Common use of No Other Assignment Clause in Contracts

No Other Assignment. Except as provided in this clause 17, a Participant must not sell, assign or otherwise dispose of, grant any option over, declare or permit to arise or subsist any trust in respect of, charge, mortgage, assign by way of security or otherwise encumber its Participating Interest nor agree nor attempt to do any of the foregoing and a Participant must not in any circumstances sell or assign to a third party or an Affiliate a Participating Interest comprising less than 5%.

No Other Assignment. Except as provided in Section 3.11(b) and this clause 17Article 15, a Participant must not sell, assign or otherwise dispose of, grant any option over, declare or permit to arise or subsist any trust in respect of, charge, mortgage, assign by way of security or otherwise encumber its Participating Interest nor agree nor attempt to do any of the foregoing and a Participant must not in any circumstances sell or assign to a third party Person or an Affiliate a Participating Interest comprising that is less than five percent (5%).

No Other Assignment. Except as provided in Section 3.11(b) and this clause 17Article 15, a Participant must not sell, assign or otherwise dispose of, grant any option over, declare or permit to arise or subsist any trust in respect of, charge, mortgage, assign by way of security or otherwise encumber its Participating Interest nor agree nor attempt to do any of the foregoing and a Participant must not in any circumstances sell or assign to a third party Person or an Affiliate a Participating Interest comprising that is less than 5%.five percent (5%).‌