Common use of MISCELANEA Clause in Contracts

MISCELANEA. 23.1 Changes. These GPC can only be changed in writing. 23.2 Severability. Should any of the clauses contained in these GPC turn out to be or become invalid or not effective, that shall not prejudice the validity or effectiveness of the remaining GPC. The Parties undertake to negotiate, in good faith, a clause superseding the invalid or non-effective clause. 23.3 No waiver. Any failure to exercise any rights or options provided for by these GPC does not constitute a waiver and shall never prevent the party in whose interest the right or option in question was provided for from exercising them. 23.4 Transfer. The Supplier is explicitly forbidden from transferring to third parties any of the rights and obligations arising from the GPC and from the individual Orders, without the prior written consent of Company. It is understood that Company retains the right to transfer the individual purchases and/or rights and/or obligations arising from the GPC or from the individual purchases to any parent company, subsidiary or company subject to the common control of Company's parent company; for a 23.5 Transfer of credit. Transfers of credit, special proxies for cashing and other kinds of payment delegation are never allowed.

Appears in 1 contract

Sources: Condizioni Generali Di Acquisto

MISCELANEA. 23.1 Changes. These GPC can only be changed in writing. 23.2 Severability. Should any of the clauses contained in these GPC turn out to be or become invalid or not effective, that shall not prejudice the validity or effectiveness of the remaining GPC. The Parties undertake to negotiate, in good faith, a clause superseding the invalid or non-effective clause. 23.3 No waiver. Any failure to exercise any rights or options provided for by these GPC does not constitute a waiver and shall never prevent the party in whose interest the right or option in question was provided for from exercising them. 23.4 Transfer. The Supplier is explicitly forbidden from transferring to third parties any of the rights and obligations arising from the GPC and from the individual Orders, without the prior written consent of Company. It is understood that Company retains the right to transfer the individual purchases and/or rights and/or obligations arising from the GPC or from the individual purchases to any parent company, subsidiary or company subject to the common control of Company's parent company; for aa definition of the term "control" please refer to art. 2359 of the Italian Civil Code. 23.5 Transfer of credit. Transfers of credit, special proxies for cashing and other kinds of payment delegation are never allowed.

Appears in 1 contract

Sources: Condizioni Generali Di Acquisto