Common use of No Assignment Permitted Clause in Contracts

No Assignment Permitted. All of the rights, benefits, duties, liabilities and obligations of the parties hereto shall ensure to the benefit of and be binding upon the respective successors of the parties provided that in no circumstances is this Agreement assignable by either party save and except that, where approved in writing by both parties, the CFO may be assigned to complete tasks and provide services to a subsidiary of the Company or an associated company thereof.

Appears in 1 contract

Sources: Management Agreement (Solar Enertech Corp)

No Assignment Permitted. All of the rights, benefits, duties, liabilities and obligations of the parties hereto shall ensure enure to the benefit of and be binding upon the respective successors of the parties provided that in no circumstances is this Agreement assignable by either party save and except that, where approved in writing by both parties, the CFO may be assigned to complete tasks and provide services to a subsidiary of the Company or an associated company thereof.

Appears in 1 contract

Sources: Management Agreement (Solar Enertech Corp)

No Assignment Permitted. All of the rights, benefits, duties, liabilities and obligations of the parties hereto shall ensure inure to the benefit of and be binding upon the respective successors of the parties provided that in no circumstances is this Agreement assignable by either party save and except that, where approved in writing by both parties, the CFO may be assigned to complete tasks and provide services to a subsidiary of the Company or an associated company thereof.

Appears in 1 contract

Sources: Employment Agreement (Solar Enertech Corp)