Common use of Assignment by CORVIS Clause in Contracts

Assignment by CORVIS. CORVIS may not assign any of its rights or -------------------- obligations under this Agreement without the prior written consent of VENDOR, which consent shall not be unreasonably withheld; provided, however, that CORVIS may subcontract any part of its obligations, or assign this entire Agreement, to any of CORVIS' majority-owned subsidiaries, by providing written notification to VENDOR of such assignment or subcontract.

Appears in 3 contracts

Samples: Purchase Agreement (Cidra Corp), Purchase Agreement (Wavesplitter Technologies Inc), Purchase Agreement (Cidra Corp)

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Assignment by CORVIS. CORVIS may not assign any of its rights or -------------------- obligations under this Agreement without the prior written consent of VENDOR, which consent shall not be unreasonably withheld; provided, however, that CORVIS may subcontract any part of its obligations, or assign this entire Agreement, to any of CORVIS' majority-owned subsidiaries, by providing written notification to VENDOR of such assignment or subcontract.

Appears in 1 contract

Samples: Purchase Agreement (New Focus Inc)

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