Common use of Replacement of a Defaulting Lender Clause in Contracts

Replacement of a Defaulting Lender. The Borrowers may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten Business Days' prior written notice to the Agent and such Lender, replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 (Changes to the Lenders) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "Replacement Lender") selected by the Borrowers which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 (Changes to the Lenders) for a purchase price in cash payable at the time of transfer which is either:

Replacement of a Defaulting Lender. The Borrowers Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten (10) Business Days' ’ prior written notice to the Agent and such Lender, replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 (Changes to the Lenders) 14 all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "“Replacement Lender"”) selected by the Borrowers Borrower which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 (Changes to the Lenders) 14 for a purchase price in cash payable at the time of transfer which is either:

Replacement of a Defaulting Lender. The Borrowers Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten Business Days' ’ prior written notice to the Agent and such Lender, replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 23 (Changes to the Lenders) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "“Replacement Lender"”) selected by the Borrowers Borrower which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 23 (Changes to the Lenders) for a purchase price in cash payable at the time of transfer which is either:

Replacement of a Defaulting Lender. (a) The Borrowers Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten Business Days' ’ prior written notice to the Agent and such Lender, replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 23 (Changes to the Lenders) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "“Replacement Lender"”) selected by the Borrowers Borrower which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 23 (Changes to the Lenders) for a purchase price in cash payable at the time of transfer which is either:

Replacement of a Defaulting Lender. 37.8.1 The Borrowers may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten Business Days' prior written notice to the Agent and such Lender, replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 25 (Changes to the LendersLenders and Hedge Counterparties) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity selected by the Borrowers (a "Replacement Lender") selected by the Borrowers which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance L25accordance with Clause 24 25 (Changes to the LendersLenders and Hedge Counterparties) for a purchase price in cash payable at the time of transfer which is either:

Replacement of a Defaulting Lender. The Borrowers Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten Business Days' prior written notice to the Agent and such Lender, replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 23 (Changes to the Lenders) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "Replacement Lender") selected by the Borrowers Borrower which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 23 (Changes to the Lenders) for a purchase price in cash payable at the time of transfer which is either:

Replacement of a Defaulting Lender. (a) The Borrowers Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten 20 Business Days' ’ prior written notice to the Agent and such Lender, Lender replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 19 (Changes to the Lenders) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "“Replacement Lender"”) selected by the Borrowers Borrower, which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 19 (Changes to the Lenders) for a purchase price in cash payable at the time of transfer which is either:).

Replacement of a Defaulting Lender. The Borrowers Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving ten 10 Business Days' prior written notice to the Agent and such Lender, Lender replace such Lender by requiring such Lender to (and, to the extent permitted by law, such Lender shall) transfer pursuant to Clause 24 23 (Changes to the Lenders) all (and not part only) of its rights and obligations under this Agreement to a Lender or other bank, financial institution, trust, fund or other entity (a "Replacement Lender") selected by the Borrowers Borrower, which confirms its willingness to assume and does assume all the obligations, or all the relevant obligations, of the transferring Lender in accordance with Clause 24 23 (Changes to the Lenders) for a purchase price in cash payable at the time of transfer which is either: