Common use of Novation and Assignment Clause in Contracts

Novation and Assignment. 10.1 Subject to Clause 10.2, no Party shall be entitled to assign any of its rights, title and interest under this Agreement or any of its obligations hereunder except with the prior written consent of the other Parties. 10.2 OCP may at any time novate, transfer or assign any of its rights, obligations, title and interest under this Agreement to any of its Affiliates (the “Affiliate Transferee”) and the Parties agree that they will do, execute and deliver or procure to be done, executed and delivered all such further acts, documents and things required by law or as may be necessary or desirable to give full effect to such novation, transfer or assignment, provided that notwithstanding anything contained in this Agreement, OCP acknowledges, agrees and confirms that (i) any novation, assignment or transfer by OCP of any of its rights, obligations, title and interest under this Agreement to an Affiliate Transferee, shall not relieve OCP from any of its obligations hereunder; (ii) OCP shall procure that such Affiliate Transferee novates, transfers or assigns the rights, obligations, title and interest transferred to such Affiliate Transfree, to OCP, prior to such Affiliate Transferee ceasing to be an Affiliate of OCP or procure that such Affiliate Transferee transfers such rights, obligations, title and interest to another Affiliate of OCP.

Novation and Assignment. 10.1 Subject to Clause 10.2, no Party shall be entitled to assign any of its rights, title and interest under this Agreement or any of its obligations hereunder except with the prior written consent of the other Parties. 10.2 OCP 9.2 GSHS may at any time novate, transfer or assign any of its rights, obligations, title and interest under this Agreement to any of its Affiliates (the “Affiliate Transferee”) and the Parties agree that they will do, execute and deliver or procure to be done, executed and delivered all such further acts, documents and things required by law or as may be necessary or desirable to give full effect to such novation, transfer or assignment, provided that notwithstanding anything contained in this Agreement, OCP GSHS acknowledges, agrees and confirms that (i) any novation, assignment or transfer by OCP GSHS of any of its rights, obligations, title and interest under this Agreement to an Affiliate Transferee, shall not relieve OCP GSHS from any of its obligations hereunder; (ii) OCP GSHS shall procure that such Affiliate Transferee novates, transfers or assigns the rights, obligations, title and interest transferred to such Affiliate Transfree, to OCPGSHS, prior to such Affiliate Transferee ceasing to be an Affiliate of OCP GSHS or procure that such Affiliate Transferee transfers such rights, obligations, title and interest to another Affiliate of OCPGSHS.

Novation and Assignment. 10.1 Subject to Clause 10.2, no Party shall be entitled to assign any of its rights, title and interest under this Agreement or any of its obligations hereunder except with the prior written consent of the other Parties. 10.2 OCP Network18 may at any time novate, transfer or assign any of its rights, obligations, title and interest under this Agreement to any of its Affiliates (the “Affiliate Transferee”) and the Parties agree that they will do, execute and deliver or procure to be done, executed and delivered all such further acts, documents and things required by law or as may be necessary or desirable to give full effect to such novation, transfer or assignment, provided that notwithstanding anything contained in this Agreement, OCP Network18 acknowledges, agrees and confirms that (i) any novation, assignment or transfer by OCP Network18 of any of its rights, obligations, title and interest under this Agreement to an Affiliate Transferee, shall not relieve OCP Network18 from any of its obligations hereunder; (ii) OCP Network18 shall procure that such Affiliate Transferee novates, transfers or assigns the rights, obligations, title and interest transferred to such Affiliate TransfreeTransferee, to OCPNetwork18, prior to such Affiliate Transferee ceasing to be an Affiliate of OCP Network18 or procure that such Affiliate Transferee transfers such rights, obligations, title and interest to another Affiliate of OCPNetwork18.