Designation and Assignment by Indosat Sample Clauses

Designation and Assignment by Indosat. (a) Indosat shall have the right to designate any of its Affiliates to be lessee under any SLA hereunder and shall have the right to novate, convey or transfer its rights, obligation and interest under this MLA and any SLA to an Affiliate without Owner’s prior consent, provided that on or prior to the date of such designation, in each case (i) the Affiliate agrees to be bound by the MLA as it applies to and with respect to the Site leased by such Affiliate and (ii) Indosat guarantees the obligations of such Affiliate under the MLA and the relevant SLA on the terms of the Indosat Affiliate Guarantee. (b) Indosat and any lessee under an SLA hereunder shall have the right to novate, convey or transfer its rights, obligation and interest under this MLA and any SLA to any Person that is not an Affiliate of Indosat with the consent of Owner, such consent not to be unreasonably withheld, provided that consent may be withheld by Owner in the event of an assignment to a Person (other than a Tier 1 Network Partner) (i) which is not rated by at least one (1) of Fitch Ratings, Standard & Poor’s and ▇▇▇▇▇’▇ Investors Service or (ii) with a credit rating less than (w) one grade below the Republic of Indonesia, (x) BB by Fitch Ratings, (y) BB- by Standard & Poor’s or (z) Ba2 by ▇▇▇▇▇’▇ Investors Service. (c) Notwithstanding anything to the contrary herein, Indosat shall have the right, without Owner’s consent to: (i) sublease to any of Indosat’s Affiliates, a Network JV or any Network Partner, any Site Space and its rights and obligations under any SLA (and the related rights under the MLA with respect thereto), provided that on or prior to the date of such sublease, in the case of a sublease to a Network JV or a Network Partner, such sublease is made in connection with, and limited to the term of (or any renewed term of), a Network Sharing Arrangement and such Site Space can only be used for Equipment of Indosat and its Affiliates, the Network JV’s Equipment or the Network Partner’s Equipment, (ii) assign or transfer any of its rights or obligations under any SLA (and the related rights under the MLA with respect thereto) to any of Indosat’s Affiliates, a Network JV or a Tier 1 Network Partner, provided that on or prior to the date of such assignment or transfer (A) the assignee or transferee signs a Joinder Agreement under which it agrees to be bound by the applicable terms and conditions of this MLA as it applies to and with respect to the Site assigned or transferred...