Common use of Re-transfer to an Existing Lender, etc Clause in Contracts

Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 24; or b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 2 contracts

Samples: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Term Loan Agreement (Helix Energy Solutions Group Inc)

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Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 24; or b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance nonperformance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 1 contract

Samples: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: (a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 2428; or (b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Ocean Rig UDW Inc.)

Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: (a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 24; or (b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: (a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 2425; or (b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Seawell LTD)

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Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: (a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 2426; or (b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (North Atlantic Drilling Ltd.)

Re-transfer to an Existing Lender, etc. Nothing in any Finance Document obliges an Existing Lender to: a) accept a re-transfer from a New Lender of any of the rights and obligations assigned or transferred under this Clause 2423; or b) support any losses directly or indirectly incurred by the New Lender by reason of the non-performance by the Borrower of its obligations under the Finance Documents or otherwise.

Appears in 1 contract

Samples: Long Term Facility Agreement (General Geophysics Co)

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