Assignments and transfers by Lenders. Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time: (a) assign any of its rights; or (b) transfer by way of novation any of its rights or obligations under this Agreement, to any other bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender).
Appears in 5 contracts
Samples: Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC)
Assignments and transfers by Lenders. Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(a) assign any of its rights; or
(b) transfer either by way of novation or by way of assignment, assumption and release any of its rights or obligations under this Agreement, to any other bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets person (the New Lender).
Appears in 4 contracts
Samples: Fifth Supplemental Agreement (MGM Resorts International), Second Supplemental Agreement (MGM Resorts International), Supplemental Agreement (MGM Resorts International)
Assignments and transfers by Lenders. Subject Any Lender (an “Existing Lender”) may, at any time, subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any timeAgreement:
(a) assign any of its rights; or
(b) transfer (including by way of novation novation) any of its rights or and obligations under this Agreementhereunder, to any other a bank or financial institution or to a trust, any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in or securitising loans, securities or other financial assets (the a “New Lender”).
Appears in 3 contracts
Samples: Loan Agreement (Elster Group SE), Facilities Agreement (United Biscuits Finance PLC), Loan Agreement (United Biscuits Finance PLC)
Assignments and transfers by Lenders. Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(ai) assign any of its rights; or
(bii) transfer by way of novation any of its rights or obligations under this Agreement, to any other bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender).
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (Eros International PLC), Credit Facility Agreement (Eros International PLC)
Assignments and transfers by Lenders. (a) Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(ai) assign any of its rights; or
(bii) transfer either by way of novation or by way of assignment, assumption and release any of its rights or obligations under this Agreement, to any other another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender)) without the consent of any Obligor.
Appears in 3 contracts
Samples: Facility Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc)
Assignments and transfers by Lenders. Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(a) assign any of its rights; or
(b) transfer by way of novation any of its rights or obligations under this Agreement, to any other bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets person (the New Lender).
Appears in 2 contracts
Samples: Revolving Credit Facility (Sara Lee Corp), Revolving Credit Facility (D.E Master Blenders 1753 B.V.)
Assignments and transfers by Lenders. Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(a) assign any of its rights; or
(b) transfer by way of novation any of its rights or obligations under this Agreement, to any other bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender), it being understood that no Borrower and no Affiliate of a Borrower may become a New Lender.
Appears in 2 contracts
Samples: Credit Facility Agreement (PPG Industries Inc), Credit Facility (PPG Industries Inc)
Assignments and transfers by Lenders. Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(a) assign any of its rights; or
(b) transfer either by way of novation or by way of assignment, assumption and release any of its rights or obligations obligations, under this Agreement, the Finance Documents to any other another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender).
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International)
Assignments and transfers by Lenders. Subject to the following provisions of this ClauseClause 22, a Lender (the “Existing Lender”) may at any timemay:
(a) assign all or any part of its rights; or
(b) transfer by way of novation all or any part of its rights or obligations and obligations, under this Agreement, the Finance Documents to any other another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender”).
Appears in 1 contract
Samples: Loan Agreement (Tiffany & Co)
Assignments and transfers by Lenders. Subject to the following provisions of this ClauseClause 22, a Lender (the “Existing Lender”) may at any timemay:
(a) assign all or any part of its rights; or
(b) transfer by way of novation all or any part of its rights or obligations and obligations, under this Agreement, the Finance Documents to any other another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender").
Appears in 1 contract
Samples: Facility Agreement (Tiffany & Co)
Assignments and transfers by Lenders. (a) Subject to the following provisions of this Clause, a Lender (the Existing Lender) may at any time:
(ai) assign any of its rights; or
(bii) transfer either by way of novation or by way of assignment, assumption and release any of its rights or obligations under this Agreement, to any other another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender)) with the consent of all of the Borrowers.
Appears in 1 contract
