Inter-branch Transfer. The Borrower hereby agrees that the Bank shall be at liberty to transfer the account of the Borrower from one branch to another branch of the Bank as per the administrative convenience of the Bank with notice to the Borrower about the intended transfer of the said account. The Borrower shall continue to enjoy the credit facility on the same terms and conditions at the transferee branch on the same terms and conditions contained in the Loan Document.
Appears in 4 contracts
Sources: Master Facility Agreement, Master Facility Agreement, Master Facility Agreement
Inter-branch Transfer. The Borrower hereby agrees that the Bank shall be at liberty to transfer the Facility / account of the Borrower from one branch to another branch of the Bank as per the administrative convenience Version July 2021 [86] of the Bank with notice to the Bank. The Borrower about the intended hereby agrees and confirms that such transfer of the said account. The Borrower Facility / account shall not be considered as closed and all the Finance Documents will continue unaffected until all the amounts remaining unpaid under the Facility / account so transferred to enjoy the credit facility on the same terms and conditions at the transferee other branch on the same terms and conditions contained are repaid in the Loan Documentfull.
Appears in 1 contract