Assignments by Transporter Clause Samples

The "Assignments by Transporter" clause defines the rules and limitations regarding the transporter’s ability to transfer its rights or obligations under the contract to another party. Typically, this clause requires the transporter to obtain the prior written consent of the other contracting party before making any such assignment, ensuring that the original party maintains control over who is responsible for performing the transporter’s duties. This provision is essential for protecting the interests of the non-assigning party by preventing unwanted or unqualified third parties from taking over contractual responsibilities, thereby maintaining the integrity and reliability of the agreement.
Assignments by Transporter 

Related to Assignments by Transporter

  • Assignments by ▇▇▇▇▇▇▇ Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions: