Common use of Prohibition on Assignment Clause in Contracts

Prohibition on Assignment. Save as provided in clause 23.2 (Restrictions on Assignment), neither Party may sell, cede, delegate, assign, transfer or otherwise dispose of (collectively, "Assign") all or any part of its rights and/or obligations hereunder to a third party without the prior written approval of the other Party.

Appears in 8 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Prohibition on Assignment. 25.1.1 Save as provided in clause 23.2 25.2 (Restrictions on Assignment), neither Party may sell, cede, encumber, delegate, assign, transfer or otherwise dispose of (collectively, "Assign") all or any part of its rights and/or obligations hereunder to a third party without the prior written approval of the other PartyParty and National Treasury. Such approval shall not be unreasonably withheld.

Appears in 1 contract

Sources: Power Purchase Agreement