Common use of Assignment or Delegation Clause in Contracts

Assignment or Delegation. Neither party may assign, delegate, or transfer its rights or obligations under the service documents without the other party’s prior written consent, which consent may not be unreasonably delayed or withheld, however, no such consent will be required by NCC if such assignment or delegation is to an affiliate or successor-in-interest (by merger, acquisition, asset sale, or otherwise). A change in control either by way of Asset Purchase Agreement or other form of a buy/sell contract of more than 50.1% of the assets of the client or legal ownership interests of the client shall automatically assign and transfer this MSA and the Service Order(s) and all obligations and rights thereof to the successor-in-interest without the approval of NCC.