Common use of Changes to the Lenders Clause in Contracts

Changes to the Lenders. 22.1 Assignments and transfers by the Lenders Subject to this Clause 22, a Lender (the “Existing Lender”) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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”).

Appears in 2 contracts

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

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Changes to the Lenders. 22.1 21.1 Assignments and transfers by the Lenders Subject to this Clause 22clause 21, 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 or, with the prior written consent of the Borrower, to a trust, fund or any 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

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

Changes to the Lenders. 22.1 Assignments and transfers by the Lenders Subject to this Clause 22, a Lender (the “Existing Lender”) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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”)) at the cost and expense of the Existing Lender and/or the New Lender and with prior notice to but otherwise without the prior consent of the Borrower.

Appears in 1 contract

Samples: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Changes to the Lenders. 22.1 24.1 Assignments and transfers by the Lenders Subject to this Clause 2224, a Lender (the “Existing Lender”) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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”).

Appears in 1 contract

Samples: Facilities Agreement (Bunge LTD)

Changes to the Lenders. 22.1 26.1 Assignments and transfers Transfers by the Lenders Subject to this Clause 2226 (Changes to the Lenders), a Lender (the “Existing Lender”) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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”).

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

Changes to the Lenders. 22.1 23.1 Assignments and transfers by the Lenders Subject to this Clause 2223, a Lender (the "Existing Lender") may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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").

Appears in 1 contract

Samples: Facility Agreement (Bunge LTD)

Changes to the Lenders. 22.1 26.1 Assignments and transfers by the Lenders Subject to this Clause 2226, a Lender (the “Existing Lender”) may: : (a) assign or have assumed any of its rights; or or (b) transfer by novation any of its rights and obligations, to another bank or financial institution institution, or to a trust, 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”).,

Appears in 1 contract

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

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Changes to the Lenders. 22.1 34.1 Assignments and transfers by the Lenders Subject to this Clause 2227, a Lender (the “Existing Lender”) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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”).

Appears in 1 contract

Samples: Facility Agreement (Rockwood Specialties Group Inc)

Changes to the Lenders. 22.1 23.1 Assignments and transfers by the Lenders Subject to this Clause 2223, a Lender (the "Existing Lender") may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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").

Appears in 1 contract

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

Changes to the Lenders. 22.1 34.1 Assignments and transfers by the Lenders Subject to this Clause 2234, a Lender (the “Existing Lender”) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, to another bank or financial institution or to a trust, 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”).

Appears in 1 contract

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

Changes to the Lenders. 22.1 28.1 Assignments and transfers by the Lenders Subject to this Clause 2228 (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, to another bank or financial institution or to a trust, 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”).

Appears in 1 contract

Samples: Junior Credit Agreement (Endeavour International Corp)

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