Common use of Assignments/Transfers of Obligors Clause in Contracts

Assignments/Transfers of Obligors. amend Clause 27.2 so that any Benelux Borrower may assign or transfer any of its rights and obligations under the Revolving Facility or the Term Loans to another Benelux Borrower and so that any US Borrower may do the same to another US Borrower, in each case, without the prior consent of the Lenders provided that a solvency opinion and legal opinion are provided, if requested, in accordance with recent Liberty precedents in respect of an equivalent provision.

Appears in 7 contracts

Samples: Accession Agreement (Liberty Global PLC), Accession Agreement (Liberty Global PLC), Accession Agreement (Liberty Global PLC)

AutoNDA by SimpleDocs

Assignments/Transfers of Obligors. amend Clause 27.2 29.2 (Assignment or Transfer by Obligors) so that any Benelux Borrower may assign or transfer any of its rights and obligations under the Revolving Facility or the Term Loans to another Benelux Borrower and so that any US Borrower may do the same to another US Borrower, in each case, without the prior consent of the Lenders provided that a solvency opinion and legal opinion are provided, if requested, in accordance with recent Liberty precedents in respect of an equivalent provision.

Appears in 6 contracts

Samples: Accession Agreement (Liberty Global PLC), Accession Agreement (Liberty Global PLC), Accession Agreement (Liberty Global PLC)

AutoNDA by SimpleDocs

Assignments/Transfers of Obligors. amend Clause 27.2 29.2 (Assignment or Transfer by Obligors) so that any Benelux Borrower may assign or transfer any of its rights and obligations under the Revolving Term Facility or the Term Revolving Loans to another Benelux Borrower and so that any US Borrower may do the same to another US Borrower, in each case, without the prior consent of the Lenders provided that a solvency opinion and legal opinion are provided, if requested, in accordance with recent Liberty precedents in respect of an equivalent provision.

Appears in 1 contract

Samples: Liberty Global PLC

Time is Money Join Law Insider Premium to draft better contracts faster.