Common use of No Assignment of Contract Clause in Contracts

No Assignment of Contract. 11.1) This agreement shall be construed as being exclusively between the two signed parties only and may not be transferred to third parties for any reason without written agreement between the Parties. 11.2) Upon surrender of a third party company, or its branch managers in charge of activities under the contract, or to change the social structure of a party, the other Party shall have the right to terminate this contract through a simple communication by fax, confirmed by registered letter with 15 days notice. 11.3) For the purposes of this Article, the Parties expressly agree that such third parties are defined as companies controlled by parties and/or related to them, or the parent company under Article. 2359 d.c.

No Assignment of Contract. 11.1) This agreement shall be construed as being exclusively between the two signed parties only and may not be transferred to third parties for any reason without written agreement between the Parties. 11.2) Upon surrender of a third party company, or its branch managers in charge of activities under the contract, or to change the social structure of a party, the other Party shall have the right to terminate this contract through a simple communication by fax, confirmed by registered letter with 15 days notice. 11.3) For the purposes of this Article, the Parties expressly agree that such third parties are defined as companies controlled by parties and/or related to them, or the parent company under Article. 2359 d.cc.c.