Common use of No Assignments to Certain Persons Clause in Contracts

No Assignments to Certain Persons. No such assignment shall be made, (A) the Borrower or any of the Borrower’s Restricted Subsidiaries except as permitted under Section 11.07(l); (B) any of the Borrower’s Affiliates (other than any of the Borrower’s Subsidiaries); (C) to any Defaulting Lender or any of its Affiliates; (D) to a natural person; (E) to a Disqualified Lender (or any of its Affiliates) or Lender who has become a Disqualified Lender (or any of its Affiliates), unless a Specified Event of Default has occurred and is continuing; or (F) or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause. To the extent that any assignment is purported to be made to a Disqualified Lender, such transaction shall be subject to the applicable provisions of Section 11.27.

No Assignments to Certain Persons. No such assignment shall be made, (A) to the Borrower or any of the Borrower’s Restricted Subsidiaries except as permitted under Section 11.07(l2.07(a)(iv) or under Section 10.07(l); (B) subject to Section 10.07(h) below, to any of the Borrower’s Affiliates (other than any of the Borrower’s Subsidiaries); (C) to any Defaulting Lender or any of its Affiliates; (D) to a natural person; (E) to a Disqualified Lender (or any of its Affiliates) or Lender who has become a Disqualified Lender (or any of its Affiliates)Subsidiaries, unless a Specified Event of Default has occurred and is continuing; or (F) or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons persons described in this clause; (D) to a natural person (or holding companies, investment vehicles or trusts for, or owned and operated for the primary benefit of a natural person); or (E) to a Disqualified Lxxxxx or Lxxxxx who has become a Disqualified Lxxxxx. To the extent that any assignment is purported to be made to a Disqualified Lender, such transaction shall be subject to the applicable provisions of Section 11.2710.27.

No Assignments to Certain Persons. No such assignment shall be made, (Aa) to the Borrower or any of the Borrower’s Restricted Subsidiaries except as permitted under Section 11.07(l);Subsidiaries, (Bb) to any of the Borrower’s Affiliates (other than any of the Borrower’s Subsidiaries);, (Cc) to any Defaulting Lender or any of its Affiliates; (D) to a natural person; (E) to a Disqualified Lender (or any of its Affiliates) or Lender who has become a Disqualified Lender (or any of its Affiliates)Subsidiaries, unless a Specified Event of Default has occurred and is continuing; or (F) or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons persons described in this clauseclause (v), (d) to a natural person or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural person, or (e) to a Disqualified Xxxxxx (subject to the Disqualified Lender Provisions) or Xxxxxx who has become a Disqualified Xxxxxx (subject to the Disqualified Lender Provisions). To the extent that any assignment is purported to be made to a Disqualified Lender, such transaction shall be subject to the applicable provisions of Section 11.27.