforce all terms of the Subcontract for its own benefit; and (ii) all guarantees and Warranties, express and implied, shall inure to the benefit of the District as well as the DB Contractor. Any acceptance of assignment of a Subcontract from the District, its successor(s), or assign(s) shall not operate to make the assignee(s) responsible or liable for any breach of the Subcontract by the DB Contractor or for any amounts due and owing under the Subcontract included in an invoice paid by the District.
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Assignment of Subcontract Rights. Medical Group’s subcontracts shall require its Participating Providers who are independent contractors to agree to be bound, at PacifiCare’s option, to the terms and conditions of this Agreement in the event of dissolution or insolvency of Medical Group, in the event of termination of this Agreement by PacifiCare for cause pursuant to Section 6.2.2 or in the event of termination by PacifiCare pursuant to Section 6.3. Medical Group’s subcontracts shall provide that in the event PacifiCare exercises such option, Medical Group’s subcontracts shall provide that Medical Group’s subcontractors agree to accept payment from PacifiCare, as payment in full, at rates which are the lesser of the Cost of Care or the rate set forth in the applicable subcontract.
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Related to Assignment of Subcontract Rights

  • CONTINGENT ASSIGNMENT OF SUBCONTRACTS § 5.4.1 Each subcontract agreement for a portion of the Work is assigned by the Contractor to the Owner, provided that .1 assignment is effective only after termination of the Contract by the Owner for cause pursuant to Section 14.2 and only for those subcontract agreements that the Owner accepts by notifying the Subcontractor and Contractor; and

  • Assignment/Subcontracts 14.3.1 Contractor shall not assign, sell, transfer, subcontract or sublet rights, or delegate responsibilities under this Master Agreement, in whole or in part, without the prior written approval of the Lead State. 14.3.2 The Lead State reserves the right to assign any rights or duties, including written assignment of contract administration duties, to NASPO ValuePoint and other third parties.

  • Assignment of Contracts GSAM agrees to assign (or cause to be assigned) to GSRP or OpCo without recourse, representation or warranty (except as expressly set forth in this Agreement), all of GSAM’s or such Affiliate’s right, title and interest in and to, and GSRP agrees to assume, or cause OpCo to agree to assume, the obligations of GSAM or such Affiliate’s obligations under, each of the Contracts set forth on Section 6.18 of the GSRP Disclosure Letter (collectively the “Assigned Contracts”), pursuant to documentation (the “Assigned Contracts Documentation”) in form and substance consistent with this Section 6.18 and otherwise in form and substance satisfactory to the Parties. GSAM has made available, or caused to be made available, to GSRP true and correct copies of the Assigned Contacts. Except as provided below, GSAM shall remain responsible for paying and satisfying, and shall protect, defend, indemnify and hold harmless GSRP from, all Liabilities related to or arising from the Assigned Contracts, to the extent such Liabilities relate to or arise from the period prior to the Closing. GSRP shall be responsible for paying and satisfying, and shall protect, defend, indemnify and hold harmless GSAM from, all Liabilities related to or arising from the Assigned Contracts, to the extent such Liabilities relate to or arise from the period on or after the Closing. Notwithstanding the second preceding sentence, in the case of any Assigned Contract that prior to the Closing was for the benefit of the GSRP Entities, from and after the Closing GSRP shall protect, defend, indemnify and hold harmless GSAM from, all Liabilities, related to or arising from such Assigned Contract, to the extent GSRP is required to do so under the Management Agreement. Without limiting the foregoing, OpCo shall remain responsible for, and shall pay and discharge when due all Liabilities that constitute Company Expenses (as defined in the OpCo LLC Agreement) that were incurred prior to the Closing.

  • ASSIGNMENT/SUBCONTRACT Contractor will not assign, sell, transfer, subcontract or sublet rights, or delegate responsibilities under this contract, in whole or in part, without the prior written approval of SUU.

  • Contract Rights The rights granted pursuant to this Article V shall be deemed to be contract rights, and no amendment, modification or repeal of this Article V shall have the effect of limiting or denying any such rights with respect to actions taken or Proceedings arising prior to any such amendment, modification or repeal.