Common use of Assignment by Provider Clause in Contracts

Assignment by Provider. (a) The Provider may at any time request, in writing, for MSD to consent to it L A transferring or assigning all or part of its right, title and interest in and under any Contract Document to another Housing provider. T E (b) The Provider is to provide any information that MSD requests in relation to the proposed transfer or assignment including information regarding the proposed transferee or assignee. (c) MSD may, in its absolute discretion, after receiving the information regarding the proposed transfer or assignment, decide whether to agree (with or without conditions) to the proposed transfer or assignment. (d) If MSD agrees to the proposed transfer or assignment, then: (i) the Provider is to ensure that any conditions imposed by MSD are complied with to MSD’s satisfaction; (ii) the Provider is to procure the transferee or assignee to enter into an agreement with MSD in the form of the relevant Contract Documents; and (iii) the Provider and the transferee or assignee must obtain all approvals in relation to the proposed transfer or assignment and execute all documents relating to the transfer or assignment. (e) MSD agrees: (i) not to unreasonably withhold consent to any transfer; and (ii) to promptly do all things necessary to enable the transfer to occur.‌‌