Common use of Limitations on Assignments Clause in Contracts

Limitations on Assignments. The Company shall not, during the term of this Agreement, assign, transfer or otherwise dispose of any of its rights hereunder to a person other than an Affiliate of the Company, without the prior written consent of the Trust. An Affiliate of the Company to whom any rights hereunder may have been transferred in accordance with this Agreement shall not, during the term of this Agreement, assign, transfer or otherwise dispose of any of its rights hereunder to a person other than the Company or another Affiliate of the Company, without the prior written consent of the Trust.

Appears in 5 contracts

Samples: Share Option Agreement (Cap Rock Energy Corp), Agreement (Cap Rock Energy Corp), Agreement (Cap Rock Energy Corp)

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