Common use of ASSIGNMENTS AND TRANSFER Clause in Contracts

ASSIGNMENTS AND TRANSFER. 11.1 Neither Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) nor the Funding 1 Start-Up Loan Provider may assign and/or transfer any of their rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Funding 1 Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Funding 1 Start-Up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Funding 1 Security Trustee and/or the outgoing Funding 1 Security Trustee may reasonably require for the purpose of vesting in the new Funding 1 Security Trustee the rights and obligations of the outgoing Funding 1 Security Trustee and/or releasing the outgoing Funding 1 Security Trustee from its future obligations under this Agreement.

ASSIGNMENTS AND TRANSFER. 11.1 12.1 Neither Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) nor the Funding 1 Extraordinary Payment Holiday Start-Up Loan Provider may assign and/or transfer any of their rights and/or obligations under this Agreement. 11.2 12.2 If there is any change in the identity of the Funding 1 Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Funding 1 Extraordinary Payment Holiday Start-Up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Funding 1 Security Trustee and/or the outgoing Funding 1 Security Trustee may reasonably require for the purpose of vesting in the new Funding 1 Security Trustee the rights and obligations of the outgoing Funding 1 Security Trustee and/or releasing the outgoing Funding 1 Security Trustee from its future obligations under this Agreement.