Assignment of Interests. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. No Party shall be entitled to assign or otherwise transfer its rights, obligations, or interests hereunder (whether by security or otherwise) without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that a Party may assign or otherwise transfer such rights, obligations, or interests to an Affiliate of the Party on two (2) business days' prior written notice. Any assignment or transfer in violation of this Paragraph shall be voidable at the discretion of the non-assigning Party.
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Samples: Measurement and Control Facilities Operating Agreement, Measurement and Control Facilities Operating Agreement, Measurement and Control Facilities Operating Agreement
Assignment of Interests. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. No Party shall be entitled to assign or otherwise transfer its rights, obligations, or interests hereunder (whether by security or otherwise) without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that a Party may assign or otherwise transfer such rights, obligations, or interests to an Affiliate of the Party on two thirty (230) business days' prior written notice. Any assignment or transfer in violation of this Paragraph shall be voidable at the discretion of the non-assigning Party.
Appears in 2 contracts
Assignment of Interests. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. No Party shall be entitled to assign or otherwise transfer its rights, obligations, or interests hereunder (whether by security or otherwise) without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that a Party may assign or otherwise transfer such rights, obligations, or interests to an Affiliate of the Party on two thirty (230) business days' days prior written notice. Any assignment or transfer in violation of this Paragraph shall be voidable at the discretion of the non-assigning Party.
Appears in 1 contract
Samples: Interconnect and Operating Agreement
Assignment of Interests. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. No Party shall be entitled to assign or otherwise transfer its rights, obligations, or interests hereunder (whether by security or otherwise) without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that a Party may assign or otherwise transfer such rights, obligations, or interests to an a creditworthy Affiliate of the Party on two (2) business days' prior written noticewithout such consent. Any assignment or transfer in violation of this Paragraph shall be voidable at the discretion of the non-assigning Party.
Appears in 1 contract
Samples: Delivery Point Construction and Operations Agreement
Assignment of Interests. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. No Party shall be entitled to assign or otherwise transfer its rights, obligations, or interests hereunder (whether by security or otherwise) without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that a Party may assign or otherwise transfer such rights, obligations, or interests to an Affiliate of the Party on two thirty (230) business days' Business Days prior written notice. Any assignment or transfer in violation of this Paragraph shall be voidable at the discretion of the non-assigning Party.
Appears in 1 contract
Samples: Interconnect and Operating Agreement