Assignmen t Sample Clauses
An Assignment clause defines the conditions under which one party may transfer its rights or obligations under the contract to another party. Typically, this clause specifies whether assignment is permitted freely, requires the other party's consent, or is prohibited altogether. For example, it may allow assignment in the event of a merger or sale of the business, but otherwise restrict it to protect the interests of the non-assigning party. The core function of this clause is to control and clarify the transferability of contractual rights and duties, thereby preventing unwanted or unexpected changes in the parties involved.
Assignmen t. Neither this Agreement nor any rights or obligations hereunder may be assigned either voluntarily or involuntarily, by operation of law or otherwise, by either party without the prior written consent of the other party, provided this shall not preclude Price Associates from employing Delegates as it deems appropriate to carry out its obligations set forth hereunder.
Assignmen t. This Agreement may not be assigned by the Participating Contractor without the express written consent of Utilities.
Assignmen t. Neither this Agreement nor any right or benefit or payment under it will be assignable by either of the Recipients, whether as security or otherwise, except with the prior consent of the Province, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, the Recipients may assign any amount of the Funding as security for the repayment of any loans or other credit facilities acquired by the Recipients directly and V R O H O \ W R I L Q D Q F H W K H 5 H