| Commentary

41.10 Permitted assignment

| Commentary

41.10 Permitted assignment

It is unusual for both parties to an agreement to be allowed simply to assign their interests under it without the other party’s consent, as this might result in a considerable loss of control over the performance of the contract. It is more usual to make limited provision for assignment along these lines:

‘Neither of the parties to this agreement shall be entitled to assign this agreement or any of its rights and obligations under it except with the approval in writing of the other party and on terms that the assignee shall covenant with that other

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