Common use of Relationship with other Transaction Documents Clause in Contracts

Relationship with other Transaction Documents. (a) The terms of this Agreement override anything in any other Transaction Document to the contrary. If there is any inconsistency between the terms of another Transaction Document and this Agreement, that Transaction Document will be construed as if it has been amended to conform with the terms of this Agreement, except that no provision of this Agreement (or any amendment to this Agreement) shall under any circumstances permit any Islamic Financing Party to: (i) pay, receive, claim or demand the payment of, any interest or any other amounts which are prohibited under the AAOIFI ▇▇▇▇▇'a Standards (as determined by the ▇▇▇▇▇'a supervisory board of the Investment Agent); or (ii) undertake or perform any activity or participate in or benefit from any right which is prohibited under the AAOIFI ▇▇▇▇▇'a Standards (as determined by the ▇▇▇▇▇'a supervisory board of the Investment Agent). (b) A Finance Party has the benefit of any term of a Transaction Document expressed to be in its favour notwithstanding that it is not a party to that Transaction Document. (c) If a Transaction Document provides that the Global Agent may exercise any rights or discretions or make any determinations under that Transaction Document, then the Global Agent may exercise such right or discretion or make such determination notwithstanding that it is not a party to that Transaction Document. (d) If a Transaction Document provides that the Global Agent must take instructions, make a payment to or on behalf of, or otherwise interact with the Financiers then all such references shall be deemed complied with by the Global Agent if it takes such instructions, makes such payments to or on behalf of, or otherwise interacts with the Financiers through the relevant Facility Representative.

Appears in 2 contracts

Sources: Common Terms Agreement, Restructuring Implementation Deed