Common use of Consent to Transfer Clause in Contracts

Consent to Transfer. If the Proposed Transfer Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's consent to the transfer will be deemed to have been given. If the Proposed Substitute is not the Authority, a transfer in accordance with a Proposed Transfer Notice will only be effective if the Material Project Contractor consents to that transfer in writing in accordance with Section 4.3 and the Authority will (as soon as practicable) supply the Material Project Contractor with the following information:

Appears in 5 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

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Consent to Transfer. If the Proposed Transfer Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's consent to the transfer will be deemed to have been given. If the Proposed Substitute is not the Authority, a transfer in accordance with a Proposed Transfer Notice will only be effective if the Material Project Contractor consents to that transfer in writing in accordance with Section 4.3 and the Authority will (as soon as practicable) supply the Material Project Contractor with the following information:

Appears in 3 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

Consent to Transfer. If the Proposed Transfer Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's consent to the transfer will be deemed to have been given. If the Proposed Substitute is not the Authority, a transfer in accordance with a Proposed Transfer Notice will only be effective if the Material Project Contractor consents to that transfer in writing in accordance with Section 4.3 and the Authority will (as soon as practicable) supply the Material Project Contractor with information to establish whether the following information:Proposed Substitute has the technical competence and sufficient financial resources, or is supported by a satisfactory guarantee, to carry out the obligations of Project Co under the Material Contract.

Appears in 2 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

Consent to Transfer. If the Proposed Transfer Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's Design- Builder’s consent to the transfer will be deemed to have automatically been given. If the Proposed Substitute is not the Authority, a transfer in accordance with a Proposed Transfer Notice will only be effective if the Material Project Contractor Design-Builder consents to that transfer in writing in accordance with Section 4.3 4.3, and the Authority will (as soon as practicable) supply the Material Project Contractor Design- Builder with the following information:

Appears in 2 contracts

Samples: Collateral Agreement, Collateral Agreement

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Consent to Transfer. If the Proposed Transfer Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's ’s consent to the transfer will be deemed to have been given. If the Proposed Substitute is not the Authority, a transfer in accordance with a Proposed Transfer Notice will only be effective if the Material Project Contractor consents to that transfer in writing in accordance with Section 4.3 and the Authority will (as soon as practicable) supply the Material Project Contractor with the following information:

Appears in 1 contract

Samples: Project Contractor Collateral Agreement

Consent to Transfer. If the Proposed Transfer Notice specifies the Authority as the Proposed Substitute, the Material Project Contractor's consent to the transfer will be deemed to have been given. If the Proposed Substitute is not the Authority, a transfer in accordance with a Proposed Transfer Notice will only be effective if the Material Project Contractor consents to that transfer in writing in accordance with Section 4.3 [Grant of Consent] and the Authority will (as soon as practicable) supply the Material Project Contractor with the following information:

Appears in 1 contract

Samples: Project Contractor Collateral Agreement

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