Common use of Assignments and Transfers Clause in Contracts

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect of any outstanding Letter of Credit or Bank Guarantee. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect of any outstanding Letter of Credit or Bank Guarantee. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 34 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s 's rights and/or obligations in respect of any outstanding Letter of Credit or Bank Guaranteeunder the Performance Bond Facility. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 26 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect under the Facility, unless such assignment or transfer is to another Lender or to an Affiliate of any outstanding Letter of Credit or Bank Guaranteea Lender. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 32 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank Guarantee Facility Lender is required for any assignment or transfer of any Lender’s 's rights and/or obligations in respect of any outstanding Letter of Credit or Bank Guaranteeunder the Facilities. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 28 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank Guarantee Facility Lender and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank Guarantee Facility Lender and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing relevant Fronting Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect of any outstanding Letter of Credit or Bank GuaranteeCredit. (b) If paragraph (a) above and the conditions and procedure for transfer specified in Clause 27 clause 33 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Fronting Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Fronting Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect of any outstanding Letter of Credit or Bank GuaranteeCredit. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 21 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect of any outstanding Letter of Credit or Bank Guaranteeunder the Facility. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 24 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the Issuing Bank is required for any assignment or transfer of any Lender’s rights and/or obligations in respect of any outstanding Letter of Credit or Bank GuaranteeCredit. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 22 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.

Assignments and Transfers. (a) Notwithstanding any other provision of this Agreement, the consent of the relevant Issuing Bank is required for any assignment or transfer of any Lender’s 's rights and/or obligations in respect of any outstanding Letter of Credit or Bank Guarantee.under Facility B. (b) If paragraph (a) and the conditions and procedure for transfer specified in Clause 27 26 (Changes to the Lenders) are satisfied, then on the Transfer Date the Issuing Bank and the New Lender shall acquire the same rights and assume the same obligations between themselves as they would have acquired and assumed had the New Lender been an Original Lender with the rights and/or obligations acquired or assumed by it as a result of the transfer and to that extent the relevant Issuing Bank and the Existing Lender shall each be released from further obligations to each other under this Agreement.