Common use of Assignment of Subcontracts Clause in Contracts

Assignment of Subcontracts. In accordance with Section 7.7.1 of Exhibit B, Contractor shall make reasonable efforts in negotiating its subcontracts to include an assignment clause that would enable the assignment of Contractor’s subcontract(s) in the event of a properly executed termination under this Agreement. Upon said termination of this Agreement and to the extent that Contractor has the legal and contractual right under the subcontract to do so, upon Customer’s written request, Contractor shall promptly assign said subcontract.

Appears in 2 contracts

Sources: Satellite Purchase Agreement (Digitalglobe Inc), Satellite Purchase Agreement (Digitalglobe Inc)

Assignment of Subcontracts. In accordance with Section 7.7.1 of Exhibit B1, Contractor shall make reasonable efforts in negotiating its subcontracts to include an assignment clause that would enable the assignment of Contractor’s subcontract(s) in the event of a properly executed termination under this Agreement. Upon said termination of this Agreement and to the extent that Contractor has the legal and contractual right under the subcontract to do so, upon Customer’s written request, Contractor shall promptly assign said subcontract.

Appears in 2 contracts

Sources: Instrument Purchase Agreement (Digitalglobe Inc), Instrument Purchase Agreement (Digitalglobe Inc)

Assignment of Subcontracts. In accordance with Section 7.7.1 of Exhibit B1, Contractor shall make commercially reasonable efforts in negotiating its subcontracts to include an assignment clause that would enable the assignment of Contractor’s subcontract(s) in the event of a properly executed termination under this Agreement. Upon said termination of this Agreement and to the extent that Contractor has the legal and contractual right under the subcontract to do so, upon Customer’s written request, Contractor shall promptly assign said subcontract.

Appears in 2 contracts

Sources: Satellite Purchase Agreement (Digitalglobe Inc), Satellite Purchase Agreement (Digitalglobe Inc)