Transfers by the Lenders. Subject to this Clause 24 and to Clause 25 (Debt Purchase Transactions), a Lender (the “Existing Lender”) may transfer by novation any of its rights and obligations under the Finance Documents to any Eligible Lender (the “New Lender”).
Appears in 4 contracts
Samples: Restatement Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp)
Transfers by the Lenders. Subject to this Clause 24 and to Clause 25 (Debt Purchase Transactions)23, a Lender (the “"Existing Lender”") may transfer by novation any of its rights and obligations under the Finance Documents to any Eligible Lender another bank or financial institution (the “"New Lender”").
Appears in 2 contracts
Samples: Agreement (Ship Finance International LTD), Facility Agreement (Ship Finance International LTD)
