Common use of Assignment and Sale Clause in Contracts

Assignment and Sale. 19.1 Subject always to the provisions of Clause 20 (Change of and Role of Security Trustee), no party hereto shall be entitled to assign all or any part of its rights or obligations hereunder to any other party without the prior written consent of each of the other parties hereto (which shall not, if requested, be unreasonably withheld) save that the Issuer shall be entitled to assign whether by way of security or otherwise all or any of its rights under this Agreement without such consent to the Security Trustee pursuant to the Deed of Charge and the Security Trustee may at its sole discretion assign all or any of its rights under or in respect of this Agreement without such consent to any successor or additional Security Trustee in exercise of its rights under the Deed of Charge.

Appears in 3 contracts

Samples: Version Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

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Assignment and Sale. 19.1 18.1 Subject always to the provisions of Clause 20 19 (Change of and Role of Security Trustee), no party hereto shall be entitled to assign all or any part of its rights or obligations hereunder to any other party without the prior written consent of each of the other parties hereto (which shall not, if requested, be unreasonably withheld) save that the Issuer shall be entitled to assign whether by way of security or otherwise all or any of its rights under this Agreement without such consent to the Security Trustee pursuant to the Deed of Charge and the Security Trustee may at its sole discretion assign all or any of its rights under or in respect of this Agreement without such consent to any successor or additional Security Trustee in exercise of its rights under the Deed of Charge.

Appears in 2 contracts

Samples: Agreement, Version Mortgage Sale Agreement November 2016 Accord Mortgages

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Assignment and Sale. 19.1 Subject always to the provisions of Clause 20 (Change of and Role of Security Trustee), no party hereto shall be entitled to assign all or any part of its rights or obligations hereunder to any other party without the prior written consent of each of the other parties hereto (which shall not, if requested, be unreasonably withheld) save that the Issuer shall be entitled to assign whether by way w ay of security or otherwise all or any of its rights under this Agreement without such consent to the Security Trustee pursuant to the Deed of Charge and the Security Trustee may at its sole discretion disc retion assign all or any of its rights under or in respect of this Agreement without such consent to any successor or additional Security Trustee in exercise of its rights under the Deed of Charge.

Appears in 1 contract

Samples: Version Mortgage Sale Agreement

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