Common use of CONSENT TO PARTICIPATION Clause in Contracts

CONSENT TO PARTICIPATION. Bank may sell all or a portion of its interest in the Loans and the security therefor. Bank shall give PHI notice of any sale of all or a portion of its interests in the Loans, upon which PHI shall perform all of its obligations hereunder in favor of each participant or assignee as though such participant or assignee were a party or parties to this Agreement.

CONSENT TO PARTICIPATION. Bank may sell all or a portion of its interest in the Loans Loan and the security therefor. Bank shall give PHI notice of any sale of all or a portion of its interests in the LoansLoan, upon which PHI shall perform all of its obligations hereunder in favor of each participant or assignee as though such participant or assignee were a party or parties to this Agreement.