Changes to the Lenders. 24.1 Assignments and transfers by the Lenders Subject to this Clause 24, a Lender (the "Existing Lender") may:
Changes to the Lenders. 22.1 Assignments and transfers and changes in Facility Office by the Lenders Subject to this clause, a Lender (the “Existing Lender”) may:
Changes to the Lenders. 22.1 Assignments and transfers by the Lenders
Changes to the Lenders. 100 27. CHANGES TO THE OBLIGORS .......................................................................... 104 28. ROLE OF THE AGENT, THE SECURITY AGENT AND, THE ARRANGERS ............................ 106 29. APPLICATION OF PROCEEDS ........................................................................... 118 30. CONDUCT OF BUSINESS BY THE FINANCE PARTIES ................................................. 119 31. SHARING AMONG THE FINANCE PARTIES ............................................................. 119 32.
Changes to the Lenders. 25.1 Assignments and transfers by the Lenders Subject to this Clause 25 (Changes to the Lenders), a Lender (the "Existing Lender") may assign and transfer any of its rights and/or obligations hereunder 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"), provided that no assignment or transfer can be made to an Obligor or any of their Affiliates. The Lenders shall notify the Borrower of any proposed assignment or transfer, unless an Event of Default has occurred. The consent of the Obligors is required for an assignment or transfer by an Existing Lender, unless the assignment or transfer is:
Changes to the Lenders. Cessions and delegations by the Lenders Subject to this Clause 23, a Lender (the Existing Lender) may transfer, cede and/or delegate any of its rights under any Finance Document (a Transfer) to an Eligible Institution 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). The Parent hereby consents to any splitting of claims which may arise as a result of a Transfer permitted by this Agreement. Conditions of Transfer The consent of the Parent is required for Transfer by an Existing Lender, unless the Transfer: 23.3.1.1 is to another Lender or an Affiliate of a Lender; or 23.3.1.2 takes effect at a time when an Event of Default has occurred and is continuing. 68 Conformed copy_ N1 ZAR RCF 2023.EXECUTION II COPY(14711136.2) The consent of the Parent to a Transfer (if required) must not be unreasonably withheld or delayed. The Parent will be deemed to have given its consent 5 (five) Business Days after the Existing Lender has requested it unless consent is expressly refused by the Parent within that time. A Transfer will only be effective if the procedure set out in Clause 23.6 (Procedure for transfer) is complied with. If: 23.3.4.1 a Lender Transfers any of its rights or obligations under the Finance Documents or changes its Facility Office; and 23.3.4.2 as a result of circumstances existing at the date the Transfer or change occurs, an Obligor would be obliged to make a payment to the New Lender or Lender acting through its new Facility Office under Clause 12 (Tax Gross-up and Indemnities) or Clause 13 (Increased Costs), then the New Lender or Lender acting through its new Facility Office is only entitled to receive payment under those Clauses to the same extent as the Existing Lender or Lender acting through its previous Facility Office would have been if the Transfer or change had not occurred. Each New Lender, by executing the relevant Transfer Certificate, confirms, for the avoidance of doubt, that the Facility Agent has authority to execute on its behalf any amendment or waiver that has been approved by or on behalf of the requisite Lender or Lenders in accordance with this Agreement on or prior to the date on which the Transfer becomes effective in accordance with this Agreement and that it is bound by that decision to the same extent as the Existing Lender would have been had it remained a Lender. Transfer fee The New Lender shall, on the date up...
Changes to the Lenders. 57 26. Changes To The Borrower........................................................................60 27. Role Of The Agent And The Joint Lead Arrangers.................................................61 28. Conduct Of Business By The Finance Parties.....................................................65 29. Sharing Among The Lenders......................................................................66 30.
Changes to the Lenders. Assignments by the Lenders
Changes to the Lenders. 23.1 Assignments and transfers by the Lenders No Lender may transfer or assign any of its rights or obligations under any Finance Document, except that, subject to this Clause 23, a Lender (the "Existing Lender") may:
Changes to the Lenders. Subject to this Clause 25 and to Clause 26 (Restriction on Debt Purchase Transactions), any Lender (an “Existing Lender”) may:
