Common use of Transfer of the Agreement Clause in Contracts

Transfer of the Agreement. 1. At any time and for any reason whatsoever, the Lender has the right unilaterally to transfer its rights under this Agreement to a third party, which thereby also accepts the responsibilities of the Lender. Any transfer of the Lender's rights under this Agreement does not require the Borrower's approval.

Transfer of the Agreement. 1. At any time and for any reason whatsoever, the Lender has the right unilaterally to transfer its rights under this Agreement agreement to a third party, which thereby also accepts the responsibilities of the Lender. Any transfer of the LenderXxxxxx's rights under this Agreement agreement does not require the BorrowerXxxxxxxx's approval.