Common use of Assignment and Release Clause in Contracts

Assignment and Release. All or part of the rights, duties, obligations, responsibilities, or benefits set forth in this Agreement shall not be assigned by the Artist/Lender without the express written consent of the Town. Any written assignment shall expressly refer to this Agreement, specify the particular rights, duties, obligations, responsibilities, or benefits so assigned, and shall not be effective unless approved by the Town through the authorizing agent executing this Agreement. No assignment shall release the Artist/Lender from performance of any duty, obligation, or responsibility unless such release is clearly expressed in such written document of assignment.

Assignment and Release. All or part of the rights, duties, obligations, responsibilities, or benefits set forth in this Agreement shall not be assigned by the Artist/Lender without the express written consent of the Town. Any written assignment shall expressly refer to this Agreement, specify the particular rights, duties, obligations, responsibilities, or benefits so assigned, and shall not be effective unless approved by the Town through the authorizing agent executing this Agreement. No assignment shall release the Artist/Lender Artist/▇▇▇▇▇▇ from performance of any duty, obligation, or responsibility unless such release is clearly expressed in such written document of assignment.