Common use of Seller Assignment Clause in Contracts

Seller Assignment. Seller may assign all or any part of its rights and obligations under this Agreement, including its right to or any interest in the Aircraft or other thing to be delivered hereunder and its right to receive monies hereunder, to an affiliate of Seller. Notwithstanding any such assignment, Seller will remain fully and solely responsible to Buyer for all obligations and liabilities as the seller of the Aircraft and other things to be delivered hereunder, and Buyer will continue to deal exclusively with Seller.

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Willis Lease Finance Corp), Sale and Purchase Agreement (Willis Lease Finance Corp)