Common use of TRANSFER OF THE CONTRACT Clause in Contracts

TRANSFER OF THE CONTRACT. 1. Party B shall not operate the gaming promotion, or part of it, in the designated VIP Room through a third party or allow a third party to, directly or indirectly, take part or be involved in such operation. It partners can only assist Party B in such promotion business and can not operate such promotion operation on its behalf. 2. Even if allowed by law, Party B, without obtaining prior written consent from Party A, shall not transfer or assign this contract or all or part of the interests and rights (including but not limited to commissions and other compensation to be received by Party B hereunder) or other obligations under any provisions herein to any third party, in any form or through any means, with or without compensation. 3. To the extent approved by the government, if Party A transfers its interest hereunder to a third party, Party B must accept such transfer and continue the performance of all of its responsibilities hereunder, as if the third party transferee were the same as Party A; if necessary, Party B must modify and submit the guarantee specified in Section XV at the request of such third party transferee to ensure that such third party transferee is the beneficiary of the said guarantee.

TRANSFER OF THE CONTRACT. 1. Party B shall not operate the gaming promotion, or part of it, in the designated VIP Room through a third party or allow a third party to, directly or indirectly, take part or be involved in such operation. It partners can only assist Party B in such promotion business and can cannot operate such promotion operation on its behalf. 2. Even if allowed by law, Party B, without obtaining prior written consent from Party A, shall not transfer or assign this contract or all or part of the interests and rights (including but not limited to commissions and other compensation to be received by Party B hereunder) or other obligations under any provisions herein to any third party, in any form or through any means, with or without compensation. 3. To the extent approved by the government, if Party A transfers its interest hereunder to a third party, Party B must accept such transfer and continue the performance of all of its responsibilities hereunder, as if the third party transferee were the same as Party A; if necessary, Party B must modify and submit the guarantee specified in Section XV at the request of such third party transferee to ensure that such third party transferee is the beneficiary of the said guarantee.