Common use of Procedure for assignment Clause in Contracts

Procedure for assignment. (a) Subject to the conditions set out in paragraph (d) below and in Clause 23.2 (Conditions of assignment or transfer), an assignment may be effected in accordance with paragraph (b) below when the Agent executes an otherwise duly completed Assignment Agreement delivered to it by the Existing Lender and the New Lender, which delivery by the Existing Lender and the New Lender shall be no later than five (5) Business Days prior to the proposed Transfer Date specified in the Assignment Agreement. The Agent shall, subject to paragraph (d)(ii) below, as soon as reasonably practicable after receipt by it of a duly completed Assignment Agreement appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Assignment Agreement.

Procedure for assignment. (a) Subject to the conditions set out in paragraph (d) below and in Clause 23.2 (Conditions of assignment or transfer), an assignment may be effected in accordance with paragraph (b) below when the Facility Agent executes an otherwise duly completed Assignment Agreement delivered to it by the Existing Lender and the New Lender, which delivery Lender not later than the fifth Business Day (or such later Business Day accepted by the Existing Lender and the New Lender shall be no later than five (5Facility Agent) Business Days prior to the proposed Transfer Date specified in the Assignment Agreementdate of assignment. The Facility Agent shall, subject to paragraph (d)(ii) below, as soon as reasonably practicable after receipt by it of a duly completed Assignment Agreement appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Assignment Agreement.

Procedure for assignment. (a) Subject to the conditions set out in paragraph (d) below and in Clause 23.2 (Conditions of assignment or transfer), an assignment by the Existing Lender of any or all of its rights under this Agreement may be effected on the Transfer Date in accordance with paragraph (b) below when below, provided that the Agent executes an otherwise duly completed Assignment Agreement in respect of such assignment shall have been delivered to it by the Existing Lender and the New Lender, which delivery by the Existing Lender and the New Lender shall be Facility Agent no later than the date falling five (5) Business Days prior to the proposed Transfer Date specified in the such Assignment Agreement. The Facility Agent shall, subject to paragraph (d)(ii) below), as soon as reasonably practicable after receipt by it of a duly completed Assignment Agreement appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Assignment Agreement.