Common use of Agent’s Register Clause in Contracts

Agent’s Register. Agent shall maintain the Register and shall also maintain a copy of each Assignment and Assumption Agreement delivered to and accepted by it and modify the Register to give effect to each Assignment and Assumption Agreement. Upon its receipt of each Assignment and Assumption Agreement and surrender of the affected Note or Notes, Agent will give prompt notice thereof to Borrower and deliver to Borrower a copy of the Assignment and Assumption Agreement and the surrendered Note or Notes. Within five (5) Business Days after its receipt of such notice, Borrower shall execute and deliver to Agent a new Note or Notes to the order of the assignee in the amount of the Revolver Commitments assumed by it and to the assignor in the amount of the Revolver Commitment retained by it, if any. Such new Note or Notes shall re-evidence the Indebtedness 64 outstanding under the surrendered Note or Notes and shall be dated as of the Closing Date. Agent shall be entitled to rely upon the Register exclusively for purposes of identifying the Lenders hereunder.

Agent’s Register. Agent shall maintain the Register and shall also maintain a copy of each Assignment and Assumption Agreement delivered to and accepted by it and modify the Register to give effect to each Assignment and Assumption Agreement. Upon its receipt of each Assignment and Assumption Agreement and surrender of the affected Note or Notes, Agent will give prompt notice thereof to Borrower and deliver to Borrower a copy of the Assignment and Assumption Agreement and the surrendered Note or Notes. Within five (5) Business Days after its receipt of such notice, Borrower shall execute and deliver to Agent a new Note or Notes to the order of the assignee in the amount of the Revolver Commitments assumed by it and to the assignor in the amount of the Revolver Commitment retained by it, if any. Such new Note or Notes shall re-evidence the Indebtedness 64 outstanding under the surrendered Note or Notes and shall be dated as of the Closing Date (or the Syndication Closing Date, if applicable). Agent shall be entitled to rely upon the Register exclusively for purposes of identifying the Lenders hereunder.