Common use of Transfers by the Lenders Clause in Contracts

Transfers by the Lenders. Subject to this Clause 25, a Lender (the “Existing Lender”) may transfer by novation any of its rights and obligations under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender”).

Transfers by the Lenders. Subject to this Clause 2523, a Lender (the “Existing Lender”) may transfer by novation assignment of rights (cessie/cession) and assumption of obligations (schuldoverneming/reprise de dette) (a “transfer”) any of its rights and obligations under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender”).

Transfers by the Lenders. Subject to this Clause 2522, a Lender (the “"Existing Lender”") may transfer by novation any of its rights and obligations under any the Finance Document Documents, with written notice to the Borrower, to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “"New Lender”").

Transfers by the Lenders. Subject to this Clause 2522, a Lender (the “Existing Lender”) may transfer by novation way of transfer of contract (overdracht van contract / cession de contrat) any of its rights and obligations under any Finance Document to another bank or financial institution or to a an insurer, reinsurer, trust, fund or to other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender”).

Transfers by the Lenders. Subject to this Clause 2529, a Lender (the “"Existing Lender”") may transfer by novation any of its rights and obligations obligations, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “"New Lender”").