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Transfer - ISDA Provision: Difference between revisions
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{{isdasnap|7|{{isdaprov|Transfer}} <br>Subject to Section {{isdaprov|6(b)(ii)}}, neither this {{isdaprov|Agreement}} nor any interest or obligation in or under this {{isdaprov|Agreement}} <br>may be transferred (whether by way of security or otherwise) by either party without the prior written consent <br>of the other party, except that: — <br> | |||
:(a) a party may make such a transfer of this Agreement pursuant to a consolidation or amalgamation <br>with, or merger with or into, or transfer of all or substantially all its assets to, another entity (but without <br>prejudice to any other right or remedy under this {{isdaprov|Agreement}}); and <br> | |||
:(b) a party may make such a transfer of all or any part of its interest in any amount payable to it from <br>a {{isdaprov|Defaulting Party}} under Section {{isdaprov|6(e)}}. <br>Any purported transfer that is not in compliance with this Section will be void. <br>}} | |||
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