Common use of Right to Clause in Contracts

Right to. assign Each of the Banks may assign or transfer all or any of its rights under or pursuant to the Security Documents or assign or grant sub-participations in all or any part of its Commitment (i) to any other branch or affiliate of that Bank or to another Bank or (ii) with the prior written consent of the Agent and the Borrower (which shall not be unreasonably withheld and which shall be deemed given if no response shall be received within ten (10) Business Days of a request or at any time whilst an Event of Default is in existence) to any other bank or financial institution.

Right to. assign Each of the Banks may assign or transfer all or any of its rights under or pursuant to the Security Documents or assign or grant sub-participations in all or any part of its Commitment (i) to any other branch or affiliate of that Bank or to another Bank or (ii) with the prior written consent of the Agent and the Borrower (Borrowers which shall not be unreasonably withheld and which shall be deemed given either (i) if no response shall be received the Borrowers fail to respond to any written request under this provision within a period of ten (10) Business Days of a request or (ii) at any time whilst during the continuance of an Event of Default is in existenceDefault) to any other bank or financial institution., provided that

Right to. assign Each of the Banks may assign or transfer all or any of its rights under or pursuant to the Security Documents or assign or grant sub-participations in all or any part of its Commitment (i) to any other branch or affiliate of that Bank or to another Bank or (ii) with the prior written consent of the Agent Agent, the Issuer and the Borrower (which shall not be unreasonably withheld and which shall be deemed given if no response shall be received within ten (10) Business Days of a request or at any time whilst an Event of Default is in existence) to any other bank or financial institution.

Right to. assign Each of the Banks may assign or transfer all or any of its rights and/or obligations under or pursuant to this Agreement to any other branch or subsidiary of that Bank or (with the Security Documents prior written consent of the Borrowers, such consent not to be unreasonably withheld or assign delayed) to any other bank or financial institution, and may grant sub-participations in all or any part of its Commitment (i) to any other branch or affiliate of that Bank or to another Bank or (ii) with the prior written consent of the Agent and the Borrower (which shall not be unreasonably withheld and which shall be deemed given if no response shall be received within ten (10) Business Days of a request or at any time whilst an Event of Default is in existence) to any other bank or financial institutionCommitment.

Right to. assign Each of the Banks may assign or transfer all or any of its rights under or pursuant to the Security Documents or assign or grant sub-participations participation in all or any part of its Commitment (i) to any other branch or affiliate of that Bank or to another Bank or (ii) with the prior written consent of the Agent and the Borrower (which shall not be unreasonably withheld and which shall be deemed given if no response shall be received within ten (10) Business Days of a request or at any time whilst an Event of Default is in existence) to any other bank or financial institution.

Right to. assign Each of the Banks may assign or transfer all or any of its rights and/or obligations under or pursuant to this Agreement to any other branch of that Bank or (with the Security Documents prior written consent of the Borrowers, such consent not to be unreasonably withheld or assign delayed) to any other bank or financial institution, and may grant sub-participations in all or any part of its Commitment (i) to any other branch or affiliate of that Bank or to another Bank or (ii) with the prior written consent of the Agent and the Borrower (which shall not be unreasonably withheld and which shall be deemed given if no response shall be received within ten (10) Business Days of a request or at any time whilst an Event of Default is in existence) to any other bank or financial institutionCommitment.