Common use of Assignment to Affiliate Clause in Contracts

Assignment to Affiliate. The Company will have the right at all times to assign by indenture supplemental hereto any of its rights or obligations under the Indenture to a direct, indirect, or wholly owned Affiliate of the Company; provided that, in the event of any such assignment, the Company will remain liable for all such obligations.

Appears in 4 contracts

Sources: Indenture (Psi Energy Inc), Indenture (Cinergy Corp), Trust Indenture (Cinergy Corp)