Common use of Changes to the Parties Clause in Contracts

Changes to the Parties. 13.1. The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities Agreement and this Clause 13. 13.2. The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities Agreement. 13.3. The Pledgee is entitled to assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole or any part of its rights under the Interim Facilities Agreement. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil Code. 13.4. In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities Agreement, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under this Agreement as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge shall automatically, and without any formality, benefit any such transferees, assignees or successors. 13.5. Without prejudice to Clauses 13.2, 13.3 and 13.4, this Agreement shall remain in effect despite any amalgamation, merger (howsoever effected), consolidation, division or any corporate reconstruction relating to the Pledgee. To the extent a further notification is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notifications.

Changes to the Parties. 13.1. The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities PIK Facility Agreement and this Clause 13. 13.2. The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities PIK Facility Agreement. 13.3. The Pledgee is entitled to assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole or any part of its rights under the Interim Facilities PIK Facility Agreement. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil Code. 13.4. In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities PIK Facility Agreement, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under this Agreement as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge shall automatically, and without any formality, benefit any such transferees, assignees or successors. 13.5. Without prejudice to Clauses 13.2, 13.3 and 13.4, this Agreement shall remain in effect despite any amalgamation, merger (howsoever effected), consolidation, division or any corporate reconstruction relating to the Pledgee. To the extent a further notification is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notifications.

Changes to the Parties. 13.1. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities Agreement and this Clause 13. 13.2. (b) The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities Agreement. 13.3. (c) The Pledgee is entitled to assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole or any part of its rights under the Interim Facilities Agreement. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil Code. 13.4. (d) In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities Agreement, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under this Agreement as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge shall automatically, and without any formality, benefit any such transferees, assignees or successors. 13.5. (e) Without prejudice to Clauses 13.2paragraphs (b), 13.3 (c) and 13.4(d) of this Clause 13, this Agreement shall remain in effect despite any amalgamation, merger (howsoever effected), consolidation, division or any corporate reconstruction relating to the Pledgee. To the extent a further notification is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notifications.

Changes to the Parties. 13.1. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities PIK Facility Agreement and this Clause 13. 13.2. (b) The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities PIK Facility Agreement. 13.3. (c) The Pledgee is entitled to assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole or any part of its rights under the Interim Facilities PIK Facility Agreement. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil Code. 13.4. (d) In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities PIK Facility Agreement, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under this Agreement as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge shall automatically, and without any formality, benefit any such transferees, assignees or successors. 13.5. (e) Without prejudice to Clauses 13.2paragraphs (b), 13.3 (c) and 13.4(d) of this Clause 13, this Agreement shall remain in effect despite any amalgamation, merger (howsoever effected), consolidation, division or any corporate reconstruction relating to the Pledgee. To the extent a further notification is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notifications.

Changes to the Parties. 13.1. The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities PIK Facility Agreement and this Clause 13. 13.2. The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities PIK Facility Agreement. 13.3. The Pledgee is entitled to assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole or any part of its rights under the Interim Facilities PIK Facility Agreement. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil Code. 13.4. In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities PIK Facility Agreement, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under this Agreement as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge shall automatically, and without any formality, benefit any such transferees, assignees or successors. 13.5. Without prejudice to Clauses 13.2, 13.3 and 13.4, this Agreement shall remain in effect despite any amalgamation, merger (howsoever effected), consolidation, division or any corporate reconstruction relating to the Pledgee. To the extent a further notification is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification registration be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notificationsnotifications and/or registrations in the Shareholders’ Register.

Changes to the Parties. 13.1. The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities Agreement and this Clause 13. 13.2. The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities Agreement. 13.3. The Pledgee is entitled to assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole or any part of its rights under the Interim Facilities Agreement. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil Code. 13.4. In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities Agreement, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under this Agreement as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge shall automatically, and without any formality, benefit any such transferees, assignees or successors. 13.5. Without prejudice to Clauses 13.2, 13.3 and 13.4, this Agreement shall remain in effect despite any amalgamation, merger (howsoever effected), consolidation, division or any corporate reconstruction relating to the Pledgee. To the extent a further notification is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification registration be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notificationsnotifications and/or registrations in the Shareholders’ Register.

Changes to the Parties. 13.1. The provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, transferees and assignees permitted by the Interim Facilities Agreement and this Clause 13. 13.2. 18.1 The Pledgor may not assign, transfer or novate any of its rights under this Agreement, otherwise than with the prior written consent of the Pledgee or pursuant to a transaction permitted by the Interim Facilities Agreement. 13.3. 18.2 The Pledgee is entitled to may assign, transfer or novate all or any part of its rights under this Agreement to any person to which it has transferred the whole permitted assignee or any part of its rights under the Interim Facilities Agreementtransferee or successor. Such assignment by the Pledgee shall be enforceable against the Pledgor pursuant to the provisions of article 1690 of the Luxembourg Civil CodeCode and shall be done at no additional cost to the Pledgor, unless otherwise provided in the Finance Documents. References to the Pledgee shall be deemed to include any permitted assignee or transferee or successor thereof. 13.4. 18.3 In the case of an assignment, transfer or novation by the Pledgee to one or several transferees, assignees or successors of all or any part of its rights and obligations under the Interim Facilities AgreementSecured Obligations by the Secured Parties to one or several transferees, the Pledgee and the Pledgor hereby agree that in such event, to the extent required under applicable laws, the Pledgee shall preserve all of its rights under Pledge constituted by this Agreement shall be preserved as expressly permitted under Articles 1278 to 1281 of the Luxembourg Civil Code, so that the Pledge it shall automatically, and without any formality, benefit to any such transferees, assignees or successors. 13.5. 18.4 Without prejudice to Clauses 13.2, 13.3 paragraphs 18.2 and 13.418.3 of this clause 18, this Agreement shall remain in effect despite any amalgamation, amalgamation or merger (howsoever however effected), consolidation, division or any corporate reconstruction ) relating to the Pledgee; and references to the Pledgee shall be deemed to include any assignee or successor in title of the Pledgee and any person who, under any applicable law and in accordance with the provisions of the Finance Documents, has assumed the rights and obligations of the Pledgee hereunder or to which under such laws the same have been transferred or novated or assigned in any manner. To the extent a further notification or registration is required by law to give effect to the above, the Pledgor shall procure that (at the request and cost of the Pledgee) such further notification or registration be made and the Pledgor hereby gives a power of attorney to the Pledgee to make any notificationsmade.