Common use of CESSION AND DELEGATION BY THE LENDER Clause in Contracts

CESSION AND DELEGATION BY THE LENDER. 5.1 The Lender may at any time and from time to time cede all or any part of its rights and benefits and delegate all or any part of its obligations under this Memorandum to another person (an "Assignee"). 5.2 For this purpose the Lender may disclose to a potential or actual Assignee such credit and other information relating to the Borrower and its financial condition as the Borrower shall have made available to the Lender or as shall be known to the Lender otherwise howsoever. 5.3 If the Lender cedes any part of its rights and benefits and delegates any part of its obligations under this Memorandum then all references in this Memorandum to the Lender shall thereafter be construed as references to the Lender and its Assignee to the extent of their respective participations.

CESSION AND DELEGATION BY THE LENDER. 5.1 The Lender may at any time and from time to time cede all or any part of its rights and benefits and delegate all or any part of its obligations under this Memorandum to another person (an "Assignee"). 5.2 For this purpose the Lender may disclose to a potential or actual Assignee Assignee, such credit and other information relating to the Borrower and its financial condition as the Borrower shall have made available to the Lender or as shall be known to the Lender otherwise howsoever. 5.3 If the Lender cedes any part of its rights and benefits and delegates any part of its obligations under this Memorandum then all references in this Memorandum to the Lender shall thereafter be construed as references to the Lender and its Assignee to the extent of their respective participations.

CESSION AND DELEGATION BY THE LENDER. 5.1 6.1 The Lender may at any time and from time to time cede all or any part of its rights and benefits and delegate all or any part of its obligations under this Memorandum Agreement to another person (an "Assignee"). 5.2 6.2 For this purpose the Lender may disclose to a potential or actual Assignee such credit and other information relating to the Borrower and its financial condition as the Borrower shall have made available to the Lender or as shall be known to the Lender otherwise howsoever. 5.3 6.3 If the Lender cedes any part of its rights and benefits and delegates any part of its obligations under this Memorandum Agreement then all references in this Memorandum Agreement to the Lender shall thereafter be construed as references to the Lender and its Assignee to the extent of their respective participationsparticipations in the Loan.