Common use of Notwithstanding Section 14 Clause in Contracts

Notwithstanding Section 14. 1.1, T&D may assign this Agreement without the prior written consent of Seller in connection with (i) any restructuring, disaggregation, or divestiture involving the separation of any of the generation, transmission, or distribution functions of T&D into separate entities or the divestiture of all or a major portion of the assets of T&D which serve any one of such functions, provided that the assignee of this Agreement must be capable of performing T&D’s obligations under this Agreement; (ii) any acquisition, consolidation, merger, or other form of combination of T&D by or with any person or entity; (iii) the purchase, lease or other acquisition (in one or a series of transactions) of all or substantially all of the assets of any other person or entity;