Common use of Assignment and Assumption; Notes Clause in Contracts

Assignment and Assumption; Notes. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $4,500 ($7,500 if such Lender is a Defaulting Lender as such

Assignment and Assumption; Notes. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $4,500 for each assignment ($7,500 which fee the Administrative Agent may, in its sole discretion, elect to waive), and the assignee, if such Lender it is not a Defaulting Lender as suchLender, shall deliver to the Administrative Agent an Administrative Questionnaire. If requested by the