Change of Party, Assignment, Clause Samples

Change of Party, Assignment,. 16.1. The Supplier is not permitted to assign any rights or obligations under the contract to a third party without CS's prior written consent. 16.2. The Supplier must notify CS in writing without delay if the contract is transferred by operation of law or if there is any change in the Supplier's legal form or business activities. 16.3. CS may transfer the rights and obligations under the contract with the Supplier to one of CS's affiliates at any time without the Supplier's prior consent.