Common use of Sub-participation Clause in Contracts

Sub-participation. Except with the consent of the Borrowers (such consent not to be unreasonably withheld), a Bank may not sub-participate all or any part of its rights and/or obligations under the Security Documents or enter into any contractual arrangement with any person (other than as permitted under Clause 24.3) the effect of which is to give that person an interest in that Bank's rights and/or obligations under the Security Documents.

Sub-participation. Except with the consent of the Borrowers (such consent not to be unreasonably withheld), a A Bank may not sub-participate all or any part of its rights and/or obligations under the Security Documents without the consent of, or enter into any contractual arrangement notice to, the Borrowers but with any person the prior written consent of the Agent (other than as permitted under Clause 24.3) the effect of which is such consent not to give that person an interest in that Bank's rights and/or obligations under the Security Documentsbe unreasonably withheld).

Sub-participation. Except with the consent of the Borrowers Borrower (such consent not to be unreasonably withheld), a Bank may not sub-participate all or any part of its rights and/or obligations under the Security Documents or enter into any contractual arrangement with any person (other 150 than as permitted under Clause 24.3) the effect of which is to give that person an interest in that Bank's rights and/or obligations under the Security Documents.