Common use of CESSION AND DELEGATION Clause in Contracts

CESSION AND DELEGATION. 21.1. Land Bank shall be entitled to sell, pledge, cede or otherwise dispose of any or all of its rights and obligations under this Agreement and the other Finance Documents to any person and / or to cede, assign and / or delegate any of its rights and / or obligations under this Agreement and the other Finance Documents without the consent of the Borrower. To the extent that any such cession, delegation, sale, pledge or other disposal results in a splitting of claims, the Borrower hereby irrevocably consents thereto.

CESSION AND DELEGATION. 21.1. 22.1 Land Bank shall be entitled to sell, pledge, cede or otherwise dispose of any or all of its rights and obligations under this Agreement and the other Finance Documents to any person and / or to cede, assign and / or delegate any of its rights and / or obligations under this Agreement and the other Finance Documents without the consent of the Borrower. To the extent that any such cession, delegation, sale, pledge or other disposal results in a splitting of claims, the Borrower hereby irrevocably consents thereto.