Common use of Assignment Clause in Contracts

Assignment. The purchase order shall not be assigned without the prior written consent of Purchaser, except in case of assignment to a subsidiary or affiliates of either party, or entity resulting from the merger of either party, or to a purchaser of all or substantially all of the assets of either party. However, the Purchaser prior written consent shall be required in case the assignment or transfer occurs to the benefit of a Purchaser’s competitor. For the purpose of the foregoing, any entity which design, manufacture or commercialize infrared detectors shall be deemed as a competitor.

Assignment. The purchase order shall not be assigned without the prior written consent of Purchaser, except in case of assignment that it may be assigned to a subsidiary subsidiaries or affiliates of either party, or entity resulting from the to any surviving corporation of a merger of by either party, or to a purchaser of all or substantially all of the assets of either party. However, the Purchaser prior written consent shall be required in case the assignment or transfer occurs to the benefit of a Purchaser’s competitor. For the purpose of the foregoing, any entity which design, manufacture or commercialize infrared detectors shall be deemed as a competitor.