Common use of Changes to the Lenders Clause in Contracts

Changes to the Lenders. 21.1 Assignments and transfers by the Lenders Subject to this clause 21, a Lender (the "Existing Lender") may: (A) assign any of its rights; or (B) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution or, with the prior written consent of the Borrower, to any other entity (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000.

Appears in 2 contracts

Sources: Facility Agreement (PCCW LTD), Facility Agreement (PCCW LTD)

Changes to the Lenders. 21.1 22.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 22, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000”).

Appears in 2 contracts

Sources: Facility Agreement (Multi Fineline Electronix Inc), Facility Agreement (Wimm Bill Dann Foods Ojsc)

Changes to the Lenders. 21.1 34.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 34, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000”).

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

Changes to the Lenders. 21.1 22.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 22, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution or, (the “New Lender”) at the cost and expense of the Existing Lender and/or the New Lender and with prior notice to but otherwise without the prior written consent of the Borrower, to any other entity (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000.

Appears in 1 contract

Sources: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Changes to the Lenders. 21.1 34.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 27, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000”).

Appears in 1 contract

Sources: Facility Agreement (Rockwood Specialties Group Inc)

Changes to the Lenders. 21.1 24.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 24, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000”).

Appears in 1 contract

Sources: Facilities Agreement (Bunge LTD)

Changes to the Lenders. 21.1 28.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 28 (Changes to the Lenders), a Lender (the "Existing Lender") may: (A) 28.1.1 assign any of its rights; or (B) 28.1.2 transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000”).

Appears in 1 contract

Sources: Junior Credit Agreement (Endeavour International Corp)

Changes to the Lenders. 21.1 23.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 23, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000).

Appears in 1 contract

Sources: Facility Agreement (Bunge LTD)

Changes to the Lenders. 21.1 26.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 26, a Lender (the "Existing Lender") may: : (Aa) assign or have assumed any of its rights; or or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution orinstitution, with the prior written consent of the Borroweror to a trust, to any fund or other entity (which is regularly engaged in or established for the "New Lender") provided that such transfer purpose of making, purchasing or assignment is investing in a minimum amount of HK$10,000,000.loans,

Appears in 1 contract

Sources: Senior Secured Credit Facility Agreement (Borr Drilling LTD)

Changes to the Lenders. 21.1 26.1 Assignments and transfers Transfers by the Lenders Subject to this clause 21Clause 26 (Changes to the Lenders), a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution oror to a trust, with the prior written consent of the Borrower, to any fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000”).

Appears in 1 contract

Sources: Facility Agreement (Globalstar, Inc.)

Changes to the Lenders. 21.1 23.1 Assignments and transfers by the Lenders Subject to this clause 21Clause 23, a Lender (the "Existing Lender") may: (Aa) assign any of its rights; or (Bb) transfer by novation any of its rights and obligations, under the Finance Documents to another bank or financial institution or, with the prior written consent of the Borrower, to any other entity (the "New Lender") provided that such transfer or assignment is in a minimum amount of HK$10,000,000).

Appears in 1 contract

Sources: Senior Secured Debt Facility Agreement (Hungarian Telephone & Cable Corp)