Common use of Assignments by Participant Clause in Contracts

Assignments by Participant. Participant shall be entitled to sell and assign all (but not part) of its Participation Interest (and the entire Participation Interest will be sold and transferred as a single participation interest) and, in conjunction therewith, its rights and obligations under this Agreement subject to applicable Law and the provisions of this Article

Appears in 3 contracts

Samples: Participation and Servicing Agreement, Participation and Servicing Agreement, Participation and Servicing Agreement

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Assignments by Participant. The Participant shall be entitled to sell and assign all (but not part) of its Participation Interest (and the entire Participation Interest will be sold and transferred as a single participation interest) and, in conjunction therewith, its rights and obligations under this Agreement subject to applicable Law and the provisions of this ArticleArticle XII. The Participant’s right to sell and transfer its Participation Interest (and assign its rights and obligations under this Agreement) to any other Person, shall be subject to the following provisions:

Appears in 2 contracts

Samples: Participation and Servicing Agreement, Participation and Servicing Agreement

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Assignments by Participant. Participant shall be entitled to sell and assign all (but not part) of its Participation Interest (and the entire Participation Interest will be sold and transferred as a single participation interest) and, in conjunction therewith, its rights and obligations under this Agreement subject to applicable Law and the provisions of this Article. Participant’s right to sell and transfer its Participation Interest (and assign its rights and obligations under this Agreement) to any other Person, shall be subject to the following provisions:

Appears in 1 contract

Samples: Participation and Servicing Agreement

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