Assignment. The Contractor will not sell, assign, or transfer any of its rights, duties, or obligations under the Contract without the prior written consent of the Department. However, the Contractor may waive its right to receive payment and assign same upon notice to the Department. In the event of any assignment, the Contractor remains responsible for performance of the Contract, unless ...
Notice of Assignment Sample Clauses: 1k Samples
Notice of Assignment. The Assignor hereby gives notice of the assignment and assumption of the Assigned Accommodations and the Assigned Commitment to the Agent and hereby instructs the Borrower to make payments with respect to the Assigned Accommodations and the Assigned Commitment directly to the Agent for the benefit of the Assignee as provided in the Loan Agreement; provided, however, that ...
Assignment Clause: Meaning & Samples (2022)
Assignment clauses are legally binding provisions in contracts that give a party the chance to engage in a transfer of ownership or assign their contractual obligations and rights to a different contracting party. ... upon prior written notice to Seller, Purchaser may designate any Affiliate as its nominee to receive title to the Property, or ...
Examples of assignment clauses in contracts
Clauses / Assignment Assignment clause samples Assignment. Assignor assigns to Assignee all of Assignor's right, title, and interest in and to the Purchase Agreement, as amended. 03/25/2020 (Lodging Fund REIT III, Inc.) ... Operator will give prompt notice to Owner of any such assignment. Operator may, with the consent of Owner not to be ...
Assignments Contract Clause Examples
Assignments.Neither the Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other; other party; provided, however, that the Company may assign its rights and obligations under this Agreement without the consent of Executive to a successor to substantially all of the Executive ...
ASSIGNMENT NOTICE Sample Clauses: 115 Samples
ASSIGNMENT NOTICE. Reference is made to (1) the Loan, Guaranty and Security Agreement dated as of March 31, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the "Loan Agreement"), among PARAMETRIC SOUND CORPORATION, a Nevada corporation ("Parametric"), VOYETRA TURTLE BEACH, INC., a Delaware corporation ("Voyetra"; and together with Parametric ...
What Is an Assignment Clause?
An assignment clause is a contractual provision that enables one party to transfer their rights, obligations, or interests to another party, allowing for greater flexibility in managing contractual relationships. ... Assignment clauses often stipulate specific notice and disclosure requirements that must be fulfilled by the assigning party to ...
Assignment of Rights Contract Clause Examples
Assignment of Rights.The rights under this Agreement shall be automatically assignable by the Holders to any transferee of all or any portion of such Holder's Registrable Securities if: (i) the Holder agrees in writing with the transferee or assignee to assign such rights, and a copy of such agreement is furnished to the Company within a reasonable time promptly after such assignment; (ii) the ...
Know the Law: When is an "Assignment" Clause Worth Fighting For
Other times, assignment clauses allow for free assignment only to certain persons or entities, such as the vendor's subsidiaries and affiliates, provided that the vendor gives you notice of such permitted assignment. Another option is to allow for assignment by the vendor provided that it guaranties the assignee's performance. Consider ...
Understanding Assignment Clauses in Contracts
Notice Requirements: Assignment clauses often include provisions regarding notice requirements. These stipulate that the assignor must inform the other party or parties involved in the contract about the assignment, providing transparency and an opportunity for objection if necessary.
COMMENTS
Assignment. The Contractor will not sell, assign, or transfer any of its rights, duties, or obligations under the Contract without the prior written consent of the Department. However, the Contractor may waive its right to receive payment and assign same upon notice to the Department. In the event of any assignment, the Contractor remains responsible for performance of the Contract, unless ...
Notice of Assignment. The Assignor hereby gives notice of the assignment and assumption of the Assigned Accommodations and the Assigned Commitment to the Agent and hereby instructs the Borrower to make payments with respect to the Assigned Accommodations and the Assigned Commitment directly to the Agent for the benefit of the Assignee as provided in the Loan Agreement; provided, however, that ...
Assignment clauses are legally binding provisions in contracts that give a party the chance to engage in a transfer of ownership or assign their contractual obligations and rights to a different contracting party. ... upon prior written notice to Seller, Purchaser may designate any Affiliate as its nominee to receive title to the Property, or ...
Clauses / Assignment Assignment clause samples Assignment. Assignor assigns to Assignee all of Assignor's right, title, and interest in and to the Purchase Agreement, as amended. 03/25/2020 (Lodging Fund REIT III, Inc.) ... Operator will give prompt notice to Owner of any such assignment. Operator may, with the consent of Owner not to be ...
Assignments.Neither the Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other; other party; provided, however, that the Company may assign its rights and obligations under this Agreement without the consent of Executive to a successor to substantially all of the Executive ...
ASSIGNMENT NOTICE. Reference is made to (1) the Loan, Guaranty and Security Agreement dated as of March 31, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the "Loan Agreement"), among PARAMETRIC SOUND CORPORATION, a Nevada corporation ("Parametric"), VOYETRA TURTLE BEACH, INC., a Delaware corporation ("Voyetra"; and together with Parametric ...
An assignment clause is a contractual provision that enables one party to transfer their rights, obligations, or interests to another party, allowing for greater flexibility in managing contractual relationships. ... Assignment clauses often stipulate specific notice and disclosure requirements that must be fulfilled by the assigning party to ...
Assignment of Rights.The rights under this Agreement shall be automatically assignable by the Holders to any transferee of all or any portion of such Holder's Registrable Securities if: (i) the Holder agrees in writing with the transferee or assignee to assign such rights, and a copy of such agreement is furnished to the Company within a reasonable time promptly after such assignment; (ii) the ...
Other times, assignment clauses allow for free assignment only to certain persons or entities, such as the vendor's subsidiaries and affiliates, provided that the vendor gives you notice of such permitted assignment. Another option is to allow for assignment by the vendor provided that it guaranties the assignee's performance. Consider ...
Notice Requirements: Assignment clauses often include provisions regarding notice requirements. These stipulate that the assignor must inform the other party or parties involved in the contract about the assignment, providing transparency and an opportunity for objection if necessary.