Common use of Unit Assignment Clause in Contracts

Unit Assignment. Customer may request that OMU assign Unit(s) to another individual or entity provided such assignee is an OMU electric customer eligible to use the Unit(s). Customer will notify OMU of such proposed change or assignment in writing at least thirty (30) days prior to the effective date of such change. Notice shall include: a. Customer’s name and mailing address; b. The current service address and account number; c. The service address and account number of the proposed assignee; d. The name of the individual or entity to whom Customer is assigning this Agreement and; e. The proposed effective date of such change or assignment. OMU will determine if the proposed assignee is eligible to receive the Unit(s) and if so will implement the change within thirty (30) days of Customer’s notice. Assignee must then agree in writing, on an Assignment Form available at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇, to be bound by the terms of the original Agreement. If the proposed assignee is not eligible, in whole or in part, to receive the Unit(s), OMU will notify Customer, and if an eligible assignee is not identified by Customer, OMU will repurchase the applicable Unit(s).