Transfers by Lender. Borrower acknowledges that Lender may assign, transfer, grant a participation in, or grant a security interest in this Agreement, any Note, or Lender’s interest therein without notice to Borrower. Any assignee or transferee of Lender shall have the rights, assigned and transferred, but none of the obligations of Lender under this Agreement, and Borrower agrees that it will not assert against any assignee or transferee of Lender any defense, counterclaim, or offset which Borrower may have or may claim against Lender or its agents. Borrower acknowledges that any assignment or transfer by Lender shall not materially change Borrower’s duties or obligations under this Agreement, any Note, or any other Loan Document.
Transfers by Lender. Pledgor agrees that upon any sale or transfer by Lender of the Loan Documents and the indebtedness evidenced thereby, Lender may deliver to the purchaser or transferee the Collateral, who shall thereupon become vested with all powers and rights given to Lender in respect thereto (and be subject to Lender’s obligations hereunder), and Lender shall be thereafter forever relieved and fully discharged from any liability or responsibility thereafter accruing in connection therewith (provided the transferee or the assignee assumes responsibility therefor).
Transfers by Lender. Subject to the same limitations as are set forth in Section 11.1 of the Management Agreement, Lender may transfer any or all of the Obligations.
Transfers by Lender. Subject to obtaining any approvals required under Applicable Law (if any) and subject to the Borrower’s right to Prepay the Loan under this section 16.2, the Lender shall be entitled to Transfer any of its rights or obligations hereunder (including any charge or pledge issued as a security for the repayment of the Loans) without the prior consent of the Borrower, provided that the Lender shall notify the Borrower in a written notice of any such intent of Transfer no fewer than thirty (30) days prior to such Transfer. The Notice shall include information regarding the identity of the transferee and its written commitment to take on itself all rights and obligations under this agreement (“Notification of Transfer”). In the event of a Transfer by the Lender, the Borrower shall have the right to notify the Lender that it wishes to Prepay the Prepayment Fee, within 30 days of receiving the Notification of Transfer (“Prepayment Notification”). Should the Borrower deliver to the Lender a Prepayment Notification and subject to the execution of such Prepayment including the Prepayment Fee in full within 30 days, no Transfer shall occur.
Transfers by Lender. The Lender may at any time assign, transfer, novate or dispose of any of, or any interest in. its rights and/or obligations under this Agreement.
Transfers by Lender. Lender may, with the prior written consent of the Company, which consent shall not be unreasonably withheld, sell, assign, pledge or transfer its rights to receive payment of up to 40% of the amounts due under this Note to another Person at any time and from time to time. The Company hereby covenants and agrees to take all steps reasonably requested by Xxxxxx to document and effect such transfer of the Lender’s rights under this Note.
Transfers by Lender. Without limitation to Clause 20.3, the Lender may transfer any of its rights and obligations under any Financing Document to any Subsidiary of the Lender. The Borrower shall enter into such documents as the Lender may reasonably stipulate in order to effect any such transfer.
Transfers by Lender. The Lender may assign or transfer all or any part of its rights, benefits and/or obligations under this Agreement and/or any of the other Security Documents to any one or more banks or other financial institutions (a “Transferee”) (i) if the Transferee is a company affiliated to, or in the same group or ownership or control as the Lender, without the consent of, or consultation with, the Borrowers and (ii) otherwise, without the prior written consent of the Borrowers but after consultation with the Borrowers, provided always that any such Transferee, by delivery of such undertaking as the Lender may approve, becomes bound by the terms of this Agreement and agrees to perform all or, as the case may be, relevant part of the Lender’s obligations under this Agreement.
Transfers by Lender. The Lender may, without notifying any Obligor, assign, transfer, sub-participate or otherwise deal with:
Transfers by Lender. (a) Subject to this Clause 20.2, the Lender (the Existing Lender) may assign any of its rights under the Finance Documents to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender).
