Participation permitted. A Lender may grant a participation interest (being a right to share in the financial benefits of this agreement, without any rights against an Obligor) in any of the Lender’s rights and benefits under this agreement to any other person without having to obtain the consent of or to notify an Obligor.
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Samples: Term Facility Agreement (Paringa Resources LTD), Project Facility Agreement (Paringa Resources LTD)
Participation permitted. A The Lender may grant a participation interest (being a right to share in the financial benefits of this agreement, without any rights against an Obligora Transaction Party) in any of the Lender’s 's rights and benefits under this agreement to any other person without having to obtain the consent of or to notify an Obligora Transaction Party.
Appears in 1 contract
Samples: Debt Finance Facility Agreement (Olympus Pacific Minerals Inc)
Participation permitted. A The Lender may grant a participation interest (being a right to share in the financial benefits of this agreementdeed, without any rights against an Obligora Transaction Party) in any of the Lender’s rights and benefits under this agreement the Transaction Documents of that Lender to any other person without having to obtain the consent of or to notify an Obligora Transaction Party.
Appears in 1 contract
