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. 32.2 Clauses 31.2.4, 31.2.7 (Assignment and Transfers by the Lenders) and 31.3 (Disclosure of Information) apply mutatis mutandis.
Appears in 5 contracts
Samples: Project Financing Facility Agreement, Project Financing Facility Agreement (Mercer International Inc.), Project Financing Facility Agreement (Mercer International Inc.)