Assignment by Lender. Lender's rights under this agreement may be assigned in connection with any assignment or transfer of any senior debt.
Assignment by Lender. The Lender may assign all or any of the rights and interests which it has under or by virtue of the Finance Documents without the consent of the Borrower.
Assignment by Lender. This Guaranty is assignable by Lender in whole or in part in conjunction with any assignment of the Note or portions thereof, and any assignment hereof or any transfer or assignment of the Note or portions thereof by Lender shall operate to vest in any such assignee the rights and powers, in whole or in part, as appropriate, herein conferred upon and granted to Lender.
Assignment by Lender. In connection with any sale, assignment or transfer of the Loan, Lender may sell, assign or transfer this Guaranty and all or any of its rights, privileges, interests and remedies hereunder to any other person or entity whatsoever without notice to or consent by Guarantor, and in such event the assignee shall be entitled to the benefits of this Guaranty and to exercise all rights, interests and remedies as fully as Lender.
Assignment by Lender. Any Lender may, at any time and from time to time assign or otherwise transfer all or part of its Lender's Commitment hereunder to any other bank or financial institution having a long term unsecured debt rating of AA (low) or higher or a short term unsecured debt rating of R-1 (middle) or higher (or the equivalent ratings) by the Rating Agency with the prior written consent of the Liquidity Agent and the Trust, which consents shall not be unreasonably withheld, provided that any assignment of a Lender's Commitment shall be in an amount not less than Cdn. $10,000,000 or the Equivalent Amount in United States Dollars and shall be accompanied by a simultaneous assignment to the assignee of the same proportion of aggregate amount of Notes, if any, held by the assigning Lender. Any such assignment or transfer shall become effective when the Trust and the Liquidity Agent have received written notice thereof, the requisite consents thereto have been given by the Trust and the Liquidity Agent, the Rating Agency shall have confirmed that the proposed assignment or transfer will not result in a downgrade or withdrawal of the rating of the Notes at such time and the Trust and the Liquidity Agent shall have received from the assignee Lender an undertaking (addressed to all the parties to this agreement) to be bound by this agreement and to perform the obligations assigned to it, substantially in the form of Schedule 6 hereto. Thereupon Schedule 1 shall be deemed to be amended to reflect the assignment of the assigning Lender's Commitment without further notice or other requirement, the Liquidity Agent shall, if necessary, amend its books of account to record the interest of the assignee Lender in the Notes held by the Liquidity Agent, the assignee Lender shall be and be deemed to be treated as a Lender for all purposes of this agreement, shall be entitled to the full benefit hereof and shall be subject to the obligations of the assigning Lender to the same extent as if it were an original party in respect of the rights and obligations assigned to it (except with respect to standby fees which have been paid) and the assigning Lender shall be released and discharged accordingly and to the same extent.
Assignment by Lender. The Lender may assign or transfer all or any of the rights and interests which it has under or by virtue of the Finance Documents without the consent of, but with notice to, the Borrowers.
Assignment by Lender. 7.1 Borrower acknowledges and understands that Lender may sell and assign all or a part of its interest hereunder and under the Note and Loan Documents to any person or entity (an "Assignee"). After such assignment the term Lender shall mean such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, the Lender shall retain all rights, powers and remedies hereby given. No such assignment by Lender shall relieve Borrower of any of its obligations hereunder. Borrower shall acknowledge such assignment or assignments as shall be designated by written notice given by Lender to Borrower. The Lender agrees that in the event of any transfer by it of the Note, it will endorse thereon a notation as to the portion of the principal of the Note which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.
Assignment by Lender. Lender and any assignee of Lender, with notice to, but not consent of, Borrower, may sell, assign, transfer or grant a security interest in all or any part of Lender’s rights, obligations, title or interest in the Collateral, the Note, this Agreement, or the amounts payable under the Note or this Agreement to any entity (“transferee”). The transferee shall succeed to all of Lender’s rights in respect to this Agreement (including, without limitation, all rights to insurance and indemnity protection described in this Agreement). Borrower agrees to sign any acknowledgment and other documents reasonably requested by Lender or the transferee in connection with any such transfer transaction. Borrower, upon receiving reasonable notice of any such transfer transaction, shall comply with the terms and conditions thereof. Borrower agrees that Lender may provide loan information and financial information about Borrower on a confidential basis and under a written confidentiality agreement to any prospective transferee.
Assignment by Lender. This Guaranty is for the benefit of Lender and Lender’s successors and assigns, and in the event of an assignment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, the rights and benefits hereunder, to the extent applicable to the Guaranteed Recourse Obligations of Borrower so assigned, may be transferred with such Guaranteed Recourse Obligations of Borrower. Guarantor waives notice of any transfer or assignment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, and agrees that failure to give notice will not affect the liabilities of Guarantor hereunder.
Assignment by Lender. This Guaranty is for the benefit of Lender and Lender’s successors and permitted assigns, and in the event of an assignment of the Loan and the Loan Documents, or any part thereof, in accordance with the terms of the Loan Agreement, the rights and benefits hereunder may be transferred with such assignment (and only as part of such assignment). Guarantor waives notice of any transfer or assignment of the Loan or the Loan Documents, or any part thereof, and agrees that failure to give notice will not affect the liabilities of Guarantor hereunder.
