Common use of Transfers by Banks Clause in Contracts

Transfers by Banks. (a) A Bank (the Existing Bank) may at any time assign, transfer or novate any of its Commitment and/or rights and/or obligations under this Agreement to another bank or financial institution (the New Bank). The prior consent of the Company is required for any such assignment, transfer or novation, unless the New Bank is another Bank or an Affiliate of a Bank. However, the prior consent of the Company must not be unreasonably withheld or delayed.

Transfers by Banks. (a) A Bank (the "Existing Bank") may at any time assign, transfer or novate any of its Commitment and/or rights and/or obligations under this Agreement (in a minimum amount equal to (pound)10,000,000 or, if less with respect to a particular Bank, the balance of that Bank's Commitment at the time of transfer) to another bank or financial institution which is a Qualifying Bank (the "New Bank"). The prior consent of the Company is required for any such assignment, transfer or novation, unless the New Bank is another Bank or an Affiliate of a Bank. However, the prior consent of the Company must not be unreasonably withheld or delayed.unless:

Transfers by Banks. (a) A Bank (the "Existing Bank") may at any time assign, transfer or novate any of its Commitment and/or rights and/or obligations under this Agreement (in a minimum amount equal to (Pounds)10,000,000 or, if less with respect to a particular Bank, the balance of that Bank's Commitment at the time of transfer) to another bank or financial institution which is a Qualifying Bank (the "New Bank"). The prior consent of the Company is required for any such assignment, transfer or novation, unless the New Bank is another Bank or an Affiliate of a Bank. However, the prior consent of the Company must not be unreasonably withheld or delayed.unless:

Transfers by Banks. (a) A Bank (the "Existing Bank") may may, subject to Clause 28.4 (Reference Banks), at any time without the consent of the Company, assign, transfer or novate all or any part of its Commitment and/or any of its rights and/or obligations under this Agreement to another bank or financial institution person (the "New Bank"). The prior consent of the Company is required for any such Any partial assignment, transfer or novation, unless novation must be in a minimum amount of US$10,000,000 or the New Bank is another Bank or an Affiliate whole of a that Bank. However, the prior consent of the Company must not be unreasonably withheld or delayed's Commitment if less.

Transfers by Banks. (a) A Bank (the Existing Bank) may at any time assign, transfer or novate any of its Commitment and/or rights and/or obligations under this Agreement (in a minimum amount equal to US$10,000,000 or, if less with respect to a particular Bank, the balance of that Bank’s Commitment at the time of transfer) to another bank or financial institution institution, trust, fund or other entity which is a Qualifying Bank (the New Bank). The prior consent of the Company is required for any such assignment, transfer or novation, unless the New Bank is another Bank or an Affiliate of a Bank. However, the prior consent of the Company must not be unreasonably withheld or delayed.unless:

Transfers by Banks. (a) A Bank (the Existing Bank) may at any time assign, transfer or novate any of its Commitment and/or rights and/or obligations under this Agreement (in a minimum amount equal to £10,000,000 or, if less with respect to a particular Bank, the balance of that Bank’s Commitment at the time of transfer) to another bank or financial institution institution, trust, fund or other entity which is a Qualifying Bank (the New Bank). The prior consent of the Company is required for any such assignment, transfer or novation, unless the New Bank is another Bank or an Affiliate of a Bank. However, the prior consent of the Company must not be unreasonably withheld or delayed.unless: