Common use of Change in UK Lender Clause in Contracts

Change in UK Lender. (a) If: (i) a UK Lender assigns its rights or obligations under the Credit Documents or changes its facility office; and (ii) as a result of circumstances existing at the date the assignment or change occurs, a UK Relevant Borrower would be obliged to make a payment to the New UK Lender or UK Lender acting through its new facility office under Section 14.2, then the New UK Lender or UK Lender acting through its new facility office is only entitled to receive payment under those Sections to the same extent as the UK Lender assigning its rights or obligations under the Credit Documents or UK Lender acting through its previous facility office would have been if the assignment or change had not occurred.