Assignments to Affiliates. Notwithstanding the foregoing ------------------------- provisions of this Section 11, each Bank may at any time sell, assign, transfer, or negotiate all or any part of its Revolving Loan Commitment and Revolving Credit Loans to any Affiliate of such Bank; provided that an Affiliate to whom -------- such disposition has been made shall not be considered a "Bank" for purposes of this Loan Agreement other than for purposes of Section 9.2 hereof; provided further that the Borrower shall not incur any additional ---------------- expenses solely as a result of such sale, assignment, transfer or negotiation.
Assignments to Affiliates. Notwithstanding anything in the Lease to the contrary, but subject to Sections 16.3 and 16.4, Tenant may assign this Lease or sublease the Premises, without prior notice to Landlord, the consent of Landlord or the payment of any fees or sums whatsoever to Landlord, to the following (collectively, a “Permitted Assignee”): (i) to any parent, subsidiary, or affiliate entity; or,
Assignments to Affiliates. Notwithstanding anything in Section 11.07 to the contrary, any Lender may assign all or any portion of its interest in the Loans to its Affiliate without the acceptance or consent of Agent or Borrower and without payment of any fees.
Assignments to Affiliates. SOCAR shall be entitled at any time to assign all or part of such interest to one or more of its Affiliates without the approval of Contractor; provided, however, that any such Affiliate satisfies the requirements of Article 22.2(c)(i) above, and further provided that SOCAR shall remain liable for obligations under this Contract in the same manner as though no assignment had been made unless and until said assignment is approved or deemed approved by Contractor, in the manner provided under Article 22.2(c)(iii).
Assignments to Affiliates. Lender may assign all or any portion of its interest in the Revolving Loan to its Affiliates without the acceptance or consent of Lender or Borrower, and may assign all or any portion of its interest in the Revolving Loan to the Federal Reserve Bank without acceptance or approval of Borrower.
Assignments to Affiliates. Notwithstanding anything else to the contrary herein, either Party may assign its assignable rights and obligations under this Agreement to an Affiliate of that Party without the consent of the other Party so long as the assigning Party remains liable for all obligations under this Agreement (unless otherwise consented to by the other Party, not to be unreasonably withheld, conditioned or delayed).
Assignments to Affiliates. Notwithstanding the foregoing, any Lender (or any Lender together with one or more other Lenders) may (x) assign all or a portion of its Commitments and related outstanding Obligations (or, if the Commitments with respect to the relevant Tranche have terminated, outstanding Obligations) hereunder to (i) its parent company and/or any affiliate of such Lender which is at least 50% owned by such Lender or its parent company or to one or more Lenders or (ii) in the case of any Lender that is a fund that invests in loans, any other fund that invests in loans and is managed or advised by the same investment advisor of such Lender or by an Affiliate of such investment advisor or (y) assign all, or if less than all, a portion equal to at least $1,000,000 in the aggregate for the assigning Lender or assigning Lenders, of such Commitments and related outstanding Obligations (or, if the Commitments with respect to the relevant Tranche have terminated, outstanding Obligations) hereunder to one or more Eligible Transferees (treating any fund that invests in loans and any other fund that invests in loans and is managed or advised by the same investment advisor of such fund or by an Affiliate of such investment advisor as a single Eligible Transferee), each of which assignees shall become a party to this Agreement as a Lender by execution of an Assignment and Assumption Agreement, provided that,
Assignments to Affiliates. 80 12.4 No Release of Obligations................................80 SECTION 13 INDEMNITY................................................80 SECTION 14 NOTICES..................................................80 SECTION 15 MISCELLANEOUS............................................82
Assignments to Affiliates. Notwithstanding anything in the Lease to the contrary, but subject to Sections 16.3 and 16.4, Tenant may assign this Lease or sublease the Premises, without prior notice to Landlord, the consent of Landlord or the payment of any fees or sums whatsoever to Landlord, to the following (collectively, a “Permitted Assignee”): (i) to any parent, subsidiary, or affiliate entity; or, (ii) to any successor in interest of all or substantially all of the assets, stock or business of Tenant to which this Lease pertains). A person, association, partnership, corporation or joint-stock company, trust, or other business entity, however organized, is an affiliate of the person or entity which directly or indirectly, through one (1) or more intermediaries, controls, is controlled by, or is under common control with, such person. Control shall be defined as: (x) ownership of more than fifty percent (50%) of the voting power of all classes of voting stock; or, (y) ownership of more than fifty percent (50%) of the beneficial interests in income and capital of an entity other than a corporation. Tenant shall give Landlord written notice of such assignment or sublease to a Permitted Transferee within thirty (30) days of its completion.
Assignments to Affiliates. If no default on the part of Tenant has occurred and is continuing, Tenant may assign this Lease or sublet any portion of the Premises to a parent or subsidiary of Tenant, or to an entity into which Tenant is merged or consolidated or to an entity to which substantially all of Tenant’s assets are transferred (collectively, “Tenant Affiliate”), without first obtaining Landlord’s written consent, if Tenant notifies Landlord at least ten (10) business days prior to the proposed transaction, providing information satisfactory to Landlord in order to determine the net worth both of the successor entity and of Tenant immediately prior to such assignment, and showing the net worth of the successor to be at least equal to the net worth of Tenant.
