Conditions of Transfer. (a) The consent of the Borrower (but not the other Obligors) is required for a transfer by a Lender unless the transfer is to another Lender or an Affiliate of a Lender or an Event of Default is continuing, in which case, no consent from the Borrower is required (unless the transfer would result in the Borrower having to make any payment described in paragraph (d)(ii) below).
Appears in 5 contracts
Samples: Agreement (Las Vegas Sands Corp), Restatement Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp)
Conditions of Transfer. (a) The consent of the Borrower (but not the other Obligors) is required for a transfer by a Lender an Existing Lender, unless the transfer is to another Lender or an Affiliate of a Lender or an Event of Default is continuing, in which case, no consent from the Borrower is required (unless the transfer would result in the Borrower having to make any payment described in paragraph (d)(ii) below)Lender.
Appears in 2 contracts
Samples: Facility Agreement (DryShips Inc.), Facility Agreement (Ocean Rig UDW Inc.)
Conditions of Transfer. (a) The consent of the Borrower (but not the other Obligors) is required for a transfer by a Lender Lender, unless the transfer is to another Lender or an Affiliate affiliate of a Lender or an Event of Default is continuing, in which case, no consent from the Borrower is required (unless the transfer would result in the Borrower having to make any payment described in paragraph (d)(ii) below)Lender.
Appears in 2 contracts
Samples: Agreement (Ship Finance International LTD), Facility Agreement (Ship Finance International LTD)
Conditions of Transfer. (a) The consent of the Borrower (but not the other Obligors) is required for a transfer by a Lender an Existing Lender, unless the transfer is (i) to another Lender or an Affiliate of a Lender or Lender, (ii) an Event of Default has occurred which is continuingcontinuing or (iii) is in connection with the implementation of any securitisation, in which case, no consent from the Borrower is required (unless the transfer would result in the Borrower having to make covered bond program or any payment described in paragraph (d)(ii) below)similar or equivalent transaction.
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Conditions of Transfer. (a) The consent of the Borrower (but not the other Obligors) is required for a transfer by a Lender Lender, unless the transfer is to another Lender or an Affiliate of a Lender or an Event of Default is continuing, in which case, no consent from the Borrower is required (unless the transfer would result in the Borrower having to make any payment described in paragraph (d)(ii) below).
Appears in 1 contract
Samples: Agreement (Las Vegas Sands Corp)
Conditions of Transfer. (a) The consent of the Borrower (but not of the other ObligorsMaterial Project Parties or the Sponsor) is required for a transfer by a Lender Lender, unless the transfer is to another Lender or an Affiliate of a Lender or an Event of Default is continuing, in which case, no consent from the Borrower is required (unless the transfer would result in the Borrower having to make any payment described in paragraph (d)(ii) below).
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