Common use of Assignment; Subcontractors Clause in Contracts

Assignment; Subcontractors. A. Except as provided in this Article, neither Party shall assign this Contract or any right or interest under this Contract, nor delegate any work or obligation to be performed under this Contract ("Assignment"), without the other Party's prior written consent which shall not be unreasonably withheld (it being understood that it shall be deemed to be reasonable to withhold consent to the assignment of this Contract or any rights, interest or obligations hereunder to a competitor of Contractor or an affiliate of a competitor or uncreditworthy party). Nothing herein shall preclude a Party from employing a subcontractor in carrying out its obligations under this Contract. A Party's use of such subcontractor shall not release the Party from its obligations or liability (including warranties) under this Contract. If a proposed subcontractor of major equipment (i.e., equipment listed on Exhibit E) is not listed on Exhibit E hereto, Contractor shall obtain approval thereof from Purchaser, which approval shall not be unreasonably withheld. Purchaser and Contractor shall agree on the form and substance of Exhibit E by May 1, 1998.

Appears in 3 contracts

Samples: Global Crossing LTD, Global Crossing LTD, Global Crossing LTD

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Assignment; Subcontractors. A. Except as provided in this Article, neither Party shall assign this Contract or any right or interest under this Contract, nor delegate any work or obligation to be performed under this Contract ("Assignment"), without the other Party's prior written consent which shall not be unreasonably withheld (it being understood that it shall be deemed to be reasonable to withhold consent to the assignment of this Contract or any rights, interest or 64 60 obligations hereunder to a competitor of Contractor or an affiliate of a competitor or uncreditworthy party). Nothing herein shall preclude a Party from employing a subcontractor in carrying out its obligations under this Contract. A Party's use of such subcontractor shall not release the Party from its obligations or liability (including warranties) under this Contract. If a proposed subcontractor of major equipment (i.e., equipment listed on Exhibit E) is not listed on Exhibit E hereto, Contractor shall obtain approval thereof from Purchaser, which approval shall not be unreasonably withheld. Purchaser and Contractor shall agree on the form and substance of Exhibit E by May 1, 1998.

Appears in 2 contracts

Samples: Consent and Agreement (Asia Global Crossing LTD), Asia Global Crossing LTD

Assignment; Subcontractors. A. Except as provided in this Article, neither Party shall assign this Contract or any right or interest under this Contract, nor delegate any work or obligation to be performed under this Contract ("Assignment"), without the other Party's prior written consent which shall not be unreasonably withheld (it being understood that it shall be deemed to be reasonable to withhold consent to the assignment of this Contract or any rights, interest or obligations hereunder to a competitor of Contractor or an affiliate of a competitor or uncreditworthy party). Nothing herein shall preclude a Party from employing a subcontractor in carrying out its obligations under this Contract. A Party's use of such subcontractor shall not release the Party from its obligations or liability (including warranties) under this Contract. If a proposed subcontractor of major equipment Supplies (i.e., equipment i.e. Supplies listed on Exhibit EI) is not listed on Exhibit E I hereto, Contractor shall obtain approval thereof from Purchaser, which approval shall not be unreasonably withheld. Purchaser and Contractor shall agree on the form and substance of Exhibit E by May 1, 1998.

Appears in 2 contracts

Samples: Development and Construction Contract (Global Crossing LTD), Development and Construction Contract (Global Crossing LTD)

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Assignment; Subcontractors. A. Except as provided in this Article, neither Party shall assign this Contract or any right or interest under this Contract, nor delegate any work or obligation to be performed under this Contract ("Assignment"), without the other Party's prior written consent which shall not be unreasonably withheld (it being understood that it shall be deemed to be reasonable to withhold consent to the assignment of this Contract or any rights, interest or obligations hereunder to a competitor of Contractor or an affiliate of a competitor or uncreditworthy party). Nothing herein shall preclude a Party from employing a subcontractor in carrying out its obligations under this Contract. A Party's use of such subcontractor shall not release the Party from its obligations or liability (including warranties) under this Contract. If a proposed subcontractor of major equipment (i.e., equipment listed on Exhibit E) is not listed on Exhibit E hereto, Contractor shall obtain approval thereof from Purchaser, which approval shall not be unreasonably withheld. Purchaser and Contractor shall agree on the form and substance of Exhibit E by May 1, 1998.

Appears in 1 contract

Samples: Global Crossing LTD

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