Common use of Assignment and Delegation of Duties Clause in Contracts

Assignment and Delegation of Duties. MMR may not assign duties, rights or interests under this Agreement to a competitor of Chartis or its Affiliates or an entity with interests that compete with the interests of Chartis or its Affiliates without the prior written consent of Chartis, which approval will not be unreasonably withheld. Subject to the preceding sentence, either Party may assign its rights and/or delegate any and all of its duties without the other Party’s consent to an Affiliate and/or in connection with a merger or sale.

Assignment and Delegation of Duties. MMR may not assign duties, rights or interests under this Agreement to a competitor of Chartis or its Affiliates or an entity with interests that compete with the interests of Chartis or its Affiliates without the prior written consent of Chartis, which approval will not be unreasonably withheld. Subject to the preceding sentence, either Party may assign its rights and/or delegate any and all of its duties without the other Party’s 's consent to an Affiliate and/or in connection with a merger or sale.