ASSIGNMENT AND TRANSFERS BY BANKS Sample Clauses

ASSIGNMENT AND TRANSFERS BY BANKS. 30.3.1 Any Bank may, at any time, assign all or any of its rights and benefits hereunder or transfer in accordance with Clause 30.5 (Transfers by Banks) all or any of its rights, benefits and obligations hereunder to, or enter into any form of sub-participation agreement with, a bank or financial institution, provided that such Bank procures that the assignee or Transferee executes and delivers to the Agent an Intercreditor Accession Deed in the form attached to the Intercreditor Agreement.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
ASSIGNMENT AND TRANSFERS BY BANKS. Any Bank may, at any time, assign all or (subject to the proviso below) any of its rights and benefits hereunder or transfer in accordance with Clause 35.5 all or any of its rights, benefits and obligations hereunder (i) to any holding company, any of its wholly-owned subsidiaries or any affiliate or (ii) with the prior written consent of the Principal Company (not to be unreasonably withheld or delayed) to any other person provided that (without prejudice to a Bank's right to assign and/or transfer all of its rights, benefits and obligations hereunder in accordance with this Clause 35.3) a Bank shall be entitled to assign and/or transfer part of its Participation hereunder only in an amount equal to or exceeding $10,000,000 and then only if it retains a Participation of not less than $25,000,000.
Sample 1Sample 2Sample 3See All (5)
ASSIGNMENT AND TRANSFERS BY BANKS. Any Bank may, at any time, assign all or (subject to the provisos below) any of its rights and benefits hereunder or transfer in accordance with Clause 25.5 all or any of its rights, benefits and obligations hereunder (i) to any holding company, any of its wholly-owned subsidiaries or any affiliate or (ii) with the prior written consent of the Principal Company (such consent not to be unreasonably withheld or delayed and the Principal Company will be deemed to have given its consent five business days after the Facility Agent has notified it in writing of the proposed transfer or assignment unless such consent is expressly refused by the Principal Company in writing within that time) to any other person provided that
Sample 1
ASSIGNMENT AND TRANSFERS BY BANKS. Any Bank may at any time assign or transfer in accordance with Clause 36.3 all or part of such Bank's rights, benefits and obligations under this Agreement to any bank or financial institution which is a Qualifying Lender with the consent of the Company (such consent not to be unreasonably withheld or delayed and not to be required for assignments or transfers from a Bank to another Bank or to an Affiliate of that Bank) Provided that no such transfer or assignment shall be made if the result thereof, at the time of such transfer or assignment or immediately thereafter, would be that the Borrower would be liable to pay an additional amount or amounts pursuant to Clauses 16.1 (Gross-up), 16.2 (Tax Indemnity) or 17 (Increased Costs) which additional amount or amounts would not have been payable had no such transfer or assignment occurred.
Sample 1
ASSIGNMENT AND TRANSFERS BY BANKS. Any Bank may, at any time, assign all or any of its rights (in an amount equal to or greater than (Euro)2,500,000) hereunder or transfer in accordance with Clause 35.5 (Transfers by Banks) all or any of its rights and obligations hereunder to a Qualifying Bank, provided that;
Sample 1
ASSIGNMENT AND TRANSFERS BY BANKS. Any Bank may, at any time, assign all or (subject to the proviso below) any of its rights and benefits hereunder or transfer in accordance with Clause 24.5 all or any of its rights, benefits and obligations hereunder (i) to any holding company, any of its wholly-owned subsidiaries or any affiliate, (ii) in connection with primary syndication of the Facility, (iii) to any other Bank or (iv) with the prior written consent of the Principal Company (not to be unreasonably withheld or delayed) to any other person provided that (without prejudice to a Bank's right to assign and/or transfer all of its rights, benefits and obligations hereunder in accordance with this Clause 24.3) a Bank shall be entitled to assign and/or transfer part of its Participation hereunder only in an amount equal to or exceeding EUR 10,000,000 and then only if it retains a Participation of not less than EUR 10,000,000. Any Bank which assigns all or any of its rights and benefits hereunder or transfers in accordance with Clause 24.5 all or any of its rights, benefits and obligations hereunder to any other Bank shall notify the Principal Company thereof.
Sample 1

Related to ASSIGNMENT AND TRANSFERS BY BANKS

  • Assignment and transfers by Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

  • Assignments and transfers by Lenders (a) A Lender (the Existing Lender) may, subject to the following provisions of this Subclause, at any time assign or transfer (including by way of novation) any of its rights and obligations under this Agreement to any other person (the New Lender).

  • Assignments and transfers by Obligors No Obligor may assign or transfer any of its rights and obligations under the Finance Documents without the prior consent of all the Lenders.

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • Assignments and Transfers by Investors The provisions of this Agreement shall be binding upon and inure to the benefit of the Investors and their respective successors and assigns. An Investor may transfer or assign, in whole or from time to time in part, to one or more persons its rights hereunder in connection with the transfer of Registrable Securities by such Investor to such person, provided that such Investor complies with all laws applicable thereto and provides written notice of assignment to the Company promptly after such assignment is effected.

  • Transfers by Banks If a Bank wishes to transfer all or any of its rights, benefits and/or obligations hereunder as contemplated in Clause 26.2 (ASSIGNMENTS AND TRANSFERS BY BANKS), then such transfer may be effected by the delivery to the Agent and the Borrower of a duly completed and duly executed Transfer Certificate in which event, on the later of the Transfer Date specified in such Transfer Certificate and the fifth business day after (or such earlier business day endorsed by the Agent on such Transfer Certificate) the date of delivery of such Transfer Certificate to the Agent:

  • Assignments and transfers by the Lenders Subject to this Clause 23, a Lender (the “Existing Lender”) may:

  • Assignment and Transfer The Member may assign or transfer in whole but not in part its limited liability company interest to a single acquiror.

  • Assignments by Banks Any Bank may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided that

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

Time is Money Join Law Insider Premium to draft better contracts faster.