Common use of 15Assignment Clause in Contracts

15Assignment. The Purchaser and Supplier shall not assign or otherwise transfer all or any of their rights or obligations under this Contract without the prior written consent of the other Party, provided that the Supplier may (without the consent of the Purchaser): (a) delegate and/or sub-contract any of its rights or obligations under this Contract but without relieving the Supplier of its obligations under the Contract; or (b) assign, transfer or create security over all or any benefit of this Contract for the purposes of obtaining financing;[ or (c) assign or transfer all or any rights or obligations of this Contract to an Affiliate of the Supplier]. 1. 16Exclusive Remedies Subject to any express right the Purchaser may have under this Contract to terminate this Contract or any other express rights pursuant to the Contract, the Purchaser’s sole remedy in respect of any failure by the Supplier to comply with Sub-Clause 7.2 shall be the right to liquidated damages pursuant to Sub-Clause 7.32.

15Assignment. The Purchaser and Supplier shall not assign or otherwise transfer all or any of their rights or obligations under this Contract without the prior written consent of the other Party, provided that the Supplier may (without the consent of the Purchaser): (a) delegate and/or sub-contract any of its rights or obligations under this Contract but without relieving the Supplier of its obligations under the Contract; or (b) assign, transfer or create security over all or any benefit of this Contract for the purposes of obtaining financing;[ ; or (c) assign or transfer all or any rights or obligations of this Contract to an Affiliate of the Supplier]. 1. 16Exclusive Remedies Subject to any express right the Purchaser may have under this Contract to terminate this Contract or any other express rights pursuant to the Contract, the Purchaser’s sole remedy in respect of any failure by the Supplier to comply with Sub-Clause 7.2 shall be the right to liquidated damages pursuant to Sub-Clause 7.327.3.