Common use of Assignment Without Consent Clause in Contracts

Assignment Without Consent. Nothing in this Agreement shall be construed as an attempt to assign any leasehold or contract rights without the consent of the other party thereto if the attempted assignment thereof without such consent would constitute a breach thereof or adversely affect the rights of the parties thereunder. If any such consent is not obtained prior to the date hereof, Seller agrees to cooperate with Purchaser in effecting appropriate arrangements designed to obtain such consent or assure that Purchaser will receive the benefits of the leaseholder and contract rights.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Pioneer Drilling Co), Asset Purchase Agreement (Pioneer Drilling Co)