Common use of Assignment and Sub Clause in Contracts

Assignment and Sub. contracting 27.1 No Party shall assign or otherwise transfer this Agreement or any of its rights and obligations under it whether in whole or in part without the prior written consent of all the other Parties, save that each Network Operator shall be entitled to novate this Agreement or any part of it to: (a) a Network Operator Group Company of the Network Operator concerned; and/or (b) any company or other legal entity which acquires the GT Licence relating to the gas distribution network and all, or substantially all, of the business or functions of the Network Operator concerned. 27.2 The Service Provider shall be entitled to enter into Third Party Contracts, provided that the Service Provider shall not be relieved from any of its obligations under this Agreement by entering into any sub-contract for the performance of all or any part of this Agreement. 27.3 Nothing in this Agreement shall prevent or restrict a Party from appointing another person to be the agent of the Party for the purposes of this Agreement and where a Party wishes to appoint an agent it shall give notice to each other Party specifying the identity of the proposed agent, the purposes in respect of which the agent is to be appointed and the date from which the appointment is to take effect. 27.4 Where a Party terminates the appointment of an agent it shall give notice to each other Party specifying the date from which the termination is to take effect.