Assignment by Lenders. The Subordinated Creditor acknowledges and agrees that each of the Senior Lenders shall have the right to assign, sell, participate or otherwise transfer all or any portion of its rights and benefits under the Loan Documents (including this Agreement) without the consent of the Subordinated Creditor. This Agreement shall extend to and inure to the benefit of each of the Senior Leaders and their respective successors and permitted assigns.
Appears in 7 contracts
Samples: Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp)
Assignment by Lenders. The Subordinated Creditor acknowledges and agrees that each of the Senior Lenders Lender shall have the right to assign, sell, participate or otherwise transfer all or any portion of its rights and benefits under the Loan Documents (including this Agreement) without the consent of the Subordinated Creditor. This Agreement shall extend to and inure to the benefit of each of the Senior Leaders Leader and their its respective successors and permitted assigns.
Appears in 3 contracts
Samples: Contribution Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp)
Assignment by Lenders. The Each of the Subordinated Creditor and the Borrower acknowledges and agrees that each of the Senior Lenders Creditors shall have the right to assign, sell, participate or otherwise transfer all or any portion of its their respective rights and benefits under this Agreement as permitted in the Loan Documents (including Credit Agreement or any Secured Hedging Agreement, as applicable. Without limitation to the foregoing, this Agreement) without Agreement shall be binding upon the consent respective successors and assigns of the Subordinated Creditor. This Agreement shall extend to Creditor and inure to the benefit of each of the Senior Leaders and their respective successors and permitted assignsBorrower.
Appears in 2 contracts
Samples: Credit Agreement (Nova Chemicals Corp /New), Credit Agreement (Nova Chemicals Corp /New)
Assignment by Lenders. The Subordinated Creditor acknowledges and agrees that that, subject to Section 10.07 of the 364-Day Credit Agreement, each of the Senior Lenders shall have the right to assign, sell, participate or otherwise transfer all or any portion of its rights and benefits under the Loan Documents (including this Agreement) without the consent of the Subordinated Creditor. This Agreement shall extend to and inure to the benefit of each of the Senior Leaders and their respective successors and permitted assigns.
Appears in 1 contract
Samples: Credit Agreement (Enbridge Energy Limited Partnership)
Assignment by Lenders. The Subordinated Creditor acknowledges and agrees that that, subject to Section 10.07 of the Credit Agreement, each of the Senior Lenders shall have the right to assign, sell, participate or otherwise transfer all or any portion of its rights and benefits under the Loan Documents (including this Agreement) without the consent of the Subordinated Creditor. This Agreement shall extend to and inure to the benefit of each of the Senior Leaders and their respective successors and permitted assigns.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Enbridge Energy Partners Lp)