Common use of Assignment by the Guarantor Clause in Contracts

Assignment by the Guarantor. The Guarantor may not assign or transfer any of its respective rights and obligations under this Agreement without the prior written consent of the Bond Trustee and the Cash Manager and satisfaction of the Rating Agency Condition in respect thereof, except that the Guarantor may, without such consent, assign its rights and interest hereunder pursuant to the terms of the Security Agreement.

Appears in 2 contracts

Samples: Cash Management Agreement, Cash Management Agreement

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Assignment by the Guarantor. The Guarantor may not assign or transfer any of its respective rights and obligations under this Agreement without the prior written consent of each of the Bond Trustee and the Cash Manager and satisfaction of having satisfied the Rating Agency Condition in respect thereof, except that the Guarantor may, without such consent, assign its rights and interest hereunder pursuant to the terms of the Security Agreement.

Appears in 2 contracts

Samples: Cash Management Agreement, Cash Management Agreement

Assignment by the Guarantor. The Guarantor may not assign or transfer any of its respective rights and obligations under this Agreement without the prior written consent of each of the Bond Trustee and the Cash Manager and satisfaction of the having obtained Rating Agency Condition in respect thereofConfirmation therefor, except that the Guarantor may, without such consent, assign its rights and interest hereunder pursuant to the terms of the Security Agreement.

Appears in 1 contract

Samples: Cash Management Agreement

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Assignment by the Guarantor. The Guarantor may not assign or transfer any of its respective rights and obligations under this Agreement without the prior written consent of each of the Bond Trustee and the Cash Manager and satisfaction of the Rating Agency Condition in respect thereof, except that the Guarantor may, without such consent, assign its rights and interest hereunder pursuant to the terms of the Security Agreement.

Appears in 1 contract

Samples: Cash Management Agreement

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