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

Change of Intra-Group Lender. Subject to the terms of the other Debt Documents, any Intra-Group Lender may assign or transfer any of its rights or 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 the terms hereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (Tidewater Inc), Intercreditor Agreement

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Change of Intra-Group Lender. Subject to the terms of the other Debt Documents, any Any Intra-Group Lender may (a) assign any of its rights or (b) transfer any of its rights or obligations and obligations, in respect of the Intra-Group Liabilities to another member of the Group if Debtor and that member of the Group has (if not already a Party as Debtor shall be deemed to be an Intra-Group Lender) acceded to Lender for the purposes of this Agreement and shall be bound as an Intra-Group Lender pursuant to hereunder with the terms hereofsame force and effect as if originally named as an Intra-Group Lender herein.

Appears in 1 contract

Samples: Collateral Trust Agreement (Seadrill LTD)

Change of Intra-Group Lender. Subject to Section 8.4 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 or rights, benefits and obligations in respect of the Intra-Group Liabilities Obligations to another member of the Group if that member of the Group has (if not already a Party as an Intra-Group Lender) acceded party to this Agreement as an Intra-Group Lender Lender) become a party to this Agreement as an Intra-Group Lender, pursuant to the terms hereofSection 19.8.

Appears in 1 contract

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)

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Change of Intra-Group Lender. Subject to Section 5.4 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 or 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 the terms hereof.Member if:

Appears in 1 contract

Samples: Intercreditor Agreement (Home Inns & Hotels Management Inc.)

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