Common use of NO CESSION OR ASSIGNMENT Clause in Contracts

NO CESSION OR ASSIGNMENT. Save as otherwise herein provided, neither this Agreement nor any part, share or interest therein nor any rights or obligations hereunder may be ceded, assigned, or otherwise transferred by the Merchant without Retail Capital's prior written consent. The Merchant further hereby irrevocably and unconditionally consents to the cession, delegation, assignment or other transferral by Retail Capital (or any person to whom its rights and/or obligations are ceded, delegated or assigned in terms of this clause 28.5) of all or any of its rights or obligations in terms of this Agreement, notwithstanding that such cession or assignment, if made to more than one person and/or of any but not all of Retail Capital's rights, may result in a splitting of claims. The Merchant shall, if so required by any cessionary or cessionaries, perform all such obligations and make any payments direct to such cessionary or cessionaries.

NO CESSION OR ASSIGNMENT. Save as otherwise herein provided, neither this Agreement nor any part, share or interest therein nor any rights or obligations hereunder may be ceded, assigned, or otherwise transferred by the Merchant without Retail Capital's ’s prior written consent. The Merchant further hereby irrevocably and unconditionally consents to the cession, delegation, assignment or other transferral by Retail Capital (or any person to whom its rights and/or obligations are ceded, delegated or assigned in terms of this clause 28.522.5) of all or any of its rights or obligations in terms of this Agreement, notwithstanding that such cession or assignment, if made to more than one person and/or of any but not all of Retail Capital's ’s rights, may result in a splitting of claims. The Merchant shall, if so required by any cessionary or cessionaries, perform all such obligations and make any payments direct to such cessionary or cessionaries.