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

Assignments and transfers by the Lenders. Subject to this clause 28 and to clause 29 (Restriction on Debt Purchase Transactions), a Lender (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 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 (New Lender).

Appears in 3 contracts

Sources: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)

Assignments and transfers by the Lenders. Subject to the other provisions of this clause 28 ▇▇▇▇▇▇ and to clause 29 Clause 26 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 3 contracts

Sources: Facility Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 25 and to clause 29 Clause 26 (Restriction on Debt Purchase Transactions), a an existing 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, 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: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 21 and to clause 29 Clause 23 (Restriction on Debt Purchase Transactions), a Lender (the Existing Lender) may: (a) assign any of its rightsrights under the Finance Documents to; or (b) transfer by novation any of its rights and obligationsobligations under the Finance Documents to; or (c) enter into a Voting Participation with, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the New Lender).

Appears in 1 contract

Sources: Senior Facility Agreement (Wanda Sports Group Co LTD)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 25 and to clause 29 Clause 26 (Restriction on Debt Purchase Transactions), a Lender (the “Existing Lender) may: (a) assign any of its rights; or; (b) transfer by novation any of its rights and obligations; or (c) sub-participate any of its rights or obligations, under any Finance Document to another bank or financial institution or to a trust, fund or any insurance or reinsurance company or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Term Credit Facility Agreement (Axian Telecom)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 26 and to clause 29 Clause 27 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Facility Agreement (Gulfmark Offshore Inc)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 26 and to clause 29 Clause 27 (Restriction on Restrictions On Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Senior Term Facilities Agreement (NeoGames S.A.)

Assignments and transfers by the Lenders. (a) Subject to this clause 28 Clause 25 and to clause 29 Clause 26 (Restriction Prohibition on Debt Purchase Transactions), a Lender (the “Existing Lender") may: (ai) assign any of its rights; or (bii) transfer by novation any of its rights and obligations, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender").

Appears in 1 contract

Sources: Facilities Agreement (Enstar Group LTD)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 29 and to clause 29 Clause 30 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 24 and to clause 29 Clause 25 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Central European Media Enterprises LTD)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 26 and to clause 29 (Restriction on Debt Purchase Transactions)the extent permitted under the applicable laws, a 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 (in equal proportion of its rights, benefits and/or obligations in respect of each Facility) to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Facility Agreement (GDS Holdings LTD)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 27 and to clause 29 Clause 28 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Facility Agreement (Rockwood Holdings, Inc.)

Assignments and transfers by the Lenders. Subject to this clause 28 26 and to clause 29 27 (Restriction on Debt Purchase Transactions), a Lender (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 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 (New Lender).

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Sunrise Senior Living Inc)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 23 (Changes to the Lender) and to clause 29 Clause 24 (Restriction on Debt Purchase Transactions), a Lender (the Existing Lender) may: (a) 23.1.1 assign any of its rights; or (b) 23.1.2 transfer by novation any of its rights and obligations, (in each case, a Transfer) under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (a New Lender).

Appears in 1 contract

Sources: Facility Agreement (Powerfleet, Inc.)

Assignments and transfers by the Lenders. Subject to this clause Clause 28 and to clause Clause 29 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Senior Facilities Agreement (OpSec Holdings)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 26 (Changes to the Lenders) and to clause 29 Clause 27 (Restriction on Debt Purchase Transactions), a Lender (the "Existing Lender") may: (a) 26.1.1 assign any of its rights; or (b) 26.1.2 transfer by novation any of its rights and obligations, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the "New Lender").

Appears in 1 contract

Sources: Borrowing Base Facility Agreement (Transglobe Energy Corp)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 24 and to clause 29 Clause 25 (Restriction on On Debt Purchase Transactions), a Lender (the “Existing Lender) may: (a) assign any of its rights; or (b) transfer by novation any of its rights and and/or obligations, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Senior Facilities Agreement (OneSmart International Education Group LTD)

Assignments and transfers by the Lenders. Subject to this clause Clause 28 and to clause Clause 29 (Restriction on Debt Purchase Transactions), a Lender (the “Existing Lender) may:may:- (a) 28.1.1 assign any of its rights; or (b) 28.1.2 transfer by novation any of its rights and obligations, under any Finance Document to another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Multicurrency Facility Agreement (Gulfmark Offshore Inc)

Assignments and transfers by the Lenders. Subject to the other provisions of this clause 28 ▇▇▇▇▇▇ and to clause 29 ▇▇▇▇▇▇ 31 (Restriction on Debt Purchase Transactions), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Amendment and Restatement Agreement (IHS Holding LTD)

Assignments and transfers by the Lenders. Subject to this clause 28 Clause 24 and to clause 29 Clause 24.10 (Restriction on Debt Purchase TransactionsTransactions by the Group), a 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 another bank or financial institution or to a trust, fund or other entity which is regularly engaged in, in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets (the “New Lender).

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Misys PLC)