Assignment by the Operator. 18.1.1 With the modifications in clauses 18.1.3 and 18.1.4, the Operator shall not be entitled to assign, novate or otherwise transfer (in Danish: “enhver form for overdragelse”) any obligations or rights under the Contract to any other party without the prior written approval of the DEA. The DEA’s approval shall not be unreasonably withheld. Approval will only be granted where such transfer can take place without the risk of breach of the principles of the public procurement rules and where no material circumstances otherwise prevent such transfer.
Appears in 2 contracts
Sources: Contract on Subsidy for Carbon Capture, Transport and Storage, Contract on Subsidy for Carbon Capture, Transport and Storage
Assignment by the Operator. 18.1.1 17.1.1 With the modifications in clauses 18.1.3 17.1.3 and 18.1.417.1.4, 17.2 and Fejl! Henvisningskilde ikke fundet., the Operator shall not be entitled to assign, novate or otherwise transfer (in Danish: “enhver form for overdragelse”) any obligations or rights under the Contract to any other party without with- out the prior written approval of the DEA. The DEA’s approval shall not be unreasonably withheld. Approval will only be granted where such transfer can take place without the risk of breach of the principles of the public procurement rules and where no material circumstances otherwise prevent such transfer.
Appears in 1 contract
Sources: Contract on Subsidy for Negative Emissions Carbon Capture, Transport and Storage