Common use of Transfer by a Lender Clause in Contracts

Transfer by a Lender. Subject to Clause 26.5, a Lender (the “Transferor Lender”) may, with the prior consent of the Agent (such consent not to be unreasonably withheld), at any time cause: (a) its rights in respect of all or part of its Contribution; or (b) its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution (a “Transferee Lender”) by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “Transfer Certificate”) executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust Deed.

Transfer by a Lender. Subject to Clause 26.526.4, a Lender (the “Transferor Lender”) maymay at any time, with the prior written consent of the Agent Borrower (such consent not to be unreasonably withheldwithheld or delayed), at any time causetransfer: (a) its rights in respect of all or part of its Contribution; or (b) its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) ), to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution (a “Transferee Lender”) by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “Transfer Certificate”) executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust Deed.

Transfer by a Lender. Subject to Clause 26.5, a Lender (the “Transferor Lender”) maymay at any time, after consultation with the prior consent of the Agent (such consent not to be unreasonably withheld)Borrower, at any time cause: (a) its rights in respect of all or part of its Contribution; or (b) its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution which is experienced in ship financing (a “Transferee Lender”) by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “Transfer Certificate”) executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust Deed.

Transfer by a Lender. Subject to Clause 26.527.4, a Lender (the “Transferor Lender”) maymay at any time, with the prior consent of the Agent (such but without needing the consent not to be unreasonably withheld)of the Borrower or any Security Party, at any time cause: (a) its rights in respect of all or part of its Contribution; orand (b) an equal proportion of its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) , to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution or special purpose vehicle established by any Lender (a “Transferee Lender”) by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “Transfer Certificate”) executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent, the Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust DeedAgreement.

Transfer by a Lender. Subject to Clause 26.526.4 and provided that there shall be no more than 3 Lenders, a Lender (the “Transferor Lender”) maymay at any time, with the prior consent of the Agent (Borrowers, such consent not to be unreasonably withheld)withheld or delayed, at any time cause: (a) its rights in respect of all or part of its Contribution; or (b) its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) ); to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution (a “Transferee Lender”) by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “Transfer Certificate”) executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust DeedAgreement.

Transfer by a Lender. Subject to Clause 26.5, a Lender (the “"Transferor Lender”") maymay at any time, after consultation with the prior consent of Borrower, the Agent (such consent not to be unreasonably withheld)Lead Bookrunner and the Joint Bookrunner, at any time cause: (a) its rights in respect of all or part of its Contribution; or (b) its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution which is experienced in ship financing (a “"Transferee Lender”") by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “"Transfer Certificate”") executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust Deed.

Transfer by a Lender. Subject to Clause 26.5Clauses 2.5 and 26.4, a Lender (the “Transferor Lender”) maymay at any time, with the prior consent of the Agent (such consent not to be unreasonably withheld), at any time cause: (a) its rights in respect of all or part of its Contribution; or (b) its obligations in respect of all or part of its Commitment; or (c) a combination of (a) and (b) ); to be (in the case of its rights) transferred to, or (in the case of its obligations) assumed by, another bank or financial institution (a “Transferee Lender”) by delivering to the Agent a completed certificate in the form set out in Schedule 4 with any modifications approved or required by the Agent (a “Transfer Certificate”) executed by the Transferor Lender and the Transferee Lender. However any rights and obligations of the Transferor Lender in its capacity as Agent or Security Trustee will have to be dealt with separately in accordance with the Agency and Trust DeedAgreement.