Common use of Legal succession Clause in Contracts

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement will be fulfilled or if there is good cause to justify refusing said consent.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement or the individual agreement, including the associated individual orders, to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement or the individual agreement, including the associated individual orders, will be fulfilled or if there is good cause to justify refusing said consent.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is good cause to justify refusing said consent.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement on the Sale

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Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement or the individual agreement, including the associated individual orders, will be fulfilled or if there is good cause to justify refusing said consent.

Appears in 1 contract

Samples: Master Agreement

Legal succession. (1) Either Party shall be authorised to assign the rights and obligations under this Master Agreement and the individual agreement to a third party. The prior consent of the other Party shall be required for any such assignment. Said consent shall be denied only if the third party cannot reliably guarantee that this Master Agreement and the individual agreement will be fulfilled or if there is a good cause to justify refusing said consent.

Appears in 1 contract

Samples: Master Agreement on the Sale

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