Common use of The Third Parties Clause in Contracts

The Third Parties. (a) for exercising the rights of the Bank due to the failure of the Customer to duly perform conditions outlined in the Agreement, and/or for monitoring of fulfillment by the Customer of the conditions of the Agreement; or (b) which are interested in acquiring/syndication if the Bank claims arising from the Agreement and/or assignment of obligations of the Customer.

Appears in 16 contracts

Samples: Specific Terms, Specific Terms, conditions.bog.ge

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The Third Parties. (a) for exercising the rights of the Bank due to the failure of the Customer to duly perform conditions outlined in the Agreement, and/or for monitoring of fulfillment by the Customer of the conditions of the Agreement; or (b) which are interested in acquiring/syndication if of the Bank claims arising from the Agreement and/or assignment of obligations of the Customer.

Appears in 9 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

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