Common use of ASSIGNMENT AND INSOLVENCY Clause in Contracts

ASSIGNMENT AND INSOLVENCY. The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

ASSIGNMENT AND INSOLVENCY. 10.1 The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

ASSIGNMENT AND INSOLVENCY. The Supplier shall not, except after obtaining the prior written consent approval of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, Order or any part thereof, hereof or any of the Supplier's rights or obligations under this Purchase Order. Should the Supplier become insolvent or should control of the Supplier change by the virtue of insolvency, UNDP may, without prejudice to any other rights right or remediesremedy, immediately terminate this Purchase Order by giving the Supplier written notice of such termination.