Common use of Assignment and Agents Clause in Contracts

Assignment and Agents. 20.1 Subject to Clause 20.4, neither Party shall assign, encumber, novate or otherwise dispose of its benefits or obligations under this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld. 20.2 Any consent to an assignment or other disposition granted under Clause 20.1 shall not relieve the assignor from liability for performance of any obligations, responsibilities or duties so assigned. 20.3 Subject to approval of the appointment of a Retailer's Agent in accordance with Clause 8, each Party may appoint agents to act on its behalf. Any such appointment shall not relieve the Parties making the appointment from responsibility for the acts, defaults, neglects or omissions of its agents. 20.4 If any substantial part of the assets of the Retailer are transferred to another company by reason of a direction of the government, then the Retailer may assign its benefits and obligations under this Agreement to that new company without requiring the consent of the Distributor, and following such assignment this Agreement will be deemed to have been novated between the Distributor and the assignee, and the Retailer will have no further obligations or liabilities to the Distributor pursuant to the assigned Agreement.

Assignment and Agents. 20.1 21.1 Subject to Clause 20.421.4, neither Party shall assign, encumber, novate or otherwise dispose of its benefits or obligations under this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld. 20.2 21.2 Any consent to an assignment or other disposition granted under Clause 20.1 21.1 shall not relieve the assignor from liability for performance of any obligations, responsibilities or duties so assigned. 20.3 21.3 Subject to approval of the appointment of a Retailer's Agent in accordance with Clause 8Cla use 9, each Party may appoint agents to act on its behalf. Any such appointment shall not relieve the Parties making the appointment from responsibility for the acts, defaults, neglects or omissions of its agents. 20.4 21.4 If any substantial part of the assets of the Retailer are transferred to another company by reason of a direction of the government, then the Retailer may assign its benefits and obligations under this Agreement to that new company without requiring the consent of the Distributor, and following such assignment this Agreement will be deemed to have been novated between the Distributor and the assignee, and the Retailer will have no further obligations or liabilities to the Distributor pursuant to the assigned Agreement.