Common use of Participation permitted Clause in Contracts

Participation permitted. The Note Holder and OF Manager may grant by way of sub-participation (being a right to share in the financial effects of this agreement, without any rights against the Issuer) all or part of the Note Holder's or OF Manager's, as the case may be, rights and benefits under this agreement to any other person without having to obtain the consent of or to notify the Issuer or the SF Manager.

Appears in 19 contracts

Samples: Funding Facility Agreement (Me Portfolio Management LTD), Redraw Funding Facility Agreement (Me Portfolio Management LTD), Funding Facility Agreement (Me Portfolio Management LTD)

AutoNDA by SimpleDocs

Participation permitted. The Note Holder and OF Manager may grant by way of sub-participation (being a right to share in the financial effects of this agreement, without any rights against the Issuer) all or part of the Note Holder's or OF Manager's’s, as the case may be, rights and benefits under this agreement to any other person without having to obtain the consent of or to notify the Issuer or the SF Manager.

Appears in 3 contracts

Samples: Me Portfolio Management LTD, Me Portfolio Management LTD, Me Portfolio Management LTD

AutoNDA by SimpleDocs

Participation permitted. The Note Holder and OF Manager may grant by way of sub-participation (being a right to share in the financial effects of this agreement, without any rights against the Issuer) all or part of the Note Holder's or OF Manager's, as the case may be, rights and benefits under this agreement to any other person without having to obtain the consent of or to notify the Issuer or the SF Manager.. Payment Funding Facility Agreement - SMHL Global Fund No. 7

Appears in 1 contract

Samples: Payment Funding Facility Agreement (Me Portfolio Management LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.