Template:Nutshell 2002 ISDA 7: Difference between revisions

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==={{isdaprov|7}}. {{isdaprov|Transfer}} ===
{{isdaprov|7}}. '''{{isdaprov|Transfer}}''' <br>
Subject to Section {{isdaprov|6(b)(ii)}}, neither party may transfer any interest in or obligation under this Agreement without the other party’s prior written consent, except:― <br>
Subject to Section {{isdaprov|6(b)(ii)}}, neither party may transfer any interest in or obligation under this Agreement without the other party’s prior written consent, except:― <br>
:{{isdaprov|7(a)}} Due to a merger with, or consolidation of substantially all of its assets into, another entity; and <br>
:{{isdaprov|7(a)}} Due to a merger with, or consolidation of substantially all of its assets into, another entity; and <br>
:{{isdaprov|7(b)}} A transfer of its rights to an {{isdaprov|Early Termination Amount}} under Sections {{isdaprov|8}}, {{isdaprov|9(h)}} and {{isdaprov|11}}. <br>
:{{isdaprov|7(b)}} A transfer of its rights to an {{isdaprov|Early Termination Amount}} under Sections {{isdaprov|8}}, {{isdaprov|9(h)}} and {{isdaprov|11}}. <br>

Latest revision as of 10:15, 27 July 2022

7. Transfer
Subject to Section 6(b)(ii), neither party may transfer any interest in or obligation under this Agreement without the other party’s prior written consent, except:―

7(a) Due to a merger with, or consolidation of substantially all of its assets into, another entity; and
7(b) A transfer of its rights to an Early Termination Amount under Sections 8, 9(h) and 11.