Common use of Lender Transfers Clause in Contracts

Lender Transfers. The Lender shall not assign, convey or otherwise transfer all or any portion of its right, title or interest in, to or under any of the Operative Documents without the prior written consent of the Lessee and the Lessor (such consent not to be unreasonably withheld); provided, however, that without the prior written consent of or notice to the Lessor or the Lessee, the Lender may sell participating interests in the Loan to such banks and other financial institutions as the Lender shall, in its sole discretion, determine.

Appears in 2 contracts

Samples: Participation Agreement (Huffy Corp), Participation Agreement (Eagle Usa Airfreight Inc)

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Lender Transfers. The Lender shall not assign, convey or otherwise transfer all or any portion of its right, title or interest in, to or under any of the Operative Documents without the prior written consent of the Lessee and the Lessor (such consent not to be unreasonably withheld); provided, however, that without the prior written consent of or notice to the Lessor or the Lessee, the Lender may sell participating interests in the Loan Loans to such banks and other financial institutions as the Lender shall, in its sole discretion, determine.

Appears in 1 contract

Samples: Master Participation Agreement (Atria Communities Inc)

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Lender Transfers. The Lender shall not assign, convey or otherwise transfer all or any portion of its right, title or interest in, to or under any of the Operative Documents without the prior written consent of the Lessee and the Lessor (such consent not to be unreasonably withheld); providedPROVIDED, howeverHOWEVER, that without the prior written consent of or notice to the Lessor or the Lessee, the Lender may sell participating interests in the Loan Loans to such banks and other financial institutions as the Lender shall, in its sole discretion, determine.

Appears in 1 contract

Samples: Participation Agreement (STB Systems Inc)

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