Common use of Transfers by the Lenders Clause in Contracts

Transfers by the Lenders. Subject to this Clause 23, a Lender (the Existing Lender) may transfer by way of transfer of contract (overdracht van contract / cession de contrat) any of its rights and obligations to another bank or financial institution or to 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 23, a Lender (the “Existing Lender”) may transfer by way assignment of transfer rights (cessie/cession) and assumption of contract obligations (overdracht van contract / cession schuldoverneming/reprise de contratdette) (a “transfer”) any of its rights and obligations under any Finance Document to another bank or financial institution or to an insurer, reinsurer, a 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 2325, a Lender (the “Existing Lender”) may transfer by way of transfer of contract (overdracht van contract / cession de contrat) novation any of its rights and obligations under any Finance Document to another bank or financial institution or to an insurer, reinsurer, a 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 2323.2 (Conditions of transfer), a Lender (the “Existing Lender”) may transfer by way of transfer of contract (overdracht van contract / cession de contrat) any of its rights and obligations under the Finance Documents to another bank or financial institution or to 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 2322, a Lender (the "Existing Lender") may transfer by way of transfer of contract (overdracht van contract / cession de contrat) any of its rights and obligations under the Finance Documents, with written notice to the Borrower, to another bank or financial institution or to an insurer, reinsurer, a 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 2322, a Lender (the Existing Lender) may transfer by way of transfer of contract (overdracht van contract / cession de contrat) any of its rights and obligations to another bank or financial institution or to 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).