Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below at any time assign, transfer or novate any of its Commitment, in whole or in part, and/or any rights and/or any obligations under this Agreement to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:
Appears in 3 contracts
Samples: Credit Agreement, Agreement (Teekay LNG Partners L.P.), Agreement (Teekay LNG Partners L.P.)
Transfers by Banks. (a) A Bank (the "EXISTING BANK"Existing Bank) may, subject to paragraph (bc) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, Commitment and/or any rights and/or any obligations under this Agreement to another bank or financial institution an Approved Bank (the "NEW BANK"New Bank). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 2 contracts
Samples: Second Supplemental Agreement (Adecco Sa), Credit Agreement (Adecco Sa)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, Commitments and/or any of its rights and/or any obligations under this Agreement to another bank or financial institution which is a Qualifying Bank (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 2 contracts
Samples: Credit Agreement (Spirent PLC), Agreement (Rexam Acquisition Subsidiary Inc)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, Commitment and/or any rights and/or any obligations under this Agreement to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 1 contract
Samples: Agreement (Adecco Sa)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, Commitments and/or any of its rights and/or any obligations under this Agreement to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 1 contract
Samples: Credit Agreement (Ti Group PLC)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, Commitment and/or any rights and/or any obligations under this Agreement in a minimum amount of Euro 2,500,000 (or, if less, in an amount equal to the balance of the Commitment of the Existing Bank) to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 1 contract
Samples: Agreement (Sonera Corp)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, part any of its Commitment and/or any of its rights and/or any obligations under this Agreement to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 1 contract
Samples: Agreement (Txu Europe LTD)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below may at any time assign, transfer or novate any part of its Commitment, in whole or in part, Commitment and/or any of its rights and/or any obligations under this Agreement to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required (such consent not to be unreasonably withheld or delayed) for any such assignment, transfer or novation, unless:
Appears in 1 contract
Samples: Supplemental Agreement (Diamond Cable Communications PLC)
Transfers by Banks. (a) A Bank (the "EXISTING BANK") may, subject to paragraph (b) below below, at any time assign, transfer or novate any of its Commitment, in whole or in part, Commitment and/or any of its rights and/or any obligations under this Agreement the Finance Documents to another bank or financial institution (the "NEW BANK"). The prior consent of the Borrower is required for any such assignment, transfer or novation, unless:.
Appears in 1 contract
Samples: Agreement (Toreador Resources Corp)