Changes to the Lenders. 25.1 Assignments and transfers by the Lenders (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender"), provided that (i) any such assignment or transfer prior to the ▇▇▇▇▇ Acceptance Date and (ii) any assignment or transfer to a financial institution other than a bank or licensed insurance company after the ▇▇▇▇▇ Acceptance Date, shall require the prior written consent of the Borrower, such consent not to be unreasonably withheld or delayed.
Appears in 2 contracts
Sources: Facility Agreement, Facility Agreement