Assignor Rights Clause Samples
The "Assignor Rights" clause defines the specific rights retained or granted to the assignor in a contractual assignment. Typically, this clause outlines what authority or privileges the assignor maintains after transferring certain interests or obligations, such as the right to receive notice of further assignments or to enforce certain terms if the assignee defaults. By clearly delineating these rights, the clause helps prevent disputes over residual powers and ensures both parties understand the assignor's ongoing role or limitations following the assignment.
Assignor Rights. The assignor has the right:
(a) to assign part or all of its Storage Services to an assignee for a period of at least the minimum period of a one (1) Day up to a maximum of the end of the Service Period for the Storage Services;
(b) to freely negotiate the price of the Storage Services with one or more potential assignees;
(c) to inform the Storage Operator of any Storage Service that the assignor wishes to make available on the Secondary Market. The Storage Operator publishes each valid offer for the Secondary Market Platform;
(d) to trade part of or all of its Storage Services in accordance with the assignment procedure “Assignment Procedure 2: Secondary Market Platform between Storage Users” which is set out in the attachment C3 of the Access Code for Storage.
Assignor Rights. Any Investor other than a Director who shall assign all of such Investor's Fund Interest shall cease to be an Investor and shall not retain any statutory rights as an Investor.
Assignor Rights. Any Member who shall assign all of such Member's Units shall cease to be a Member and shall not retain any statutory rights as a Member.
Assignor Rights. Any Limited Partner who shall assign all of such Limited Partner's Partnership Interest shall cease to be a Limited Partner and shall not retain any statutory rights as a Limited Partner.
Assignor Rights. The assignor has the right:
(a) to assign part or all of its Storage Services to an assignee for a period of at least the minimum period of a one (1) Day up to a maximum of the end of the Service Period for the Storage Services;
(b) to freely negotiate the price of the Storage Services with one or more potential assignees;
(c) to inform the Storage Operator of any Storage Service that the assignor wishes to make available on the Secondary Market. The Storage Operator publishes each valid offer for the Secondary Market Platform;
Assignor Rights