Common use of Assignment; Change of Control Clause in Contracts

Assignment; Change of Control. The Contractor shall make no assignment, transfer, or other conveyance of the rights, duties or obligations of the Contract without the prior written consent of the Department. This provision includes the reassignment of the Contract due to change in ownership of the Contractor. Any assignment shall be made explicitly subject to all defenses, setoffs or counter claims that would have been available to the Department against the Contractor in the absence of such assignment. All terms, provisions and conditions of the Contract shall be binding upon the parties and their respective successors and assignees.

Assignment; Change of Control. The Contractor shall make no assignment, transfer, or other conveyance of the rights, duties or obligations of the Contract without the prior written consent of the Department. This provision includes the reassignment of the Contract due to change in ownership of the Contractor. Any assignment shall be made explicitly subject to all defenses, setoffs or counter claims that would have been available to the Department against the Contractor in the absence of such assignment. All terms, provisions and conditions of the Contract shall be binding upon the parties and their respective successors and assignees.