Common use of Assignment – Tax Requirements Clause in Contracts

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (i) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignment; (ii) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iii) the Person agrees, in writing, to comply with the provisions of this Section 5.7.

Appears in 2 contracts

Sources: Joint Operations Agreement, Joint Operations Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignmentassignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7.Article 4. ARTICLE 5

Appears in 2 contracts

Sources: Transmission Service Agreement, Transmission Service Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignmentassignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7.Article 11. ARTICLE 12

Appears in 1 contract

Sources: New Brunswick Transmission Utilization Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignmentassignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7Article 4.

Appears in 1 contract

Sources: Transmission Service Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (i) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignment; (ii) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iii) the Person agrees, in writing, to comply with the provisions of this Section 5.78.8.

Appears in 1 contract

Sources: Joint Development Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignmentassignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7.Article 5. ARTICLE 6

Appears in 1 contract

Sources: Nova Scotia Transmission Utilization Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignmentassignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7Article 14.

Appears in 1 contract

Sources: Interconnection Operators Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignmentassignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7.Article 7. ARTICLE 8

Appears in 1 contract

Sources: Mepco Transmission Rights Agreement

Assignment – Tax Requirements. Notwithstanding any other provision in this Agreement, except as otherwise agreed to by the Parties in writing, a Party shall not assign any of its interest in this Agreement to another Person unless: (ia) the Person is registered for HST purposes and provides the other Party with its HST registration number in writing prior to such Assignment; (iib) if the Person has a tax residency status that is different than the tax residency status of the Party, the Party has obtained the prior written approval of the other Party of the proposed assignment to the Person; and (iiic) the Person agrees, in writing, to comply with the provisions of this Section 5.7.Article 3. ARTICLE ▇

Appears in 1 contract

Sources: Energy and Capacity Agreement