Common use of Assignment to Affiliate Clause in Contracts

Assignment to Affiliate. As of the Effective Date, the Assignor hereby assigns, transfers and sets over to the Assignee, its successors and permitted assigns, all of the Assignor’s right, title and interest in the Assigned Agreement and all the benefits and advantages derived therefrom for the remainder of the term of the Assigned Agreement and any renewals or extensions thereof.

Appears in 3 contracts

Sources: New Brunswick Transmission Utilization Agreement, Transmission Service Agreement, Mepco Transmission Rights Agreement