Common use of Assignment by Aurizon Network Clause in Contracts

Assignment by Aurizon Network. (a) If an entity will acquire all of Aurizon Network’s interest in the parts of the Railway Network which include the Segments, Aurizon Network must transfer all of its rights and liabilities under this Agreement to that entity at the time that the entity acquires Aurizon Network’s interest in the relevant parts of the Railway Network.

Assignment by Aurizon Network. (a) If an entity will acquire all of Aurizon Network’s interest in the parts of the Railway Network which include the Segments, Aurizon Network must transfer all of its rights and liabilities under this Agreement the Transaction Documents to that entity at the time that the entity acquires Aurizon Network’s interest in the relevant parts of the Railway Network.