Changes in Parties. 15.1 Neither the Lender nor the Borrower may assign its rights, in whole or in part, under the Loan Agreement unless: 15.1.1 such assignment is in a minimum amount of at least USD, EUR or GBP 5,000,000 (as applicable) and integral multiples thereof, or in the case of a Loan denominated in any other currency, such minimum amount as may be agreed between the Lender and the Borrower; 15.1.2 the entity to which it is assigning rights to is an entity that is a member of the Xxxxxx Xxxxxxx Group; and 15.1.3 the written consent of the other party has been obtained in advance (such consent not to be unreasonably withheld). 15.2 Any purported assignment that does not comply with the terms of Clause 15.1 shall be void. 15.3 Any such assignment shall be executed using the form of assignment agreement set out in Appendix 2 (Form of Assignment Agreement) or such other document(s) as the parties may agree.
Appears in 6 contracts
Samples: Subordinated Loan Agreement, Subordinated Loan Agreement, Subordinated Loan Agreement
