Assignment and Transfer of this Agreement Sample Clauses

Assignment and Transfer of this Agreement. Seller may assign its rights or obligations under this Purchaser Credit Agreement to a third party without your consent, provided that any assignment of Seller’s obligations under this Agreement shall be to a party qualified to perform such obligation. If Seller assigns this Agreement and does not assign the PPA to the same assignee, then Seller is deemed to have elected to settle a cumulative Purchaser Credit, if any, by providing a payment of same amount. If Seller assigns this Agreement and the PPA to the same assignee, then Seller may settle a cumulative Purchase Credit, if any, by providing a payment of same amount or by providing electricity from the system at no charge. Purchaser’s rights and obligations under this Agreement will be automatically transferred to any party to whom Purchaser assigns the PPA in accordance with the PPA.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Assignment and Transfer of this Agreement. Seller may assign its rights or obligations under this Agreement to a third party without your consent, provided that any assignment of Seller’s obligations under this Agreement shall be to a party qualified to perform such obligation. This Agreement protects only the party that hosts the System. Purchaser’s rights and obligations under this Agreement will be automatically transferred to any party to whom Purchaser properly transfers the PPA.
Sample 1Sample 2
Assignment and Transfer of this Agreement. 9.1 The Option Holder may transfer its rights and obligations under this Agreement by way of assumption of contract (VERTRAGSUBERNAHME) to any affiliate of the Option Holder or to any Second Secured Lender or (with the consent of the Second Secured Lenders) to any third party. PAG, PMG and each Option Grantor irrevocably grants its respective approval for any such transfer, regardless to whom the rights and obligations under this Agreement are transferred. For the avoidance of doubts, the rights and obligations under the Option Agreement may only be transferred together and the Transferee should be deemed for the purposes of this Agreement successor to all rights and duties of the Option Holder. However, if any, the right to consent to share transfers pursuant to the Articles of Association of PMG amended pursuant to Clause 6.1.5 shall rest with X.X. Xxxxxx Europe Limited, that shall act on the instruction of the new Option Holder. If X.X. Xxxxxx ceases to exist and its rights under the Articles of Association are not assumed automatically by its legal successor, PAG agrees to amend the Articles of Association of PMG to state the person to whom this right of X.X. Xxxxxx will have been transferred.
Sample 1

Related to Assignment and Transfer of this Agreement

  • Assignment of this Agreement (a) We may assign, transfer, sub-contract or sell our rights, benefits or obligations under this Agreement at any time to any of our Affiliates or to an unaffiliated third party and you consent to this without us having to notify you.

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.

  • Amendments of this Agreement This Agreement may be amended by the parties only if such amendment is specifically approved by (i) the Board of Directors of the Fund, to the extent permitted by the Investment Company Act, or by the vote of a majority of the outstanding shares of the Portfolio, and (ii) by the vote of a majority of those directors of the Fund who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval.

  • Assignment and Transfer The Member may assign or transfer in whole but not in part its limited liability company interest to a single acquiror.

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • The Assignment On or prior to the Purchase Date, World Omni will execute and deliver the RPA Assignment.

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

Time is Money Join Law Insider Premium to draft better contracts faster.