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Green Business Certification Inc.: Change of Owner Agreement

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Thillu

1. This document is a Change of Owner Agreement between an original Owner and new Assignee for a green building certification project. It transfers the original Owner's rights and responsibilities under the Project Certification Agreement to the new Assignee. 2. The Assignee accepts assignment of the original agreement and assumes the obligations and duties within. GBCI will recognize the Assignee as taking the place of the original Owner. 3. The Assignment applies specifically to the named Project and original Owner. It does not affect any other parties under the original agreement. The Assignment is not valid until accepted by GBCI in writing.

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© All Rights Reserved
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Green Business Certification Inc.: Change of Owner Agreement

Uploaded by

Thillu
34 views1 page
1. This document is a Change of Owner Agreement between an original Owner and new Assignee for a green building certification project. It transfers the original Owner's rights and responsibilities under the Project Certification Agreement to the new Assignee. 2. The Assignee accepts assignment of the original agreement and assumes the obligations and duties within. GBCI will recognize the Assignee as taking the place of the original Owner. 3. The Assignment applies specifically to the named Project and original Owner. It does not affect any other parties under the original agreement. The Assignment is not valid until accepted by GBCI in writing.

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change-of-owner

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1. This document is a Change of Owner Agreement between an original Owner and new Assignee for a green building certification project. It transfers the original Owner's rights and responsibilities under the Project Certification Agreement to the new Assignee. 2. The Assignee accepts assignment of the original agreement and assumes the obligations and duties within. GBCI will recognize the Assignee as taking the place of the original Owner. 3. The Assignment applies specifically to the named Project and original Owner. It does not affect any other parties under the original agreement. The Assignment is not valid until accepted by GBCI in writing.

Copyright:

© All Rights Reserved
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
34 views1 page

Green Business Certification Inc.: Change of Owner Agreement

Uploaded by

Thillu
1. This document is a Change of Owner Agreement between an original Owner and new Assignee for a green building certification project. It transfers the original Owner's rights and responsibilities under the Project Certification Agreement to the new Assignee. 2. The Assignee accepts assignment of the original agreement and assumes the obligations and duties within. GBCI will recognize the Assignee as taking the place of the original Owner. 3. The Assignment applies specifically to the named Project and original Owner. It does not affect any other parties under the original agreement. The Assignment is not valid until accepted by GBCI in writing.

Copyright:

© All Rights Reserved
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
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Green Business Certification Inc.

™
®
CHANGE OF OWNER AGREEMENT

This Change of Owner Agreement (this “Assignment”), made by and between Owner and Assignee (defined below), will be effective upon the occurrence of both GBCI’s
receipt of an executed copy of the same via upload to the Project Details page within the Application and your receipt of written notice from GBCI that this Assignment
has been received and accepted. This Assignment shall transfer Owner’s rights, title, and interest, and delegate Owner’s obligations, responsibilities, and duties under the
GBCI Project Certification Agreement (the “Agreement”), entered into by and between GBCI and Owner, to Assignee with respect to the Project. All capitalized terms
used in this Assignment and not defined herein have the respective meanings ascribed in the Agreement. In consideration of the mutual covenants set forth in this
Assignment and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties agree as follows:

1. SCOPE OF ASSIGNMENT. Owner assigns all its rights, title, and interest, and delegates Owner’s obligations, responsibilities, and duties, in and to the Agreement,
to Assignee. Assignee accepts this assignment and agrees to perform these obligations, responsibilities, and duties. GBCI will recognize Assignee as Owner’s successor
in interest to the Agreement, and GBCI and Assignee shall be bound by the terms of the Agreement in every way as if Assignee was named in the Agreement. In
consideration of GBCI accepting this Assignment, Owner agrees to discharge and release GBCI from any and all obligations to Owner, and waives any and all rights
and/or claims it may have against GBCI effective as of GBCI’s acceptance of this Assignment.

Without limiting the foregoing, Assignee acknowledges that all submissions and representations made by Owner in the Application, including without limitation, those
made on Owner’s behalf, shall, as between Assignee and GBCI, be deemed the submissions and representations of Assignee, and all access to the Application and the
Project Information contained therein shall be terminated with respect to Owner and transferred to Assignee.

Regardless of anything to the contrary in this Assignment, Owner will continue to be bound those clauses obligating Owner to defend and indemnify GBCI from any and
all Claims resulting from Owner’s performance prior to this Assignment.
2. PROJECT. This Assignment is effective for the “Project” (as defined in the Agreement) and identified below:

(Project Name) (ID Number)

3. PROGRAM [insert drop-down


Please select menu to select
the appropriate program]
program

4. OWNER. As used herein, the term “Owner” refers to the party identified below; provided however, if multiple parties constitute an
Owner as defined in the Agreement, this Assignment only applies to the specific party identified below, and the Agreement remains unaffected with respect to all
other Owners.

(Name of Owner) (Owner’s Representative – If Owner is an Organization)

(Address)

(City) (State) (Zip Code) (Email)

5. ASSIGNEE. As used herein, the term “Assignee” refers to the party that meets the definition of Owner in the Agreement and is identified below:

(Assignee) (Assignee’s Representative - If Assignee is an Organization)

(Address)

(City) (State) (Zip Code) (Email)

6. AUTHORITY. The parties represent and warrant that the execution of this Assignment is within their respective organizational powers, and that such execution
and performance has been duly authorized by all necessary action, corporate or otherwise, does not require any consent of or filing with any third person or
governmental body or agency, and does not violate: i) any law, judgment, or order; ii) the parties’ organizational documents; or iii) any material agreement with
any third parties. Each of the parties hereto have executed this Assignment by their duly authorized representatives.
IN WITNESS WHEREOF, Owner and Assignee consent to all the provisions of this Assignment. This Assignment is not valid unless accepted by GBCI, in GBCI’s
sole discretion, as evidenced by written notice.

OWNER: ASSIGNEE:

(Signature for Owner) (Date) (Signature for Assignee) (Date)

(Name/Title) (Name/Title)

This Assignment must be submitted to GBCI within the Application. To access the page, log into the Application for the Project. For assistance completing or submitting this
Confirmation, please contact GBCI via the technical customer service contact form available at www.gbci.org/contactus.

GBCI_COO_12012016

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