Transfers by the Noteholders Sample Clauses

Transfers by the Noteholders. Subject to this Clause 27 (Changes to the Noteholders) and to Clause 28 (Restriction on Debt Purchase Transactions), a Noteholder (the “Existing Noteholder”) may: (a) transfer by novation any of its rights and obligations; or (b) enter into a sub-participation in respect of 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 subscribing for, purchasing or investing in notes, securities or other financial assets (the “New Noteholder”) provided that no Investor Affiliate may be a New Noteholder without the prior consent of the Agent (acting on the instructions of the Majority Noteholders).