Common use of Assignment by Generator Clause in Contracts

Assignment by Generator. Section 20.1.1 Generator may, with the consent of the Customer (which consent shall not be unreasonably withheld), assign its interest in this Agreement as long as the assignee shall expressly assume Generator’s obligations under this Agreement and agree to be bound by the terms and conditions hereof. Section 20.1.2 Generator may, without the consent of the Customer: (i) mortgage, pledge, assign or otherwise collaterally assign its interests in this Agreement to an entity for the purposes of financing (including debt or equity financing), (ii) fully assign this Agreement to any successor of Generator, or (iii) fully assign its interest in this Agreement and Site Lease, to TBD or its affiliate, as along as the assignee expressly assumes Generator’s obligations under this Agreement and agrees to be bound by the applicable terms and conditions hereof. Generator shall provide written notice to Customer within fifteen (15) Business Days after any such assignment by Generator. Section 20.1.3 Generator shall continue to remain responsible for performing any tasks under this Agreement that are not assigned pursuant to section 20.1.1 or 20.1.2.

Assignment by Generator. Section 20.1.1 Generator may, with the consent of the Customer (which consent shall not be unreasonably withheld), assign its interest in this Agreement as long as the assignee shall expressly assume Generator’s obligations under this Agreement and agree to be bound by the terms and conditions hereof. Section 20.1.2 Generator may, without the consent of the Customer: (i) mortgage, pledge, assign pledge or otherwise collaterally assign its interests in this Agreement to an entity for the purposes of financing (including debt or equity financing), (ii) fully assign this Agreement to any successor of Generator, or (iii) fully assign its interest in this Agreement and Site Lease, to TBD Dominion Energy, Inc. or its affiliate, as along as the assignee expressly assumes Generator’s obligations under this Agreement and agrees to be bound by the applicable terms and conditions hereof. Generator shall provide written notice to Customer within fifteen (15) Business Days after any such assignment by Generator. Section 20.1.3 Generator shall continue to remain responsible for performing any tasks under this Agreement that are not assigned pursuant to section 20.1.1 or 20.1.2.