Common use of Transfer Without Consent is Null and Void Clause in Contracts

Transfer Without Consent is Null and Void. Any Change in Control or sale, transfer, or assignment of any interest in this PPA made without fulfilling the requirements of this PPA shall be null and void and a breach of this PPA; provided that Buyer’s consent shall not be required in connection with any Seller Change of Control whereby Seller is acquired by an Affiliate thereof. (A) Except as permitted in this Section, neither Party shall assign this PPA or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that (i) at least thirty (30) Days prior Notice of any proposed assignment requiring consent shall be given to the other Party;

Appears in 1 contract

Sources: Solar Energy Purchase Agreement

Transfer Without Consent is Null and Void. Any Change in Control or sale, transfer, or assignment of any interest in this PPA made without fulfilling the requirements of this PPA shall be null and void and a breach of this PPA; provided that Buyer’s consent shall not be required in connection with any Seller Change of Control whereby Seller is acquired by an Affiliate thereof. (A) Except as permitted in this SectionArticle, neither Party shall assign this PPA or any portion thereof, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that (i) at least thirty (30) Days prior Notice of any proposed assignment requiring consent shall be given to the other Party;thirty

Appears in 1 contract

Sources: Wind Energy Purchase Agreement