Common use of Sub-participation Clause in Contracts

Sub-participation. For the avoidance of doubt, each Lender may grant sub-participations in respect of any or all of its rights and/or obligations under any Finance Document to any person.

Appears in 3 contracts

Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (China Mengniu Dairy Co LTD), Facility Agreement (Shanda Media LTD)

AutoNDA by SimpleDocs

Sub-participation. For the avoidance of doubt, each Lender may grant sub-participations in respect of any or all of its rights and/or obligations under any Finance Document to any personperson provided that sub-participations shall not result in increase in amounts payable by the Borrower to such Lender.

Appears in 2 contracts

Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

AutoNDA by SimpleDocs

Sub-participation. For the avoidance of doubt, each Lender may grant sub-participations in respect of any or all of its rights and/or obligations under any Finance Document to any personperson and no consent of any Obligor shall be required in respect of any of such sub-participations.

Appears in 1 contract

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.