Assignment 3 Clause Samples
The "Assignment 3" clause governs the transfer of rights and obligations under a contract to a third party. Typically, this clause outlines whether and how one party may assign its interests or delegate its duties to another entity, often requiring prior written consent from the non-assigning party. By establishing clear rules for assignment, the clause helps prevent unwanted or unauthorized transfers, ensuring that all parties maintain control over who is involved in the contractual relationship and protecting against unexpected changes in responsibility or risk.
Assignment 3. Subject to the provisions of this Clause the Joint Venturers or any of them may at any time —
Assignment 3. Subject to the provisions of this Clause the Company may at any time with the prior written consent of the Minister —
Assignment 3. 7.1. We can transfer or assign the Contract to someone else. If we do this the Contract and the benefit of the security interest you have granted us will apply to the transferee as if it were SCS and the transferee will have the same rights as us.