Common use of BUSINESS STRUCTURE AND ASSIGNMENTS Clause in Contracts

BUSINESS STRUCTURE AND ASSIGNMENTS. Contractor shall not assign this Agreement at law or otherwise or dispose of all or substantially all of its assets without the Director’s prior written consent. Nothing in this clause, however, prevents the assignment of accounts receivable or the creation of a security interest under Section 9.406 of the Texas Business & Commerce Code. In the case of such an assignment, Contractor shall immediately furnish the Director and CPO with proof of the assignment and the name, telephone number, and address of the Assignee and a clear identification of the fees to be paid to the Assignee.

Appears in 9 contracts

Sources: Agreement for Professional Planning Services, Agreement for Professional Planning Services, Security Guard Services Agreement

BUSINESS STRUCTURE AND ASSIGNMENTS. Contractor Engineer shall not assign this Agreement Contract at law or otherwise or dispose of all or substantially all of its assets without the Director’s prior written consent. Nothing in this clause, however, prevents the assignment of accounts receivable or the creation of a security interest under as described in Section 9.406 of the Texas Business & Commerce Code. In the case of such an assignment, Contractor Engineer shall immediately furnish the Director and CPO City with proof of the assignment and the name, telephone number, and address of the Assignee and a clear identification of the fees to be paid to the Assignee.

Appears in 3 contracts

Sources: Contract for Professional Engineering Design Services, Contract for Professional Engineering Services, Contract for Professional Engineering Services

BUSINESS STRUCTURE AND ASSIGNMENTS. Contractor shall not assign this Agreement at law or otherwise or dispose of all or substantially all of its assets without the Director’s prior written consent. Nothing in this clause, however, prevents the assignment of accounts receivable or the creation of a security interest under Section 9.406 of the Texas Business & Commerce Code. In the case of such an assignment, Contractor shall immediately furnish the Director and CPO City with proof of the assignment and the name, telephone number, and address of the Assignee and a clear identification of the fees to be paid to the Assignee.

Appears in 1 contract

Sources: Fleet/Vehicle and Equipment Maintenance Services Agreement

BUSINESS STRUCTURE AND ASSIGNMENTS. Contractor shall not assign this Agreement at law or otherwise or dispose of all or substantially all of its assets without the Director’s 's prior written consent. Nothing in this clause, however, prevents the assignment of accounts receivable or the creation of a security interest under Section as described in §9.406 of the Texas Business & Commerce Code. In the case of such an assignment, Contractor shall immediately furnish not delegate any portion of its performance under this Agreement without the Director and CPO with proof of the assignment and the name, telephone number, and address of the Assignee and a clear identification of the fees to be paid to the AssigneeDirector's prior written consent.

Appears in 1 contract

Sources: Professional Services