11.1 No party to this Agreement may assign or transfer any part of its rights or obligations under this Agreement save as provided in this paragraph 11.
11.2 The Agent may assign, novate or transfer its rights and obligations under this Agreement and in respect of the Security Documents to a successor Agent in accordance with the Senior Funders Agreements without the consent of the Board and any such assignation novation or transfer shall not constitute a Change of Control for the purposes of Clause 50.8 (Assignation, Sub-Contracting and Changes in Contract) of the Project Agreement. Without prejudice to Clause 50.10 (Assignation, Sub-Contracting and Changes in Contract) of the Project Agreement, the Board also agrees that any enforcement by the Agent of the security referred to in paragraph 2.5 above (and any subsequent transfer of share capital in Project Co) following an Enforcement Event shall not constitute a Project Co Event of Default under Clause 44.1(h) (Project Co Events of Default) of the Project Agreement.
11.3 Any Senior Funder may assign or transfer its rights under the [Senior Funders Agreements] in accordance with the terms of the [Senior Funders Agreements].
11.4 The Board may transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement and the Agent and the Senior Funders shall co-operate with the Board in completing the formalities of any transfer or assignment including by executing any additional documents as may be required by the Board.
11.5 If paragraph 11.2 applies in relation to the Agent, the Board shall enter into a new direct Agreement with the new Agent on substantially the same terms as this Agreement.