No assignment: Difference between revisions

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{{boileranat|no assignment|{{subtable|Sample non-assignment clause:<br>
{{boileranat|no assignment|}}Classic bit of [[finance boilerplate]], which you see cropping up unbidden, unwanted and unwarranted in regular contracts too.  
“Party A may not assign its rights hereunder or any interest herein or under any other contract without Party B’s [[prior written consent]].”}}|}}Classic bit of [[finance boilerplate]], which you see cropping up unbidden, unwanted and unwarranted in regular contracts too.  


Part of “finance contract envy” that all “[[muggle eagles]]” have.
Part of “finance contract envy” that all “[[muggle eagles]]” have.


{{no assignment capsule}}
{{no assignment capsule}}
===Drafting points===
Be careful not to over-complicate the process of assignment without good reason. Given an assignment is, by definition, a granting of rights and not obligations, it should not really behove the person obliged to perform those rights to have too much control over how their beneficiary exercises or deals with them. Consent, sure — but does it really need to be written?
{{sa}}
{{sa}}
*[[finance boilerplate]]
*[[finance boilerplate]]
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{{ref}}