Assignments and transfers by the Lender. Subject to this Clause 21, the Lender (the "Existing Lender") may: (a) assign any of its rights; or (b) transfer by novation any of its rights and obligations, under any Finance Document to any person (the "New Lender").
Appears in 2 contracts
Sources: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)
Assignments and transfers by the Lender. Subject to this Clause 2122, the Lender (the "“Existing Lender"”) may:
(a) assign any of its rights; or
(b) transfer by novation any of its rights and obligations, under any the Finance Document Documents to any person (the "“New Lender"”).
Appears in 2 contracts
Sources: Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)
Assignments and transfers by the Lender. Subject to this Clause 21clause 22 (Changes to the Lender), the Lender (the "Existing Lender") may:
(a) assign any all of its rights; or
(b) transfer by novation any all of its rights and obligations, under any the Finance Document Documents to any person another bank or financial institution or to a trust, fund or other entity which is regularly engaged in or established for the purpose of making, purchasing, or investing in loans, securities, or other financial assets (the "New Lender").
Appears in 2 contracts
Sources: Term Loan Facility Agreement (Gran Tierra Energy Inc.), Term Loan Facility Agreement
Assignments and transfers by the Lender. Subject to this Clause 2119, the Lender (the "Existing Lender") may:
(a) assign any all of its rights; or
(b) transfer by novation any all of its rights and obligations, under any Finance Document to any another person (the "New Lender").
Appears in 1 contract
Sources: Working Capital Bridge Facility Agreement (Moscow Cablecom Corp)
Assignments and transfers by the Lender. Subject to this Clause 2122, the Lender (the "“Existing Lender"”) may:
(a) assign any of its rights; or
(b) transfer by novation any of its rights and obligations, under any Finance Document to any person other party after giving 45 days prior notice to the Borrower (the "“New Lender"”).
Appears in 1 contract