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

Assignments and transfers by the Lenders. Subject to this Clause 24, a Lender (the "Existing Lender") may: (a) assign any of its rights (legal, beneficial or economic); or (b) transfer by novation any of its rights and obligations (in each case legal, beneficial or economic) under any Loan (other than a Loan made to the Canadian Borrower), to 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").

Assignments and transfers by the Lenders. Subject to this Clause 2425, a Lender (the "Existing Lender") may: (a) assign any of its rights (legal, beneficial or economic); or (b) transfer by novation any of its rights and obligations (in each case legal, beneficial or economic) under any Loan (other than a Loan made to the Canadian Borrower), to 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").

Assignments and transfers by the Lenders. Subject to this Clause 24, a Lender (the "Existing Lender") may: (a) assign any of its rights (legal, beneficial or economic)rights; or (b) transfer by novation any of its rights and obligations (in each case legal, beneficial or economic) under any Loan (other than a Loan made to the Canadian Borrower)obligations, to another bank or financial institution or which is a Qualifying Lender or, following the occurrence of an Event of Default which is continuing, 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 which, in each case, is a Qualifying Lender (the "New Lender").

Assignments and transfers by the Lenders. Subject to this Clause 24, a Lender (the "“Existing Lender"”) may: (a) assign any of its rights (legal, beneficial or economic)rights; or (b) transfer by novation any of its rights and obligations (in each case legal, beneficial or economic) under any Loan (other than a Loan made to the Canadian Borrower)obligations, to another bank or financial institution or which is a Qualifying Lender or, following the occurrence of an Event of Default which is continuing, 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 which, in each case, is a Qualifying Lender (the "“New Lender"”).

Assignments and transfers by the Lenders. Subject to this Clause 2422, a Lender (the "Existing Lender") may: (a) assign any of its rights (legal, beneficial or economic); orrights; (b) transfer by novation any of its rights and obligations obligations; or (in each case legalc) sub-participate, beneficial or economic) under enter into any Loan (other than agreement or arrangement having an economic effect substantially similar to a Loan made to the Canadian Borrower)sub-participation of, any of its obligations, to 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").