Common use of Customer Assignment Clause in Contracts

Customer Assignment. The Customer may assign this Contract and the Contract Documents in it sole discretion to any purchaser of the Site, to a lender for collateral purposes, or any entity wholly owned or controlled by the same owners of the Customer. However, prior to the Customer's full payment of the Contract Sum, the Customer must provide the ESCO with reasonable evidence of the proposed assignee's ability to make all remaining payments of the Contract Sum prior to any assignment of this Contract and the Contract Documents.

Customer Assignment. The Customer may assign this Contract and the Contract Documents in it sole discretion to any purchaser of the Site, to a lender for collateral purposes, or any entity wholly owned or controlled by the same owners of the Customer. However, prior to the Customer's full payment of the Contract Sum, the Customer must provide the ESCO with reasonable evidence of the proposed assignee's ability to make all remaining payments of the Contract Sum prior to any assignment of this Contract and the Contract Documents.