Common use of Securitisation Clause in Contracts

Securitisation. A Bank may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or any notice to, the Borrower or any Security Party. The Borrower will assist the Banks as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrower shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.