Assignment and transfer by the Bank Sample Clauses

Assignment and transfer by the Bank. (a) Subject to sub-paragraph (b) of this Article 10.8 (Assignment and transfer by the Bank), the consent of the Borrower is required for an assignment or transfer (by way of novation, sub-participation or otherwise) by the Bank of all or part of its rights, benefits or obligations under the Finance Documents, unless the assignment or transfer:
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Assignment and transfer by the Bank the Bank may, upon giving notice to the Customer, assign its rights, benefits and obligations under the Transaction Documents pertaining to the Facility or any part thereof and/or transfer its obligations under the Transaction Documents or any part thereof to other financial institutions or parties approved by BNM, subject to the terms of the Transaction Documents and:-
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Assignment and transfer by the Bank. (a) The Bank may assign or transfer (by way of novation, assumption of contract (Vertragsübernahme), sub- participation or otherwise) all or part of its rights, benefits or obligations under the Finance Documents. The Borrower herewith consents to any such assignment or transfer.
Sample 1
Assignment and transfer by the Bank. The Bank may at any time and from time to time with the prior written approval of the Borrower (which approval shall not be unreasonably withheld) assign or transfer all or any part of its rights, benefits and obligations under this Agreement Provided That if the approval of the Borrower is not granted within fourteen (14) days of the Bank’s request therefor, the Bank shall be entitled to require the Borrower to prepay the Term Loan within thirty (30) days’ notice, and such prepayment shall be made or effected by the Borrower on the expiry of the period specified in the notice to the Borrower together with accrued interest on the amount prepaid and any other sums due to the Bank hereunder including, for the avoidance of doubt, any amount due under Clause 17.1. No prepayment fee, premium or penalty shall be payable for prepayments made under this Clause. Upon notice given by the Bank as aforesaid, the Term Loan Facility shall be cancelled. The Bank shall have the right at any time to sub-participate all or any of its rights and benefits under this Agreement without the consent of the Borrower.
Sample 1
Assignment and transfer by the Bank. The Bank shall be entitled to transfer or assign the whole or any part of its rights and obligations under the Facility to an affiliated, controlled or related company or other entity and provided that such assignment will not in any way be prejudicial to the Borrower from a tax perspective, subject to prior notification of the Borrower. In particular, the Bank shall not be entitled to transfer or assign the whole or any part of its rights and/or obligations under this Agreement if the consequence was that all or any of the Facilities would be deemed to be a bond for Swiss tax purposes. Any other transfer/assignment may be effected with the prior written approval of the Borrower only, which approval shall not be unduly withheld. For the transfer and/or the assignment of the Bank's rights and/or obligations and to prepare such a transfer and/or assignment of the Bank's rights and/or obligations the Borrower releases the Bank from the obligation to observe banking secrecy. -------------------------------------------------------------------------------- 14. NOTIFICATION --------------------------------------------------------------------------------
Sample 1
Assignment and transfer by the Bank. The Bank shall be entitled to transfer or assign the whole or any part of its rights and obligations under the Facility to an affiliated, controlled or related company or other entity and provided that such assignment will not in any way be prejudicial to the Borrower from a tax perspective, subject to prior notification of the Borrower. In particular, the Bank shall not be entitled to transfer or assign the whole or any part of its rights and/or obligations under this Agreement if the consequence was that all or any of the Facilities would be deemed to be a bond for Swiss tax purposes. Any other transfer/assignment may be effected with the prior written approval of the Borrower only, which approval shall not be unduly withheld. For the transfer and/or the assignment of the Bank’s rights and/or obligations and to prepare such a transfer and/or assignment of the Bank’s rights and/or obligations the Borrower releases the Bank from the obligation to observe banking secrecy.
Sample 1
Assignment and transfer by the Bank. The Bank shall be entitled to transfer or assign the whole or any part of its rights and obligations under these Facilities to an affiliated, controlled or related company or other entity, provided that such Bank shall retain a majority interest in or otherwise control such company for the duration of the loan and provided further, that such assignment will not be prejudicial to the Borrower from a tax perspective, subject to prior notification of the Borrower. Any other assignment may be effected with the prior written approval of the Borrower only, which approval shall not be unduly withheld.
Sample 1
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Related to Assignment and transfer by the Bank

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • Assignment and Transfer The Member may assign or transfer in whole but not in part its limited liability company interest to a single acquiror.

  • Assignments and transfer by Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

  • ASSIGNMENT AND TRANSFER SIGNATURE LINES FOR VALUE RECEIVED, the undersigned Holder hereby sell(s), assign(s) and transfer(s) unto ______________________________ whose taxpayer identification number is _______________________ and whose address including postal zip code is ____________________________, the within Receipt and all rights thereunder, hereby irrevocably constituting and appointing ________________________ attorney-in-fact to transfer said Receipt on the books of the Depositary with full power of substitution in the premises.

  • Assignments and Transfers by the Company This Agreement may not be assigned by the Company (whether by operation of law or otherwise) without the prior written consent of the Required Investors, provided, however, that the Company may assign its rights and delegate its duties hereunder to any surviving or successor corporation in connection with a merger or consolidation of the Company with another corporation, or a sale, transfer or other disposition of all or substantially all of the Company’s assets to another corporation, without the prior written consent of the Required Investors, after notice duly given by the Company to each Investor.

  • Assignments and transfers by the Lenders Subject to this Clause 23, a Lender (the “Existing Lender”) may:

  • Assignment and transfers by Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

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