Common use of Assignment and Acceptance Clause in Contracts

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, Borrower (if Borrower consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 15 contracts

Sources: Credit Agreement (Biglari Holdings Inc.), Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.)

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, the Administrative Borrower (if Borrower the Administrative Borrower’s consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 4 contracts

Sources: Credit Agreement (International Seaways, Inc.), Credit Agreement (International Seaways, Inc.), Abl Credit Agreement (Overseas Shipholding Group Inc)

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent Agent, the Co-Collateral Agents and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, the Administrative Borrower (if Borrower the Administrative Borrower’s consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 3 contracts

Sources: Credit Agreement (Layne Christensen Co), Credit Agreement (Layne Christensen Co), Credit Agreement (Layne Christensen Co)

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, the Borrower (if Borrower the Borrower’s consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (International Seaways, Inc.), Term Loan Credit Agreement (Overseas Shipholding Group Inc)

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender▇▇▇▇▇▇, the Borrower (if Borrower the Borrower’s consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Genco Shipping & Trading LTD)

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, the Borrower (if the Borrower consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (KCG Holdings, Inc.)

Assignment and Acceptance. Each Lender to become a party to this Agreement (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, the Administrative Borrower (if Borrower the Administrative Borrower’s consent to such assignment is required hereunder) and the Administrative Agent. Section 11.15 Section 11.15

Appears in 1 contract

Sources: Credit Agreement (International Seaways, Inc.)

Assignment and Acceptance. Each Lender to To become a party to this Agreement Agreement, each Lender (other than the Administrative Agent and any other Lender that is a signatory hereto) shall do so by delivering deliver to the Administrative Agent an Assignment and Acceptance duly executed by such Lender, Borrower the Borrowers (if Borrower the Borrowers’ consent to such assignment is required hereunder) and the Administrative Agent.

Appears in 1 contract

Sources: Second Lien Term Loan Credit Agreement (Global Aviation Holdings Inc.)