Assignment of Lender's Interest. Each Lender shall have the right to assign its Loans and all or any portion of its rights in or pursuant to this Agreement or any of the Loan Documents to any subsequent holder or holders of its Note or the Obligations evidenced thereby, provided that each Lender shall give Agent concurrent written notice of each such assignment.
Assignment of Lender's Interest. Lender shall have the right to assign the Loan and all or any portion of its rights in or pursuant to this Agreement or any of the Loan Documents to any subsequent holder or holders of the Note or the Obligations evidenced thereby.
Assignment of Lender's Interest. Lender shall have the right to assign all or any portion of its rights in this Agreement to any subsequent holder or holders of the Indebtedness.
Assignment of Lender's Interest. Lender shall have the right to assign the Loan and all or any portion of its rights in or pursuant to this Agreement or any of the other Loan Documents to any subsequent holder or holders of the Note or the Obligations that assumes Lender's obligations hereunder and is a bank, pension fund, insurance company, or other institutional investor. The consent of Borrower shall not be required prior to any such assignment's becoming effective. Borrower shall be directly obligated to each assignee with respect to the Obligations assigned to such assignee and shall have no rights of setoff or other remedies against the assignee as a consequence of Lender's acts or omissions under this Agreement prior to such assignment. Upon the consummation of any assignment to an assignee pursuant to this Section 9.8, Lender and Borrower shall, if Lender or its assignee desires that the assignment be evidenced in part by a new promissory note, make appropriate arrangements for a new promissory note or, as appropriate, a replacement promissory note to be issued to Lender and for a new promissory note or, as appropriate, a replacement promissory note, to be issued to the assignee, in each case in principal amounts reflecting their respective rights to payment.
Assignment of Lender's Interest. It is expressly agreed that any and all terms of this Agreement, the other Loan Documents and all other agreements made or executed by Borrower or others in favor of Lender, and all rights, powers, privileges, options and remedies conferred to Lender herein and therein, shall inure to and be for the benefit of and may be exercised by Lender, its successors and assigns.
Assignment of Lender's Interest. Lender may, at any time and without the consent of Borrower, grant participations in or sell, transfer, assign, or convey all or any portion of its rights, title, and interest in and to the Loan, the Note, this Agreement, and the other Loan Documents, any guaranties given in connection with the Loan, and the Collateral. If Lender sells, transfers, conveys, or assigns all of Lender's right, title, and interest in the Loan or the Note, Lender shall give notice thereof to Borrower, whereupon Lender shall be fully released from all liability and obligations of Lender under the Note and under all other transferred Loan Documents from and after the date of such transfer, provided that such transferee agrees to be bound by the obligations of Lender thereunder. Notice to Borrower shall not be required for any partial sale, transfer, assignment, or conveyance of the Loan or the Note.
Assignment of Lender's Interest. Lender shall have the right to assign all or any portion of its rights in this Agreement to any subsequent holder or holders of the Indebtedness; provided that so long as no Event of Default has occurred and is continuing, such assignment shall be to a Qualified Assignee and shall require the consent of the Borrower, which consent shall not be unreasonably withheld and shall not be required in connection with (i) an assignment to an Affiliate of the Lender, (ii) an assignment of Lender's whole portfolio of timeshare related loans, or (iii) after the end of the Revolving Period. Upon such assignment, such assignee shall be a party hereto (or execute a separate agreement in form and substance acceptable to each of the other parties hereto) and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such assignment, shall have the rights and obligations of the Lender under this Agreement (or the same rights and obligations under a separate agreement in form and substance acceptable to each of the other parties hereto) and the Lender shall, to the extent that rights and obligations hereunder have been assigned by it pursuant to such assignment, relinquish its rights and be released from its obligations hereunder.
Assignment of Lender's Interest. (a) Lender, and each successor to Lender's interest, has the right, in its sole discretion, to transfer, sell, pledge, assign or otherwise encumber or dispose of its interest in the Loan and/or servicing rights with respect thereto, to grant participations herein, or to issue pass-through certificates or other securities ("Securities") evidencing a beneficial interest in a rated or unrated public offering or private placement of which the Loan will be made a part; provided, however, that for so long as Borrower is not in default hereunder, each such transfer shall be subject to Borrower's rights hereunder. Upon notification of any such transfer, Borrower agrees to make all payments required under the Note and this Agreement to the designated transferee without asserting any defense, setoff, recoupment, claim or counterclaim which Borrower may have against Lender.
Assignment of Lender's Interest. (a) Subject to the provisions of Section 11.18, Lender shall have the right to assign, participate or transfer all or any part of the Inventory Loan and all or any part of its rights in or pursuant to this Agreement or any of the Loan Documents including, without limitation, to an affiliate of Lender. All assignees, participants and transferees shall be entitled to the benefits of this Agreement and the Loan Documents. The consent of Borrower shall not be required for any such assignment, participation or transfer and failure to give notice of any assignment, participation or transfer shall not affect the validity or enforceability of this Agreement, any Loan Document, or subject Lender to any liability; provided, that Lender shall promptly provide Borrower with written notice of any such assignment or transfer. Borrower consents to the dissemination of information regarding the Obligations, the Inventory Loan, Borrower, Borrower's business, and all matters related hereto in connection with any assignment, participation or sale.
Assignment of Lender's Interest. Lender shall have the right to -------------------------------- assign all or any portion of its rights in this Agreement to any subsequent holder or holders of the Indebtedness; provided however, that if any such assignment is made to any Person other than TFC or any of its subsidiaries, such assignment shall include an amendment to this Agreement deleting clause (iv) of Section 1.1(y) of this Agreement.
