TRANSFER BY LENDER. (a) At its own cost any Lender may, with the prior written consent of the Borrower, such consent not to be unreasonably withheld, with the prior written consent of the Guarantors and subject to the conclusion of a Transfer Agreement in accordance with Article 30.4, at any time assign and transfer all or any part of its rights, benefits and obligations (to effect a "Vertragsubernahme") hereunder, under the Security Docu- 68 ments and under the Security Pooling Agreement dated the date hereof to another bank or financial institution, provided that an amount of principal and the amount of interest accrued thereon may not be assigned or transferred separately. The consent of the Borrower is not required in the case of assignments and transfers to companies which are affiliated with any of the Lenders within the meaning of Article 15 of the German Stock Corporation Act. However, the consent of the Guarantors is not required for any transfer of rights, benefits and obligations under this Agreement to any bank or financial institution having its registered seat within the European Union (whereby in this case C&L has to be informed about any such transfer).
