Common use of Assignment and Charges Clause in Contracts

Assignment and Charges. a The Concessionaire shall under no circumstances whatsoever create Encumbrance over the Hospital Site. Subject to sub-Articles (b) and (c) herein below, the Concessionaire shall not assign this Agreement or the rights, benefits and obligations hereunder save and except with prior written consent of the Hospital Authority. b Except as provided in this provision, the Concessionaire shall not create nor permit to subsist any Encumbrance over or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement except with prior consent in writing of the Hospital Authority, who shall be entitled to decline without assigning any reason whatsoever. Restraint set forth hereinabove shall not apply to:

Appears in 9 contracts

Samples: Agreement, Agreement, Agreement

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