Common use of Assignment of Liquidity Facility Clause in Contracts

Assignment of Liquidity Facility. The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Liquidity Facility or any interest therein, unless (i) America West shall have consented to such assignment, such consent to be within America West's sole discretion, (ii) each Rating Agency shall have provided a Ratings Confirmation in respect of such assignment and (iii) in the case of the Class G Liquidity Facility only, the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed), and, upon the satisfaction of (i), (ii) and (iii) (if applicable), the Subordination Agent shall give such consent.