Common use of Assignment by Company Clause in Contracts

Assignment by Company. This Agreement shall not be assigned by Company without the prior written consent of Seller (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that Company shall have the right, without the consent of Seller, to assign its interest in this Agreement to any affiliated company owned in whole or in part by Hawaiian Electric Industries, Inc. ("HEI") so long as such assignee (a) shall have assumed all obligations of Company under this Agreement; and (b) is a utility regulated by the PUC.

Appears in 21 contracts

Samples: Scheduled and Contingency Capacity Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Assignment by Company. This Agreement shall not be assigned by Company without the prior written consent of Seller (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that Company shall have the right, without the consent of Seller, to assign its interest in this Agreement to any affiliated company owned in whole or in part by Hawaiian Electric Industries, Inc. ("HEI") so long as Inc.; provided, further, that such assignee (a) shall have assumed all obligations assignment does not impair the ability of Company Seller to continue to receive the payments it is entitled to under this Agreement; and (b) is a utility regulated by the PUC.

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Assignment by Company. This Agreement shall not be assigned by Company without the prior written consent of Seller Subscriber Organization (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that Company shall have the right, without the consent of SellerSubscriber Organization, to assign its interest in this Agreement to any affiliated company owned in whole or in part by Hawaiian Electric Industries, Inc. ("HEI") so long as such assignee (a) shall have assumed all obligations of Company under this Agreement; and (b) is a utility regulated by the PUC.

Appears in 1 contract

Samples: Power Purchase Agreement

Assignment by Company. This Agreement shall not be assigned by Company without the prior written consent of Seller (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that Company shall have the right, without the consent of Seller, to assign its interest in this Agreement to any affiliated company owned in whole or in part by Hawaiian Electric Industries, Inc. ("HEI") so long as Inc.; provided, further, that such assignee (a) shall have assumed all obligations assignment does not impair the ability of Company Seller to continue to receive the payments it is entitled to under this Agreement; and (b) is a utility regulated by the PUC.Agreement.‌‌‌

Appears in 1 contract

Samples: Power Purchase Agreement

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Assignment by Company. This Agreement shall not be assigned assignable by Company without the prior written consent of Seller (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that Company shall have the right, without the consent of Seller, to assign its interest in this Agreement to any affiliated company owned in whole or in part by Hawaiian Electric Industries, Inc. ("HEI") so long as Inc.; provided, further, that such assignee (a) shall have assumed all obligations assignment does not impair the ability of Company Seller to continue to receive the payments it is entitled to under this Agreement; and (b) is a utility regulated by the PUC.

Appears in 1 contract

Samples: Power Purchase Agreement

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