Assignment by Agent Sample Clauses

Assignment by Agent. The Agent may assign its rights and obligations hereunder to any other corporation resident in Canada authorized to assume and discharge the obligations of the Agent hereunder and under the Applicable Laws.

Assignment by Agent. The Agent, in its own capacity and not as agent for the Senior Lenders, may assign or transfer its rights and obligations under this Agreement to a successor Agent in its own capacity and not as agent for the Senior Lenders, in accordance with the Senior Financing Agreements without the consent of the Authority provided that the Agent delivers to the Authority not less than 10 Business Days prior to such assignment or transfer a notice setting out such contact information regarding the assignee or transferee as the Authority may reasonably require and provided the assignee or transferee is not a Restricted Person. For purposes of this Section 10.2, the definition of Restricted Person will not include sub-paragraph (d) of that definition.

Assignment by Agent. The Agent may assign its rights and obligations hereunder to any other corporation resident in Canada, approved by the Canada Revenue Agency and any other applicable authority, and authorized to assume and discharge the obligations of the Agent under the Account, provided that such corporation shall execute any agreement which is necessary or advisable for the purpose of assuming such rights and obligations and further provided that no such assignment may be made without prior written consent of the Trustee, which consent may not be unreasonably withheld.

Assignment by Agent. Agent shall not sell, assign, transfer or otherwise dispose of its rights or delegate its obligations under this Lease to any other Person except as permitted or required by the Participation Agreement.

Assignment by Agent. The Agent may at any time assign or otherwise transfer all or any portion of its rights and obligations under this Agreement and the other Loan Documents (including, without limitation, the Indebtedness) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Agent herein or otherwise.

Assignment by Agent. This Guaranty is for the benefit of Agent and Lxxxxx and their successors and assigns, and in the event of an assignment of the Guaranteed Obligations of Borrower, or any part thereof, the rights and benefits hereunder, to the extent applicable to the Guaranteed Obligations of Borrower so assigned, may be transferred with such Guaranteed Obligations of Borrower. Each Guarantor waives notice of any transfer or assignment of the Guaranteed Obligations of Borrower, or any part thereof, and agrees that failure to give notice will not affect the liabilities of Guarantor hereunder.

Assignment by Agent. The Agent may assign all of its interest in this Agreement and its rights hereunder to any other strata property brokerage, provided such assignee is a licensed strata property agent and covenants with the Strata Corporation to observe and perform the obligations of the Agent hereunder.

Assignment by Agent. The Agent may assign or transfer all of its rights and obligations under this Agreement to a successor Agent in accordance with the Senior Lending Agreements without the consent of the Province provided that the Agent delivers to the Province not less than 10 Business Days prior to such assignment or transfer a notice setting out such contact information regarding the assignee or transferee as the Province may reasonably require. Upon any such assignment or transfer, (a) the Agent shall be released from all obligations and liabilities under this Agreement that have been so assigned or transferred; (b) the successor Agent and all other parties hereto shall have the same rights and obligations among themselves as they would have had if the successor Agent had been an original party to this Agreement; and (c) this Agreement shall be construed as if all references to the former Agent were replaced by references to the successor Agent. The Province and Project Co shall, upon request by the successor Agent, enter into a new lenders’ remedies agreement with the successor Agent on substantially the same terms as this Agreement.

Assignment by Agent. The Agent may assign its rights and obligations under this Agreement only: (a) with the prior written consent of Investors holding Notes having an aggregate principal amount of at least 50% of the aggregate principal amount of the Notes held by all of the Investors; and (b) if the assignee executes an instrument in writing acknowledging that it is bound by the terms of this Agreement, which consent and instrument shall be delivered by the assigning Agent to the Borrower and each Investor prior to the assignment taking effect.

Assignment by Agent. In connection with any transaction contemplated under this Section, Borrower authorizes Agent to disclose to any relevant party any and all financial information in such Bank’s possession concerning Borrower and the Property which has been delivered to Agent by or on behalf of Borrower pursuant to this Agreement or any other Loan Document or which has been delivered to Agent by or on behalf of Borrower or any Guarantors, Borrower Party, or other Borrower Party in connection with Agent’s credit evaluation of Borrower prior to becoming a party to this Agreement. Nothing herein shall prohibit Agent from pledging or assigning any of its rights under the Note to any Federal Reserve Bank in accordance with applicable law.