Common use of Change of Intra-Group Lender Clause in Contracts

Change of Intra-Group Lender. Subject to Clause 12.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, pursuant to Clause 23.13 (Creditor Accession Undertaking) (provided that such member of the Group will not be required to accede to this Agreement as an Intra-Group Lender under this Clause 23.10 (Change of Intra-Group Lender) if it would otherwise not have been required to do so under the terms of Clause 23.11 (New Intra‑Group Lender) if it had been the original creditor of such Intra-Group Liability).

Appears in 5 contracts

Samples: Additional Facility T Accession Deed (Liberty Global PLC), Additional Facility S Accession Deed (Liberty Global PLC), Additional Facility Accession Deed (Liberty Global PLC)

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Change of Intra-Group Lender. Subject to Clause 12.4 ‎6.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, pursuant to Clause 23.13 ‎18.9 (Creditor Creditor/Agent Accession Undertaking) (provided that such member of the Group will not be required to accede to this Agreement as an Intra-Group Lender under this Clause 23.10 (Change of Intra-Group Lender) if it would otherwise not have been required to do so under the terms of Clause 23.11 ‎18.6 (New Intra‑Group Intra-Group Lender) if it had been the original creditor of such Intra-Group Liability).

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Change of Intra-Group Lender. Subject to Clause 12.4 8.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may may: (a) assign any of its rights; or (b) transfer any of its rights and benefits or transfer any of its rightsobligations, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, Lender pursuant to Clause 23.13 25.14 (Creditor/Creditor Representative Accession Undertaking) (provided that such member of the Group will not be required to accede to this Agreement as an Intra-Group Lender under this Clause 23.10 (Change of Intra-Group Lender) 25.9 if it would otherwise not have been required to do so under the terms of Clause 23.11 25.10 (New Intra‑Group Intra-Group Lender) if it had been the original creditor of such Intra-Group Liability)) and, to the extent that following such transfer it is no longer owed any Intra-Group Liabilities, such transferring Intra-Group Lender shall cease to be an Intra-Group Lender under and in accordance with this Agreement.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Change of Intra-Group Lender. Subject to Clause 12.4 5.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may may: (a) assign any of its rights; or (b) transfer any of its rights and benefits or transfer any of its rightsobligations, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, pursuant to Clause 23.13 19.9 (Creditor Accession Undertaking) (), provided that such member of the Group will it shall not be required to accede to this Agreement as an Intra-Group Lender under this Clause 23.10 (Change of Intra-Group Lender) if it would not otherwise not have been be required to do so under the terms of Clause 23.11 19.7 (New Intra‑Group Lender) if it had been the original creditor of such Intra-Group LiabilityLender).

Appears in 1 contract

Samples: Intercreditor Agreement

Change of Intra-Group Lender. Subject to Clause 12.4 6.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party party to this Agreement as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, pursuant to Clause 23.13 21.8 (Creditor Creditor/Agent Accession Undertaking) (provided that such member of the Group will not be required to accede to this Agreement as an Intra-Group Lender under this Clause 23.10 (Change of Intra-Group Lender) if it would otherwise not have been required to do so under the terms of Clause 23.11 21.7 (New Intra‑Group Intra-Group Lender) if it had been the original creditor of such Intra-Group Liability).

Appears in 1 contract

Samples: Intercreditor Agreement

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Change of Intra-Group Lender. Subject to Clause 12.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, pursuant to Clause 23.13 (Creditor Accession Undertaking) (provided that such member of the Group will not be required to accede to this Agreement as an Intra-Group Lender under this Clause 23.10 (Change of Intra-Group Lender) if it would otherwise not have been required to do so under the terms of Clause 23.11 (New Intra‑Group Intra-Group Lender) if it had been the original creditor of such Intra-Group Liability).

Appears in 1 contract

Samples: Senior Facilities Agreement (Liberty Global PLC)

Change of Intra-Group Lender. Subject to Clause 12.4 6.4 (Acquisition of Intra-Group Liabilities) and to the terms of the other Debt Documents, any Intra-Group Lender may may: (a) assign any of its rights; or (b) transfer any of its rights and benefits or transfer any of its rightsobligations, benefits and obligations in respect of the Intra-Group Liabilities to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded to this Agreement as an Intra-Group Lender, pursuant to Clause 23.13 19.9 (Creditor Accession Undertaking) (provided that such no member of the Group will not shall be required to accede to this Agreement as an Intra-Intra Group Lender under this Clause 23.10 (Change of Intra-Group Lender) 19.5 if it would otherwise not have been required to do so under the terms of Clause 23.11 19.7 (New Intra‑Group Intra-Group Lender) if it had been the original creditor of such Intra-Group Liability).

Appears in 1 contract

Samples: Intercreditor Agreement

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