Common use of Assignment of Contractual Position Clause in Contracts

Assignment of Contractual Position. 48.1. The Contractor and the Participating Companies may not transfer or assign this Contract in whole or in part without the prior written consent of MEM. In all cases of transfer or assignment to third parties, including Affiliated companies or partners of the Contractor, all contractual guarantees will be maintained. 48.2. In all cases of transfer or assignment to third parties, the Contractor or the Participating Company should request authorization from MEM by sending a request letter as provided in Article 60. MEM will respond to the request within fifteen (15) Business Days, authorizing or rejecting the request and detailing their reasons for such decision. 48.3. In case the Parties do not reach an agreement regarding an assignment, the differences will be resolved according to the procedures established in Section X: Dispute Resolution Procedures of this Contract.

Assignment of Contractual Position. 48.149.1. The Contractor and the Participating Companies may not transfer or assign this Contract in whole or in part without the prior written consent of MEM. In all cases of transfer or assignment to third parties, including Affiliated companies or partners of the Contractor, all contractual guarantees will be maintained. 48.249.2. In all cases of transfer or assignment to third parties, the Contractor or the Participating Company should request authorization from MEM by sending a request letter as provided in Article 60. MEM will respond to the request within fifteen (15) Business Days, authorizing or rejecting the request and detailing their reasons for such decision. 48.349.3. In case the Parties do not reach an agreement regarding an assignment, the differences will be resolved according to the procedures established in Section X: Dispute Resolution Procedures of this Contract.