On the Transfer Date. the Existing Lender will assign absolutely to the New Lender its rights under the Finance Documents and in respect of any Encumbrance created or expressed to be created or evidenced by the Security Documents and expressed to be the subject of the assignment in the Assignment Agreement;
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Sources: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
On the Transfer Date. the Existing Lender will assign absolutely to the New Lender its the rights under the Finance Documents and in respect of any Encumbrance created or expressed to be created or evidenced by the Transaction Security Documents and expressed to be the subject of the assignment in the Assignment Agreement;
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On the Transfer Date. the Existing Lender will assign absolutely to the New Lender its rights under the Finance Documents and in respect of any Encumbrance created or expressed to be created or evidenced by the Transaction Security Documents and expressed to be the subject of the assignment in the Assignment Agreement;
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