Either Party. (the Assignor) may assign or transfer any or all of its rights or obligations under this Agreement to an Affiliate provided always that: (a) such Affiliate expressly shall assume the Assignor’s obligations under this Agreement and that such obligations remain effective against such Affiliate; and (b) the Assignor shall remain jointly and severally liable with its said Affiliate for any and all obligations and/or liabilities under this Agreement.
Appears in 4 contracts
Sources: Operating Margins Services Agreement, Gas Delivery Services Agreement, Operating Margins Services Agreement