Assignment to a Non-Affiliate Sample Clauses

Assignment to a Non-Affiliate during Exploration Period in case Licensee as- signs in whole or in part it’s rights, privileges, duties and obligations to any as- signee other than an Affiliate Company of the same Licensee or member, Licensee shall pay to the Director General the sum equivalent to thirty percent (30%), val- ued in US Dollars, of the total financial commitment of the Exploration phase dur- ing which the assignment is made and according to the assigned percentage or an Assignment Fee of One Million United States Dollars (US$1,000,000.00) which- ever is greater.
Sample 1
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Assignment to a Non-Affiliate during Development or Production Period in case Licensee assigns in whole or in part it’s rights, privileges, duties and obliga- tions to any assignee other than an Affiliate Company of the same Licensee or member, Licensee shall pay to the Director General the sum equivalent to ten per- cent (10%), valued in US Dollars, of the value of each Assignment Deal as fol- lows: The financial value to be paid by the Assignee to the Assignor; or The fi- nancial value of shares or stocks to be exchanged between the Assignor and the Assignee; or The financial commitments for technical programs; or the financial value of the reserves, to be swapped between the assignor and the assignee from the Development areas; or any other type of deal to be declared – Or an assign- ment Fee of Xxx Xxxxxxx Xxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars (US$1,500,000.00), whichever is greater. Upon written notice to the Director General, assignee, whether Affiliate or Non-Affiliate, with participating interest in the Contract shall freely increase or decrease such interest without payment of fur- ther Assignment fees as stipulated in Article 26.5.
Sample 1

Related to Assignment to a Non-Affiliate

  • Assignment or Sub-Contracting The terms, covenants, and conditions contained herein shall apply to and bind the heirs, successors, executors, administrators and assigns of the Parties. Furthermore, neither the performance of this Contract nor any portion thereof may be assigned or sub-contracted by Contractor without the express written consent of County. Any attempt by Contractor to assign or sub-contract the performance or any portion thereof of this Contract without the express written consent of County shall be invalid and shall constitute a breach of this Contract.

  • ASSIGNMENT/SUB-CONTRACTING The Contractor agrees that he will not sell, assign or transfer this Agreement or any part thereof or interest therein without the prior written consent of the Owner.

  • Disclosure upon assignment and novation You hereby consent, in connection with any, or any proposed, novation, assignment, transfer or sale of any of our rights and/or obligations with respect to or in connection with your card account(s) and any facilities and services available in connection with the card to any novatee, assignee, transferee, purchaser or any other person participating or otherwise involved in such, or such proposed, transaction, to the disclosure, to any such person, by us, of any and all information relating to you, your card account(s) with us, this agreement and any security, guarantee and assurance provided to secure your obligations thereunder and any other information whatsoever which may be required in relation thereto.

  • Assignment of Contract A. Unless expressly agreed to elsewhere in the Contract, no assignment by a party hereto of any rights under or interests in the Contract will be binding on another party hereto without the written consent of the party sought to be bound; and, specifically but without limitation, money that may become due and money that is due may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by law), and unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under the Contract Documents.

  • Acting Assignment Pay 181. Employees assigned by the Appointing Officer or its designee to perform a substantial portion of the duties and responsibilities of a higher classification shall receive compensation at a higher salary if all of the following conditions are met:

  • ASSIGNMENT LIMITATION This Contract shall be binding upon and inure to the benefit of the parties and their successors and assigns; provided, however, that neither party shall assign its obligations hereunder without the prior written consent of the other.

  • Assignment Pay Assignment pay is a premium added to the base salary and is intended to be used only as long as the skills, duties or circumstances it is based on are in effect. The Employer may grant assignment pay to a position to recognize specialized skills, assigned duties, and/or unique circumstances that exceed the ordinary. The Employer determines which positions qualify for the premium. The Employer will give the Union notice in accordance with Article 34, Mandatory Subjects.

  • SPECIAL TEACHING ASSIGNMENTS A. Assignments for the Adult Education, Driver Education and Summer School Program will be made by the Board on the basis of preference to teachers possessing permanent teaching certificates regularly employed in the district during the normal school year.

  • Teaching Assignment For teaching faculty, the teaching assignment will be one or a combination of programs, courses, or student originated studies offerings (all of which are collectively referred to as “academic offerings” below). For full-time faculty the normal teaching assignment will be a program. For part-time faculty the normal assignment is either a program and/or course(s), depending on the terms of their contract. In addition, faculty may support individual learning contracts.

  • Permitted assignment and charges The restraints set forth in Clause 36.1 shall not apply to:

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