Owner Lenders Sample Clauses

Owner Lenders. In the event Buyer Parent or Owner or any other party hereto (other than Indosat or any of its permitted assignees, sublessees, designees, or transferees hereunder) (each an “Assignor”) has entered into or enters into any financing arrangements with any other Persons (a “Finance Party”), such Assignor shall not create, or permit to subsist, any Encumbrance over any Site, any Towers located on any Site, this MLA or any SLA, unless such Assignor shall have contemporaneously delivered to Indosat a notice of assignment on the terms set forth in Schedule 9.8 to the Asset Purchase Agreement (a “Notice of Assignment”) duly executed by such Assignor and each such Finance Party (or an agent duly authorized to execute such document on behalf of any such Finance Party). Upon receipt by Indosat of a Notice of Assignment duly executed by the Assignor and each such Finance Party or duly authorized agent, Indosat agrees to promptly deliver to such Assignor a consent and agreement with respect thereto on the terms set forth in Schedule 9.8 to the Asset Purchase Agreement duly executed by Indosat. For the avoidance of doubt, nothing in this Section 17.4 shall be deemed to restrict or limit Indosat's rights and remedies with respect to any breach of or default under this MLA or any SLA by Owner, or a Finance Party as successors of Owner.