Common use of Assignments and Delegation Clause in Contracts

Assignments and Delegation. (a) No Party may assign any of its rights under this Agreement other than assignments to a Permitted Assignee, except with the prior written consent of the other Parties. The Parties shall not unreasonably withhold its consent to assignments. Permitted Assignees include Affiliates of the relevant Party and third parties to whom the relevant Party transfers substantially all of the products, business and services to which this Agreement relates. In the case of an assignment by Baxter, assignees must also receive an assignment of all of ▇▇▇▇▇▇’▇ rights in all intellectual property licensed to Cerus hereunder, subject to the licenses granted in this Agreement. It shall be a condition of any such assignment that the assignee shall assume all obligations of the assigning party under this Agreement (b) No party may delegate any performance under this Agreement. (c) Any purported assignment of rights or delegation of performance in violation of this Section is void.

Assignments and Delegation. (a) No Party may assign any of its rights under this Agreement other than assignments to a Permitted Assignee, except with the prior written consent of the other Parties. The Parties shall not unreasonably withhold its consent to assignments. Permitted Assignees include Affiliates of the relevant Party and third parties to whom the relevant Party transfers substantially all of the products, business and services to which this Agreement relates. In the case of an assignment by BaxterB▇▇▇▇▇, assignees must also receive an assignment of all of ▇B▇▇▇▇▇’▇ rights in all intellectual property licensed to Cerus hereunder, subject to the licenses granted in this Agreement. It shall be a condition of any such assignment that the assignee shall assume all obligations of the assigning party under this Agreement (b) No party may delegate any performance under this Agreement. (c) Any purported assignment of rights or delegation of performance in violation of this Section is void.