Changes to the Lenders. Subject to this Clause 25 and to Clause 26 (Restriction on Debt Purchase Transactions), any Lender (an “Existing Lender”) may: (a) assign any of its rights; or (b) transfer (by way of novation) any of its rights and obligations, under any Finance Document to a 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) (a “New Lender”).
Appears in 3 contracts
Sources: Unsecured NGN Revolving Credit Facility Agreement (IHS Holding LTD), Unsecured NGN Term Facility Agreement (IHS Holding LTD), Unsecured NGN Revolving Credit Facility Agreement (IHS Holding LTD)