Assignment by Collateral Agent. The Collateral Agent may assign or transfer its rights and obligations under this Lenders’ Remedies Agreement to a successor Collateral Agent in accordance with the Senior Financing Agreements without the consent of the Authority, provided that the Collateral Agent delivers to the Authority not less than 10 Business Days prior to such assignment or transfer a notice setting out such contact information regarding the assignee or transferee as the Authority may reasonably require and provided the assignee or transferee is not a Restricted Person.
Appears in 2 contracts
Sources: Lenders’ Remedies Agreement, Assignment of Master Agreement