Transfer by a Lender. Subject to Clause 26.4 (Effective Date of Transfer Certificate), a Lender (the “Transferor Lender”) may, (i) if such transfer is to any bank or financial institution affiliated to a Lender or if such transfer is made while an Event of Default is continuing, without the consent of the Borrower or (ii) if such transfer is to any arm’s length bank or financial institution, with the prior consent of the Borrower, (such consent not to be unreasonably withheld or delayed) at any time, cause:
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Transfer by a Lender. Subject to Clause 26.4 (Effective Date of Transfer Certificate)26.4, a Lender (the “Transferor Lender”) may, (i) if such transfer is to any bank or financial institution affiliated to a Lender or if such transfer is made while an Event of Default is continuing, without the consent of the Borrower Borrowers or (ii) if such transfer is to any arm’s length bank or financial institution, with the prior consent of the BorrowerBorrowers, (such consent not to be unreasonably withheld or delayed) at any time, cause:
Appears in 1 contract
Transfer by a Lender. Subject to Clause 26.4 (Effective Date of Transfer Certificate), a Lender (the “Transferor Lender”) may, (i) if such transfer is to any bank or financial institution affiliated to a Lender or if such transfer is made while an Event of Default is continuing, without the consent of the Borrower Borrowers or (ii) if such transfer is to any arm’s length bank or financial institution, with the prior consent of the BorrowerBorrowers, (such consent not to be unreasonably withheld or delayed) at any time, cause:
Appears in 1 contract
Transfer by a Lender. Subject to Clause 26.4 (Effective Date of Transfer Certificate)26.4, a Lender (the “Transferor Lender”) may, (i) if such transfer is to any bank or financial institution affiliated to a Lender or if such transfer is made while an Event of Default is continuing, without the consent of the Borrower or (ii) if such transfer is to any arm’s length bank or financial institution, with the prior consent of the Borrower, (such consent not to be unreasonably withheld or delayed) at any time, cause:
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)
Transfer by a Lender. Subject to Clause 26.4 (Effective Date of Transfer Certificate), a Lender (the “Transferor Lender”) may, (i) if such transfer is to any bank or financial institution affiliated to a Lender or if such transfer is made while an Event of Default is continuing, without the consent of the Borrower or (ii) if such transfer is to any arm’s length bank or financial institutionat its own cost, with the prior written consent of the Borrower, Borrowers (such consent not to be unreasonably withheld or delayed) at any timeand the Agent or without the consent of the Borrowers if an Event of Default has occurred and is continuing, cause:
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Samples: Loan Agreement (Euronav NV)