Legally speaking, SCAL, as a debtor/customer to the banks, is not legally required to provide consent to the Transfer of Business between BTMU and BAY. However, if consent is commercially inevitable, it is advisable that consent be given to BTMU, provided that certain reservations to maintain SCAL’s legal rights under applicable laws should be added. Pursuant to Section 308 of the Civil and Commercial Code, if SCAL provides consent to BTMU and BAY for their assignment of rights without reservation, SCAL could potentially loose certain claims and defenses available under applicable laws. Our proposed changes, therefore, are mainly to maintain SCAL’s rights as a customer/debtor under applicable laws. Due to the .pdf protected file of the letter of consent, our comments for your considerations are as follows: