No Assignment by Team Clause Samples

The "No Assignment by Team" clause prohibits the team from transferring or assigning its rights and obligations under the agreement to another party without prior consent. In practice, this means that the team cannot delegate its responsibilities or benefits to a third party, such as selling its interest in the contract or bringing in a substitute to perform its duties, unless the other party to the agreement explicitly agrees. This clause ensures that the original parties maintain control over who is involved in the contractual relationship, thereby preventing unwanted or unapproved changes in the parties responsible for fulfilling the agreement.
No Assignment by Team. Registration in the Competition is non-transferable. Team shall not assign, delegate or otherwise transfer such Registration or any of Team’s rights, interests, duties and/or responsibilities under this Agreement without prior signed, written approval from XPRIZE. Any attempted assignment, delegation or transfer in violation of this Section 6.7 shall be void.
No Assignment by Team. Registration in the Competition is non-transferable. Team shall not assign, delegate or otherwise transfer such Registration or any of Team’s rights, interests, duties and/or responsibilities under this Agreement without prior signed, written approval from Milken. Any attempted assignment, delegation or transfer in violation of this Section 6.5 shall be void.