Transfer of Interest in Agreement. No Party shall voluntarily assign or transfer this Agreement or any portion thereof, nor any of the obligations or rights hereunder, without the prior written consent and approval of the other Party, which consent shall not be unreasonably withheld or delayed.
Transfer of Interest in Agreement. The Purchaser has the right to assign its interest under this Agreement, in whole or in part, to the Trustee, as may be required to effect the purposes of the Pooling and Servicing Agreement, without the consent of the Seller, and the assignee shall succeed to the rights and obligations hereunder of the Purchaser. Any expense reasonably incurred by or on behalf of the Purchaser or the Trustee in connection with enforcing any obligations of the Seller under this Agreement will be promptly reimbursed by the Seller.
Transfer of Interest in Agreement. This Agreement shall inure to the benefit of, and be binding upon, any successor or assign of ERD Electric Utility and City (whether such succession or assignment is by voluntary transfer or operation of law). Customer shall not assign this Agreement or its rights or obligations hereunder without the prior written consent of City.
Transfer of Interest in Agreement. No Party shall voluntarily transfer its membership under this Agreement without the written consent and approval of all other Parties except to a Successor in Operation of such Party. With regard to the transfer of the rights and obligations of any Party associated with transactions under the Service Schedules, neither Party may assign such rights or obligations unless (a) the other Party provides its prior written consent which shall not be unreasonably withheld; or (b) the assignment is to a Successor in Operation which provides reasonable creditworthiness assurances (see Section 27 for examples of such assurances) if required by the non-assigning Party based upon its reasonably exercised discretion. Any successor or assignee of the rights of any Party, whether by voluntary transfer, judicial or foreclosure sale or otherwise, shall be subject to all the provisions and conditions of this Agreement and Confirmation Agreements (where applicable) to the same extent as though such successor or assignee were the original Party under this Agreement or the Confirmation Agreements, and no assignment or transfer of any rights under this Agreement or any Confirmation Issued by: Michael E. Small, General Counsel to Effective: September 1, 2002 Western Systems Power Pool Issued on: July 2, 2002 Western Systems Power Pool Original Sheet No. 27A Rate Schedule FERC No. 6 Agreement shall be effective unless and until the assignee or transferee agrees in writing to assume all of the obligations of the assignor or transferor and to be bound by all of the provisions and Issued by: Michael E. Small, General Counsel to Effective: September 1, 2002 Western Systems Power Pool Issued on: July 2, 2002 Western Systems Power Pool First Revised Sheet No. 28 Rate Schedule FERC No. 6 Superseding Original Sheet No. 28 conditions of this Agreement and any Confirmation Agreement (where applicable). The execution of a mortgage or trust deed or a judicial or foreclosure sale made thereunder shall not be deemed a voluntary transfer within the meaning of this Section 14.
Transfer of Interest in Agreement. No Party shall voluntarily transfer its membership under this Agreement without the written consent and approval of all other Parties except to a successor in operation of the applicable properties of such Party. With regard to the transfer of the rights and obligations of any Party associated with transactions under the Service Schedules, neither Party may assign such rights or obligations unless (a) the other Party provides its prior written consent which shall not be unreasonably withheld; or (b) the assignment is to a successor in operation whose creditworthiness is comparable to or higher than that of the assigning Party. Any successor or assignee of the rights of any Party, whether by voluntary transfer, judicial or foreclosure sale or otherwise, shall be subject to all the provisions and conditions of this Agreement and Confirmation Agreements (where applicable) to the same extent as though such successor or assignee were the original Party under this Agreement or the Confirmation Agreements, and no assignment or transfer of any rights under this Agreement or any Confirmation Agreement shall be effective unless and until the assignee or transferee agrees in writing to assume all of the obligations of the assignor or transferor and to be bound by all of the provisions and
Transfer of Interest in Agreement. No voluntary transfer of interest, rights, or obligations of any Party under this Agreement, shall be made without the written consent and approval of all other Parties except to a successor in operation of the System, or any component thereof. Written approval when required shall not be unreasonably withheld. Any successor or assignee of the rights of any Party, whether by voluntary transfer, judicial or foreclosure sale or otherwise, shall be subject to all the provisions and conditions of this Agreement, to the same extent as though such successor or assignee were the original Party hereunder, and no assignment or transfer of any rights hereunder shall be effective unless and until the assignee or transferee agrees in writing to assume all of the obligations of the assignor or transferor and to be bound by all of the provisions and conditions of this Agreement; provided, that the execution of a mortgage or trust deed or a judicial or foreclosure sale made thereunder, or if through the disposition by the Administrator of the RUS, shall not be deemed a voluntary transfer within the meaning of this Section 20. If, due to reorganization, sale/purchase, or other means, a Party changes its relationship to the SRSG, its membership(s) will be evaluated by the Executive Committee and any appropriate change in representation will be subject to approval of the Executive Committee.
Transfer of Interest in Agreement. No Party shall voluntarily transfer its membership under this Agreement without the written consent and approval of all other Parties except to a successor in operation of the applicable properties of such Party. With regard to the transfer of the rights and obligations of any Party associated with transactions under the Service Schedules, neither Party may assign such rights or obligations unless (a) the other Party provides its prior written consent which shall not be unreasonably withheld; or (b) the assignment is to a successor in operation whose creditworthiness is comparable to or higher than that of the assigning Party. Any successor or assignee of the rights of any Party, whether by voluntary transfer, judicial or foreclosure sale or otherwise, shall be subject to all the provisions and conditions of this Agreement and Confirmation Agreements (where applicable) to the same extent as though such successor or assignee were the original Party under this Agreement or the Confirmation Agreements, and no assignment or transfer of any rights under this Agreement or any Confirmation Agreement shall be effective unless and until the assignee or transferee agrees in writing to assume all of the obligations of the assignor or transferor and to be bound by all of the provisions and Issued by: Xxxxxxx X. Xxxxx, General Counsel to Effective: July 1, 2000 Western Systems Power Pool Issued on: September 29, 2000 Filed to comply with order of the Federal Energy Regulatory Commission, Docket Nos. ER00-3338, et al., issued September 15, 2000. -- ---
Transfer of Interest in Agreement. (a) Neither Party shall assign this Agreement or its rights hereunder without the prior written consent of the other Party, which consent shall not be unreasonably withheld; provided, however, either Party may, without the consent of the other Party (and without relieving itself from liability hereunder), (i) transfer, sell, pledge, encumber or assign this Agreement or the accounts, revenues or proceeds hereof in connection with any financing or other financial arrangements; (ii) transfer or assign this Agreement to an Affiliate of such party whose creditworthiness is equal to or higher than that of such Party; (iii) transfer or assign this Agreement to any person or entity succeeding to all or substantially all of the assets of the Facility whose creditworthiness is equal to or higher than that of such Party; (iv) transfer and assign all of its right, title and interest to this Agreement and the Fund to another governmental entity created or designated by law to carry out the rights, powers, duties and obligations of the Department under the Act; or (v) transfer or assign this Agreement to any Qualified Electric Corporation; provided, however, that in each such case, any such assignee shall agree in writing to be bound by the terms and conditions hereof, and so long as the transferring party delivers such tax and enforceability assurance as the non-transferring party may reasonably request.
Transfer of Interest in Agreement. (a) Neither party shall assign this Agreement or its rights hereunder without the prior written consent of the other party, which consent shall not be unreasonably withheld; provided, however, either party may, without the consent of the other party (and without relieving itself from liability hereunder, except as set forth in subsections (c) and (d)), (i) transfer, sell, pledge, encumber or assign this Agreement or the accounts, revenues or proceeds hereof in connection with any financing or other financial arrangements; (ii) transfer or assign this Agreement to an affiliate of such party; (iii) transfer or assign this Agreement to any person or entity succeeding to all or substantially all of the assets of the Generating Plant, whose creditworthiness is equal to or higher than that of such party;
Transfer of Interest in Agreement. (a) Neither party shall assign this Agreement or its rights hereunder without the prior written consent of the other party, which consent shall not be unreasonably withheld; provided, however, either party may, without the consent of the other party (and without relieving itself from liability hereunder), (i) transfer, sell, pledge, encumber or assign this Agreement or the accounts, revenues or proceeds hereof in connection with any financing or other financial arrangements; (ii) transfer or assign this Agreement to an affiliate of such party; (iii) transfer or assign this Agreement to any person or entity succeeding to all or substantially all of the assets of the Facility whose creditworthiness is equal to or higher than that of such party; (iv) transfer and assign all of its right, title and interest to this Agreement and the Fund to another governmental entity created or designated by law to carry out the rights, powers, duties and obligations of the Department under the Act; or
