Common use of ASSIGNMENT AND TRANSFERS BY BANKS Clause in Contracts

ASSIGNMENT AND TRANSFERS BY BANKS. 30.3.1 Any Bank may, at any time, assign all or any of its rights and benefits hereunder or transfer in accordance with Clause 30.5 (Transfers by Banks) all or any of its rights, benefits and obligations hereunder to, or enter into any form of sub-participation agreement with, a bank or financial institution, provided that such Bank procures that the assignee or Transferee executes and delivers to the Agent an Intercreditor Accession Deed in the form attached to the Intercreditor Agreement.

Appears in 4 contracts

Samples: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc), Credit Agreement (NTL Inc/De/)

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ASSIGNMENT AND TRANSFERS BY BANKS. 30.3.1 31.3.1 Any Bank may, at any time, assign all or any of its rights and benefits hereunder or transfer in accordance with Clause 30.5 31.5 (Transfers by Banks) all or any of its rights, benefits and obligations hereunder to, or enter into any form of sub-participation agreement with, a bank or financial institution, provided that such Bank procures that the assignee or Transferee executes and delivers to the Agent an Intercreditor Accession Deed in the form attached to the Intercreditor Agreement.

Appears in 2 contracts

Samples: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)

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ASSIGNMENT AND TRANSFERS BY BANKS. 30.3.1 35.3.1 Any Bank may, at any time, assign all or any of its rights and benefits hereunder or transfer in accordance with Clause 30.5 35.5 (Transfers by Banks) all or any of its rights, benefits and obligations hereunder to, or enter into any form of sub-participation agreement with, a bank or financial institution, provided that such Bank procures that the assignee or Transferee executes and delivers to the Agent an Intercreditor Accession Deed in the form attached to the Intercreditor Agreement.

Appears in 1 contract

Samples: NTL Inc/De/

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