Common use of Assignments and transfers by the Lender Clause in Contracts

Assignments and transfers by the Lender. 22.2.1. The Lender (the Existing Lender) may, by notice to the Borrower, at any time transfer (a Transfer) any of its rights or obligations under Finance Documents by way of cession and assignment or delegation (as applicable) to any other bank or financial institution or to a trust, fund or other person 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). 22.2.2. The Borrower consents to any splitting of claims that may arise as a result of the Existing Lender exercising its rights under this Clause. 22.2.3. The Borrower shall co-operate and provide to the Existing Lender (and any New Lender) such assistance and information, as may be reasonably required to implement any transfer of rights and obligations under this Clause.