Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANK"), the Agent, the Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 3 contracts
Samples: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 26.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers Arranger and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Agent, the Arrangers Arranger, and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 2 contracts
Samples: Charge Agreement (Ace LTD), Ace LTD
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 31.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Agent, the Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 2 contracts
Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 29.5 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Lead Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANK"“Bank”), the Agent, the Arrangers Lead Arrangers, and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 2 contracts
Samples: Confidentiality Agreement (Ace LTD), Ace LTD
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 34.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Mandated Lead Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become became a party hereto as a "BANK"Bank), the Agent, the Mandated Lead Arrangers and the other Banks shall not be obliged to recognise such assignee as is having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Cemex Sa De Cv
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 27.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANK"“Bank”), the Agent, the Arrangers Arrangers, and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Confidentiality Agreement (Ace LTD)
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents hereunder in accordance with Clause 30.3 27.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers Arranger and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Obligors, the Agent, the Arrangers Arranger and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Imc Global Inc
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents this Agreement in accordance with Clause 30.3 25.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to agreed with the Agent confirming in favour of the Facility Agent, the Arrangers Security Agent, the Arranger and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto to this Agreement as a Bank (whereupon such assignee shall become a party hereto to this Agreement as a "BANKBank"), the Facility Agent, the Arrangers Security Agent, the Arranger and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party heretoto this Agreement.
Appears in 1 contract
Samples: Dual Currency Bridge Loan Agreement (Hungarian Telephone & Cable Corp)
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 29.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Lead Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANK"“Bank”), the Agent, the Arrangers Lead Arrangers, and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Confidentiality Agreement (Ace LTD)
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents hereunder in accordance with Clause 30.3 29.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Agent, the Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 35.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANK"), the Agent, the Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: NTL Inc/De/
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 35.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Facility Agent confirming in favour of the Facility Agent, the Lead Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Facility Agent, the Lead Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Agreement (Comple Tel LLC)
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 34.3 (Assignments and Transfers by Banks), then, unless and until the assignee has delivered a notice to the Agent confirming in favour of the Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto to the Finance Documents as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Agent, the Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party heretoto the Finance Documents.
Appears in 1 contract
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 35.3 (Assignments and Transfers by BanksParticipants), then, unless and until the assignee has delivered a notice to the Facility Agent confirming in favour of the Facility Agent, the Lead Arrangers and the other Banks Participants that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Facility Agent, the Lead Arrangers and the other Banks Participants shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Comple Tel Europe Nv
Assignments by Banks. If any Bank assigns all or any of its rights and benefits under the Finance Documents in accordance with Clause 30.3 29.3 (Assignments and Transfers by BanksASSIGNMENTS AND TRANSFERS BY BANKS), then, unless and until the assignee has delivered a notice to the Facility Agent confirming in favour of the Facility Agent, the Arrangers and the other Banks that it shall be under the same obligations towards each of them as it would have been under if it had been an original party hereto as a Bank (whereupon such assignee shall become a party hereto as a "BANKBank"), the Facility Agent, the Arrangers and the other Banks shall not be obliged to recognise such assignee as having the rights against each of them which it would have had if it had been such a party hereto.
Appears in 1 contract
Samples: Agreement (Koninklijke Numico Nv)