Notwithstanding Section 11.07(a), the Sample Clauses
This clause serves to create an exception to the rules or requirements established in Section 11.07(a) of the agreement. In practice, it means that despite what is stated in Section 11.07(a), the terms that follow this clause will take precedence or provide an alternative approach for specific circumstances. For example, if Section 11.07(a) sets a general rule about notice requirements, this clause could allow for a different notice period or method in certain cases. Its core function is to carve out a specific exception, ensuring flexibility or addressing unique situations that the general rule does not adequately cover.
Notwithstanding Section 11.07(a), the. Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender, except as provided in Section 7.04.