Arizona Assignment and Delegation Provisions - The Anti-Assignment Clause

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US-ND0311
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This form provides boilerplate contract clauses that prohibit or restrict assignments or other delegation of rights under a contract. Several different language options representing various levels of restriction are included to suit individual needs and circumstances.

Arizona Assignment and Delegation Provisions — The Anti-Assignment Clause is a legal provision that limits or prohibits the transfer of rights, liabilities, or obligations under a contract to a third party. This clause is commonly used to protect the parties involved from unexpected or undesired assignments that may compromise the original contractual intent. In Arizona, the Anti-Assignment Clause is an essential component of many contracts, especially those involving sensitive or confidential information, intellectual property, or unique services. The purpose of this clause is to safeguard the interests of the contracting parties and ensure that only the intended parties are bound by the contractual obligations. There are various types of Anti-Assignment Clauses that can be found in Arizona assignment and delegation provisions. Some common types include: 1. Absolute Anti-Assignment Clause: This type of clause completely prohibits any form of assignment or delegation of rights, liabilities, or obligations under the contract. It disallows the contracting parties from transferring their rights or obligations to any third party without the explicit consent of the other party. 2. Qualified Anti-Assignment Clause: Here, the clause permits assignment or delegation of rights, liabilities, or obligations, but there are certain conditions or restrictions attached. For example, the clause may allow assignment only with the prior written consent of the non-assigning party or upon the fulfillment of specific conditions mentioned in the contract. 3. Anti-Assignment Clause with Exceptions: This type of clause prohibits most assignments, except for a few specific circumstances or exceptions stated within the contract. These exceptions could include assignments to affiliates, successors, or a party's lenders, provided certain conditions are met. It is important to note that the enforceability of the Anti-Assignment Clause may vary depending on the specific contract and the laws of the jurisdiction. In some cases, certain rights, such as the right to receive payments, may be exempt from the clause. In Arizona, individuals and businesses entering into contracts are advised to consult with legal professionals to ensure the inclusion of appropriate Anti-Assignment Clauses that align with their specific needs and objectives. Additionally, these clauses should be drafted carefully to prevent any ambiguity or confusion surrounding the assignment or delegation of rights, liabilities, or obligations.

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The Pledgee shall have full power to delegate (either generally or specifically) the powers, authorities and discretions conferred on it by this Agreement on such terms and conditions as it shall see fit. The Pledgee shall only remain liable for diligently selecting and providing initial instructions to such delegate.

(1) A party may perform his duty through a delegate unless otherwise agreed or unless the other party has a substantial interest in having his original promisor perform or control the acts required by the contract.

Most commercial contracts end with a clause, ?Neither this Agreement nor any of the rights, interests or obligations under the Agreement shall be assigned, in whole or in part, by operation of law or otherwise by either party without the prior written consent of the other party.? This is the anti-assignment clause that ...

No Party party hereto shall assign this Agreement or any part hereof without the prior written consent of the other Parties. parties. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Parties parties hereto and their respective permitted successors and assigns.

?The Buyer reserves the right to assign this contract in whole or in part to any third party without further notice to the Seller; said assignment not to relieve the Buyer from his or her obligation to complete the terms and conditions of this contract should be assigning default.?

This may read something like this: ?Neither party may assign or delegate this agreement or its rights or obligations under this agreement without the prior written consent of the other party, whose consent shall not be unreasonably withheld or delayed.

A Standard Clause, also known as an anti-assignment and anti-delegation clause, that provides for a contractual limitation on the assignability of contractual rights and the delegation of contractual duties.

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An agreement's assignment and delegation provision is a compromise between competing business interests. Each party wants to be able to freely assign its rights ... This form provides boilerplate contract clauses that prohibit or restrict assignments or other delegation of rights under a contract.Dec 1, 2017 — An assignment and delegation provision is the clause that specifies a party's ability to assign its rights or delegate its duties under an ... This form provides boilerplate contract clauses that outline requirements or otherwise restrict any delegation of performance under a contract. A contract provision prohibiting or restricting an assignment may be waived, or a party may so act as to be estopped from objecting to the assignment, such as ... Jul 1, 2013 — Assignment and Delegation. The Contractor shall not assign any right nor delegate any duty under this Contract without the prior written ... Jul 22, 2020 — Include a clause such as, “Neither party may assign or delegate this agreement or its rights or obligations under this agreement without the ... 2005 Arizona Revised Statutes - Revised Statutes §47-2210 Delegation of performance; assignment of rights. A. A party may perform his duty through a delegate ... Jun 23, 2011 — Koncision's confidentiality-agreement template uses a bare-bones no-assignment provision that doesn't get into by-operation-of-law territory, so ... by A Ritchie · Cited by 3 — Sample 2.4: Anti-Assignment/Delegation Provision with Continued Liability. S2.4. Assignment and Delegation. (a) Except as provided in Section S2.4(b), neither ...

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Arizona Assignment and Delegation Provisions - The Anti-Assignment Clause