Common use of NO ASSIGNMENT/NOMINATION Clause in Contracts

NO ASSIGNMENT/NOMINATION. 18.1 ABB shall not entertain to any request by the successful bidder(s) to nominate a third party to be the purchaser or Assignee of the property. 18.2 ABB disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.

Appears in 6 contracts

Sources: Facilities Agreement, Loan Agreement, Loan Agreement