Rhode Island Consent to Assignment

State:
Multi-State
Control #:
US-OG-486
Format:
Word; 
Rich Text
Instant download

Description

This provision provides that the assignee agrees not to assign, either in whole or in part, the interests in leases and lands acquired in the assignment, or in the oil or gas to be produced for the leases and lands without the written consent of assignor.

How to fill out Consent To Assignment?

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FAQ

Notwithstanding any other provision of this Agreement, each party hereto hereby consents to the assignment, grant, pledge, conveyance and transfer by the other party hereto, for the benefit of any lender, agent or other secured party under any financing arrangement to which the Partnership is a party, of a lien, ...

Consent to assignment refers to allowing a party of a contract to assign a contract and move the obligations to another party. The party of the existing contract, known as the assignor, will pass on the contract to another party, known as the assignee.

Under contract law, assignment of a contract is both: (1) an assignment of rights; and (2) a delegation of duties, in the absence of evidence otherwise. For example, if A contracts with B to teach B guitar for $50, A can assign this contract to C.

For example, 'A' gets a contract to cut the grass from 'B's garden. 'A' might delegate the work to 'C' without actually assigning the contract to him. But 'A' will still control the work and receive the payment.

For value received, I, _______________________________ as assignor, herby transfer and assign to __________________________________________, as assignee, his heirs and assigns, all rights and interest in that contract between ________________________________________, seller, and assignor ...

A form of landlord's consent favoring the tenant. This form of consent is used when a tenant requests the landlord's consent for an assignment of its lease and the landlord agrees to grant its consent.

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Rhode Island Consent to Assignment