Assignments and transfers by the. Lenders Subject to this Clause 24, a Lender (the "Existing Lender") may: 24.1.1 assign any of its rights; or 24.1.2 transfer by novation any of its rights and obligations, under any Finance Document to 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").
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Assignments and transfers by the. Lenders Subject to this Clause 24, a Lender (the "“Existing Lender"”) may:
24.1.1 assign any of its rights; or
24.1.2 transfer by novation any of its rights and obligations, under any Finance Document to 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"”).
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Assignments and transfers by the. Lenders Subject to this Clause 2420, a Lender (the "Existing Lender") may:
24.1.1 20.2.1 assign any of its rights; or
24.1.2 20.2.2 transfer by novation any of its rights and obligations, under any Finance Document to 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").
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Samples: Revolving Credit Facility Agreement (WPP Group PLC)
Assignments and transfers by the. Lenders Subject to this Clause 2424 (Benefit of Agreement), a Lender (the "Existing Lender") may:: 24.
24.1.1 2.1 assign any of its rights; or
24.1.2 transfer by novation any of its rights and obligations, under any Finance Document to 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").24
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Samples: Credit Agreement (WPP PLC)
Assignments and transfers by the. Lenders Subject to this Clause 24, a Lender (the "Existing Lender") may:: 24.
24.1.1 1.1 assign any of its rights; or
or 24.1.2 transfer by novation any of its rights and obligations, under any Finance Document to 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")24.
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Samples: Secured Loan Agreement (TORM PLC)