Common use of Assignment; Partnership Change in Control Clause in Contracts

Assignment; Partnership Change in Control. 11.1 Neither Party may assign its rights under this Agreement without prior written consent from the other Party, which consent shall not be unreasonably withheld; provided, however, that either Party may assign its rights under this Agreement to a successor in interest resulting from any merger, reorganization, consolidation or as part of a sale of all or substantially all of its assets. Subject to the foregoing, this Agreement shall bind and inure to the benefit of the successors and assigns of the Parties hereto.

Appears in 13 contracts

Samples: Transportation Services Agreement, Transportation Services Agreement (MPLX Lp), Transportation Services Agreement (MPLX Lp)

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