Right to. assign The Lender may, subject to the prior approval of the Borrower (such approval not to be unreasonably withheld) and subject to the Lender giving prior notice of such intention to the Borrower, and without additional costs to the Borrower, assign or transfer all or any of its rights under or pursuant to the Security Documents to any other bank or financial institution, and may grant sub-participations in all or any part of the Loan. The Lender may, without the prior approval of the Borrower, assign or transfer all or any of its rights under or pursuant to the Security Documents to any other branch of the Lender, and may grant sub-participations in all or any part of the Loan.
Appears in 4 contracts
Samples: Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.)
Right to. assign The Lender may, subject to the prior approval of the Borrower (such approval not to be unreasonably withheld) and subject to the Lender giving prior notice of such intention to the Borrower, and without additional costs to the Borrower, assign or transfer all or any of its rights under or pursuant to the Security Documents to any other bank or financial institution, and may grant sub-sub- participations in all or any part of the Loan. The Lender may, without the prior approval of the Borrower, assign or transfer all or any of its rights under or pursuant to the Security Documents to any other branch of the Lender, and may grant sub-participations in all or any part of the Loan.:
Appears in 1 contract
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
Right to. assign The Lender may, subject to the prior approval of the Borrower (such approval not to be unreasonably withheld) and subject to the Lender giving prior notice of such intention to the Borrower, and without additional costs to the Borrower, assign or transfer all or any of its rights under or pursuant to the Security Documents to any other bank or financial institution, and may grant sub-participations in all or any part of the Loan. The Lender may, without the prior approval of the Borrower, assign or transfer all or any of its rights under or pursuant to the Security Documents to any other branch of the Lender, and may grant sub-sub- participations in all or any part of the Loan.
Appears in 1 contract
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
