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Article Four

No: 1/MSHT Date(g): 24/2/2013 | Date(h): 14/4/1434

Effective from Apr 19 2013 - Apr 18 2013
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The Lessor may assign his rights under the Contract without the consent of the Lessee, unless the Contract stipulates otherwise. Under all circumstances, the following shall be fulfilled in the event of assignment:

1.
 		The assignment shall not cause detriment to the Lessee.
 
2.
 		The assignment becomes effective on the date of its registration in the Contracts Register.
 
3.
 		The assignment does not relieve the Lessor from its obligations under the Contract.
 
4.
 		If the assignment results in change in the recipient of the lease payments, it shall be enforceable towards the Lessee only from the date of notifying the Lessee of the change.