Assignment to a third party. This Agreement, each Transaction and each of the rights and obligations arising thereunder shall not be transferred or assigned to any third Party without the prior consent of the other Party. This Article does not cover transactions governed by statutory or regulatory provisions that result in a valid outright transfer of assets (as in the case of mergers and demergers), for which prior written consent of the other Party shall not be necessary.
Appears in 2 contracts
Sources: FBF Master Agreement, FBF Master Agreement
Assignment to a third party. This Agreement, each Transaction and each of the rights and obligations arising thereunder shall not be transferred or assigned to any third party by either Party without the prior consent of the other Party. This Article does not cover transactions governed by statutory or regulatory provisions that result in a valid outright transfer of assets (as in the case of mergers and demergers), for which prior written consent of the other Party shall not be necessaryParty.
Appears in 1 contract
Sources: Master Agreement
Assignment to a third party. This Agreement, each Transaction and each all Repos or any of the a Party's rights and obligations arising thereunder under them shall not be transferred or assigned to any third Party without the prior consent of the other Party. This Article does not cover transactions governed by statutory or regulatory provisions that result in a valid outright transfer of assets (as in the case of mergers and demergers), for which prior written consent of the other Party shall not be necessary.
Appears in 1 contract