Common use of Buyer Assignment Clause in Contracts

Buyer Assignment. Buyer may assign any the Contract or any of Buyer’s rights or obligations under the Contract. If Buyer assigns the Contract or any of its rights or obligations (whether in whole or in part), Seller releases Buyer from all liability as to the part that was assigned or delegated and hold the assignee solely responsible for performance of all such obligations.

Appears in 2 contracts

Sources: Purchase General Terms & Conditions, Purchase General Terms & Conditions