Assigned Interest Sample Clauses
The Assigned Interest clause defines the transfer of a party's rights, obligations, or benefits under a contract to another party. Typically, this clause outlines the conditions under which such an assignment can occur, such as requiring prior written consent from the non-assigning party or specifying which interests are eligible for assignment. By establishing clear procedures and limitations for assignments, the clause helps prevent unauthorized transfers and ensures all parties are aware of and agree to any changes in contractual relationships, thereby maintaining contractual integrity and reducing the risk of disputes.
Assigned Interest. Facility Assigned AggregateAmount ofCommitmentfor all Lenders* Amount ofCommitmentAssigned* PercentageAssigned ofCommitment2 CUSIP Number [7. Trade Date: __________________]3 Effective Date: __________________, 20__ [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] _______________________ * Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 2Set forth, to at least 9 decimals, as a percentage of the Commitment of all Lenders thereunder. 3 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. The terms set forth in this Assignment and Assumption are hereby agreed to: [NAME OF ASSIGNOR] By: _____________________________ Title: [NAME OF ASSIGNEE] By: _____________________________ Title: [Consented to and]4 Accepted: BANK OF AMERICA, N.A., as Administrative Agent By: _________________________________ Title: [Consented to:]5 By: _________________________________ Title: _______________________ 4 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. 5 To be added only if the consent of the Borrowers and/or other parties (e.g. Swing Line Lender, Issuing Bank) is required by the terms of the Credit Agreement.
Assigned Interest. Aggregate Amount of Loans for all Lenders Class of Loans Assigned Amount of Loans Assigned Percentage Assigned of Loans8 $ $ % $ $ % $ $ % Effective Date: , 20 [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] The Assignee agrees to deliver to the Administrative Agent a completed Administrative Questionnaire in which the Assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower, the Credit Parties and their Related Parties or their respective securities) will be made available and who may receive such information in accordance with the Assignee’s compliance procedures and applicable laws, including Federal and state securities laws. The terms set forth in this Assignment are hereby agreed to: ASSIGNOR 8 Set forth, to at least 9 decimals, as a percentage of the Loans of all Lenders thereunder. By: Title: ASSIGNEE By: Title: Consented to and Accepted: WILMINGTON TRUST, NATIONAL ASSOCIATION, as Administrative Agent By: Authorized Signatory [Consented to]9: By: Och-Ziff Holding Corporation, its general partner By: Name: Title: By: Och-Ziff Holding Corporation, its general partner By: Name: Title: By: Och-Ziff Holding LLC, its general partner By: Name: Title:: 9 To be added only if the consent of Borrowers is required by the terms of the Credit Agreement.
Assigned Interest. Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned Percentage Assigned of Commitment/Loans
Assigned Interest. Facility Assigned Aggregate Amount of Commitment/Loans for all Lenders* Amount of Commitment/Loans Assigned* Percentage Assigned of Commitment/Loans1 ____________ $ $ _______% ____________ $ $ _______% ____________ $ $ _______%
Assigned Interest. Assignor[s]5 Assignee[s]6 Facility Assigned7 Aggregate Amount of Commitment/Loans for all Lenders8 Amount of Commitment/Loans Assigned9 Percentage Assigned of Commitment/ Loans10 CUSIP Number $ $ % $ $ % $ $ %
Assigned Interest. Facility Assigned Aggregate Amount of Commitment for all Lenders Amount of Commitment Assigned Percentage Assigned of Commitment1 ANNEX 1 TO ASSIGNMENT AND ASSUMPTION CREDIT AGREEMENT STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT AND ASSUMPTION
Assigned Interest. See Schedules attached hereto See Schedules attached hereto
Assigned Interest. Facility Assigned Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned2 Percentage Assigned of Commitment/Loans3 Revolving Credit $ $ %
Assigned Interest. Aggregate Amount of Amount of Percentage Commitment/Loans Commitment/Loans Assigned of Facility Assigned for all Lenders Assigned Commitment/Loans CUSIP Number --------------------------- ------------------------ ------------------------- ----------------------- ------------------- _____________ $_______________ $_______________ ______________% --------------------------- ------------------------ ------------------------- ----------------------- ------------------- --------------------------- ------------------------ ------------------------- ----------------------- ------------------- _____________ $_______________ $_______________ ______________% --------------------------- ------------------------ ------------------------- ----------------------- -------------------
Assigned Interest. Assignor[s]1 Assignee[s]2 Aggregate Amount of Commitment/ Loans for all Lenders3 Amount of Commitment/ Loans Assigned Percentage Assigned of Commitment/ Loans4 $ % [7. Trade Date: ]5 Effective Date: , 20 [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 1 List each Assignor, as appropriate. 2 List each Assignee, as appropriate. 3 Amounts in this column and in the column immediately to the right to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 4 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 5 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. The terms set forth in this Assignment and Assumption are hereby agreed to: ASSIGNOR [NAME OF ASSIGNOR] By: Title: ASSIGNEE [NAME OF ASSIGNEE] By: Title: [Consented to and]1 Accepted: BANK OF AMERICA, N.A., as Administrative Agent By: Title: [Consented to:]2 By: Title: 1 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.