TRANSFER. The Borrower may not transfer any of its rights and/or obligations under the Agreement without the prior written consent of the CEB. The Borrower hereby gives its consent to any transfer by the CEB of all or part of its rights and/or obligations under the Agreement. CEB will inform the Borrower prior to such transfer. ILLEGALITY If it is or becomes unlawful in any jurisdiction for the CEB to make, maintain or fund the Loan or perform any of its obligations under this Agreement, this would constitute an event in the terms of Article 3.3 (h) of the Loan Regulations and may give rise to the suspension, cancellation or early reimbursement of the Loan under the terms of Articles 3.3 (Early reimbursement of disbursed loans), 3.5 (Suspension by the Bank of undisbursed loans) and 3.6 (Cancellation by the Bank of undisbursed loans) of the Loan Regulations. NO HARDSHIP Each Party hereby acknowledges that:
Appears in 3 contracts
Sources: Loan Agreement, Loan Agreement, Okvirni Sporazum O Zajmu