Assignment to a Non-Affiliate Sample Clauses

Assignment to a Non-Affiliate during Development or Production Period in case Licensee assigns in whole or in part it’s rights, privileges, duties and obliga- tions to any assignee other than an Affiliate Company of the same Licensee or member, Licensee shall pay to the Director General the sum equivalent to thirty percent (30%), valued in US Dollars, of the value of each Assignment Deal as fol- lows: The financial value to be paid by the Assignee to the Assignor; or The fi- nancial value of shares or stocks to be exchanged between the Assignor and the Assignee; or The financial commitments for technical programs; or the financial value of the reserves, to be swapped between the assignor and the assignee from the Development areas; or any other type of deal to be declared – Or an assign- ment Fee of ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars (US$1,500,000.00), whichever is greater. Upon written notice to the Director General, assignee, whether Affiliate or Non-Affiliate, with participating interest in the Contract shall freely increase or decrease such interest without payment of fur- ther Assignment fees as stipulated in Article 26.5.
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Assignment to a Non-Affiliate during Exploration Period in case Licensee as- signs in whole or in part it’s rights, privileges, duties and obligations to any as- signee other than an Affiliate Company of the same Licensee or member, Licensee shall pay to the Director General the sum equivalent to ten percent (10%), valued in US Dollars, of the total financial commitment of the Exploration phase during which the assignment is made and according to the assigned percentage or an As- signment Fee of One Million United States Dollars (US$1,000,000.00) whichever is greater.
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Assignment to a Non-Affiliate. 26.6.2.1 During the Exploration Period in case the Licensee assigns in whole or in part its rights, privileges, duties and obligations to any assignee other than an Affiliate Company of the same Licensee or member, the Licensee shall pay to the State the sum equivalent to thirty percent (30%), valued in US Dollars, of the total financial commitment of the Exploration phase during which the assignment is made and according to the assigned percentage or an Assignment Fee of One Million United States Dollars (US$1,000,000.00) whichever is greater. 26.6.2.2 During the Development Period in case the Licensee assigns in whole or in part its rights, privileges, duties and obligations to any assignee other than an Affiliate Company of the same Licensee or member, the Licensee shall pay to the State the sum equivalent to thirty percent (30%), valued in US Dollars, of the value of each Assignment Deal as follows: The financial value to be paid by the Assignee to the Assignor, or The financial value of shares or stocks to be exchanged between the Assignor and the Assignee; or The financial commitments for technical programs; or the financial value of the reserves, to be swapped between the assignor and the assignee from the Development areas; or any other type of deal to be declared – Or an assignment Fee of Two Million United States Dollars (US$2,000,000.00), whichever is greater. Upon written notice to the Director General, the assignee, whether Affiliate or Non-Affiliate, with participating interest in the Contract, shall freely increase or decrease such interest without payment of further Assignment fees as stipulated in Article 26.6.
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Related to Assignment to a Non-Affiliate

  • ASSIGNMENT TO AN AFFILIATE This Agreement may be assigned by the Advisor to an Affiliate with the approval of a majority of the Directors (including a majority of the Independent Directors). The Advisor may assign any rights to receive fees or other payments under this Agreement without obtaining the approval of the Directors. This Agreement shall not be assigned by the Company without the consent of the Advisor, except in the case of an assignment by the Company to a corporation or other organization which is a successor to all of the assets, rights and obligations of the Company, in which case such successor organization shall be bound hereunder and by the terms of said assignment in the same manner as the Company is bound by this Agreement.

  • Assignment or Sub-Contracting The terms, covenants, and conditions contained herein shall apply to and bind the heirs, successors, executors, administrators and assigns of the Parties. Furthermore, neither the performance of this Contract nor any portion thereof may be assigned or sub-contracted by Contractor without the express written consent of County. Any attempt by Contractor to assign or sub-contract the performance or any portion thereof of this Contract without the express written consent of County shall be invalid and shall constitute a breach of this Contract.

  • ASSIGNMENT/SUB-CONTRACTING The Contractor agrees that he will not sell, assign or transfer this Agreement or any part thereof or interest therein without the prior written consent of the Owner.

  • Disclosure upon assignment and novation You hereby consent, in connection with any, or any proposed, novation, assignment, transfer or sale of any of our rights and/or obligations with respect to or in connection with your card account(s) and any facilities and services available in connection with the card to any novatee, assignee, transferee, purchaser or any other person participating or otherwise involved in such, or such proposed, transaction, to the disclosure, to any such person, by us, of any and all information relating to you, your card account(s) with us, this agreement and any security, guarantee and assurance provided to secure your obligations thereunder and any other information whatsoever which may be required in relation thereto.

  • Assignment of Contract A. No assignment by a party hereto of any rights under or interests in the Contract will be binding on another party hereto without the written consent of the party sought to be bound; and, specifically but without limitation, moneys that may become due and moneys that are due may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by law), and unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under the Contract Documents.