Transferring this Contract Clause Samples
The "Transferring this Contract" clause defines the conditions under which one party may assign or transfer its rights and obligations under the contract to another party. Typically, this clause specifies whether prior written consent from the other party is required before any transfer can take place, and may outline exceptions or procedures for such transfers. Its core practical function is to control and restrict the ability of parties to unilaterally shift contractual responsibilities, thereby protecting both parties from unexpected changes in who they are dealing with and ensuring stability in the contractual relationship.
Transferring this Contract a. You may not assign your interests in and delegate your obligations under this Contract without the express written consent of XOOM Energy.
b. XOOM Energy may sell, transfer, pledge, or assign all of its rights but not its obligations as collateral security without your consent. Without limitation to the foregoing, XOOM Energy may sell, transfer, pledge, or assign the accounts receivable, revenues, or proceeds hereof, in connection with any financing agreement, purchase of accounts receivables program or billing services agreement, and may assign this Contract and the rights and obligations hereunder, to another energy supplier, energy services company or other entity as authorized by Service Alberta and applicable Laws.
Transferring this Contract. 16.1. The Customer cannot transfer or try to transfer this Contract, or any part of it, to anyone else.
Transferring this Contract a. We may transfer this Contract to another Energy retailer by providing you with notice. XOOM will send you, both by registered mail and by e-mail, a “Notice of Assignment” at least forty-five (45) days prior to the intended assignment.
b. You may only transfer this Contract to another person with our consent, which may be withheld.
Transferring this Contract. Rights and obligations under the Contract may be assigned by the Supplier. The Customer may not assign its rights and obligations under the Contract.