Sub-Participations. 32.1 Each Transferor may, in accordance with standard banking practices, grant at any time sub-participations with respect to all or any part of its rights and claims under this Agreement to Transferees and may make dispositions with respect to such rights and claims.
Appears in 5 contracts
Samples: Account Pledge Agreement, Mercer International Inc., Account Pledge Agreement (Mercer International Inc.)
Sub-Participations. 32.1 Each Transferor may, in accordance with standard banking practices, grant at any time sub-participations with respect to all or any part of its rights and claims under this Agreement to Transferees and may make dispositions transfers with respect to such rights and claims.
Appears in 2 contracts
Samples: Letter Of (Mercer International Inc.), Mercer International Inc.