Common use of Notice of Proposed Assignment Clause in Contracts

Notice of Proposed Assignment. If Licensee desires to enter into an Assignment of this Master License or any Pole License issued under this Master License, Licensee shall give notice (a “Notice of Proposed Assignment”) to the SFPUC, stating in detail the terms and conditions for such proposed Assignment and complete information, including financial statements, business history, and references and other information about the proposed assignee (the “Assignee”) that the SFPUC needs to make a fully informed decision about Licensee’s request. If Licensee does not deliver all information that the SFPUC reasonably requires simultaneously with the Notice of Proposed Assignment, the date of Licensee’s delivery of notice will be deemed to have occurred only when it has delivered any additional information the SFPUC requests.