Contracting and Assignability Requirements Sample Clauses

The Contracting and Assignability Requirements clause defines the rules and limitations regarding a party’s ability to transfer its rights or obligations under the contract to another party. Typically, this clause specifies whether assignments are permitted, if prior written consent is needed, or if certain conditions must be met before an assignment can occur. For example, it may prohibit assignment altogether or allow it only in cases of mergers or acquisitions. The core function of this clause is to maintain control over who is involved in the contractual relationship, thereby protecting the interests of the original parties and preventing unwanted or unapproved transfers of responsibility or benefit.
Contracting and Assignability Requirements. The rights and duties under this AGREEMENT shall not be delegated, assigned or subcontracted by GRANTEE unless otherwise permitted by CITY in writing.
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Contracting and Assignability Requirements. Rights and duties under this Agreement shall not be delegated or assigned by GRANTEE nor shall any of the work or services to be performed hereunder be subcontracted to third parties except to the extent and in the manner hereinafter provided in the ▇▇▇▇▇▇▇▇ Emergency Solutions Grant Program Regulations (the "Regulations") referred to in Section 12.
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Related to Contracting and Assignability Requirements

  • Assignability and Subcontracting Contractor shall not assign this Agreement or any portion thereof to a third party or subcontract with a third party to provide services required by contractor under this Agreement without the prior written consent of County. Any such assignment or subcontract without the County’s prior written consent shall give County the right to automatically and immediately terminate this Agreement.

  • Binding Effect and Assignability This Subscription Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors, legal representatives and assigns. The Subscriber agrees not to transfer or assign this Subscription Agreement, or any of the Subscriber’s interest herein.

  • Assignability; Binding Effect This Agreement is not assignable by any Party without the prior written consent of the other Parties and any attempt to assign this Agreement without such consent shall be void and of no effect. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns.