Assignment by a Lender Sample Clauses

Assignment by a Lender. (a) This Agreement shall be binding upon and inure to the benefit of Borrower, Agent, each Lender, all future holders of the Loans and their respective successors and assigns, except that Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.
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Assignment by a Lender. Any Lender may assign its interest in the Credit Facilities and in the Loan Documents with the consent of the Borrower and the Agent, which consent shall not be unreasonably withheld or delayed. If an assigning Lender intends to retain a portion of its Commitments, such assignment shall only be permitted if it retains Commitments equal to not less than $10,000,000, and the Commitments of the assignee are not less than $10,000,000. The consent of the Borrower to an assignment is not required upon the occurrence and during the continuance of a Default or Event of Default. In order for any such assignment to be effective, notice of such assignment, together with the particulars of any outstanding Secured Hedge Transactions to which such Lender is party (which particulars are satisfactory to the Agent, acting reasonably), must be given to the Agent accompanied by payment by the assignor to the Agent of an administrative fee of [Redacted].
Assignment by a Lender. Subject to Clause 28.2 (Consent from the Lenders), a Lender (the "Existing Lender") may at any time assign, transfer or have assumed all or part of its rights or obligations under the Finance Documents (a "Transfer") to another bank or financial institution (the "New Lender").
Assignment by a Lender. A Lender may assign in whole or in part its rights under this Agreement if:
Assignment by a Lender. A Lender may assign its rights under this Agreement in whole or part if it obtains the prior written consent of the Guarantor (acting on its own behalf and on behalf of the Borrower) in advance (this consent not to be unreasonably withheld or delayed). The principal amount to be assigned (or, in the case of an amount in the Optional Currency, the Original Euro Amount) must equal or exceed euros 5,000,000. The Borrower irrevocably authorises the Guarantor to consent on its behalf. If the Guarantor does not reply to a request for consent within 15 Business Days, it will be treated as having given its consent. Neither the Agent nor any Lender will be obliged to treat any person to whom a Lender makes an assignment as an assignee until that person:
Assignment by a Lender. Subject to Clauses 18.2 and 18.3, a Lender (the “Existing Lender”) may at any time assign or transfer all or part of its rights or obligations under the Finance Documents (a “Transfer”) to another Lender, bank or financial institution (the “New Lender”). Each Transfer must be for a minimum amount of USD 5,000,000. The Existing Lender and the New Lender shall execute and deliver to the Agent a transfer certificate to the Agent in the form set out in Exhibit 3 hereto. Notwithstanding the Lenders’ rights under this Clause 18, the Lenders have no current intention of syndicating the Facility.
Assignment by a Lender. A Lender may assign its rights under this Agreement in whole or part. Neither the Agent nor any Lender will be obliged to treat any person to whom a Lendxx xxxes an assignment as an assignee until that person:
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Assignment by a Lender. A Lender may assign or transfer all or any of its rights or obligations under the Transaction Documents at any time if:
Assignment by a Lender. A Lender may assign to a Qualifying Lender in whole or in part its rights under this Agreement (any Commitment to be assigned must be in whole multiples of L.5,000,000) if it obtains the written consent of the Borrower in advance, except that the Borrower's consent is not needed for an assignment to an Affiliate of a Lender which is a Qualifying Lender or to any Qualifying Lender if there is an outstanding Event of Default. The Borrower may not refuse or delay giving its consent unreasonably. Neither the Agent nor any Lender will be obliged to treat any person to whom a Lender makes an assignment as an assignee until that person:
Assignment by a Lender. Any Lender may assign its interest in the Credit Facility and in the Loan Documents with the consent of the Borrower and the Agent, which consent shall not be unreasonably withheld or delayed. No assignment shall be permitted unless the Individual Commitment Amount of the assigning Lender, if it retains any interest as a Lender, is not less than $10,000,000, the Individual Commitment Amount of the assignee is not less than $10,000,000 and the assignee is a resident of Canada for the purposes of the Income Tax Act, provided that the consent of the Borrower to an assignment is not required, and such Lender may assign to an assignee who is not a resident of Canada for the purposes of the Income Tax Act, upon the occurrence and during the continuance of an Event of Default. In order for any such assignment to be effective, notice of such assignment, together with the particulars of any -100- Execution Form CAL_LAW\ 1265540\5 outstanding Lender Risk Management Transactions to which such Lender is party (which particulars are satisfactory to the Agent, acting reasonably), must be given to the Agent accompanied by payment by the assignor to the Agent of an administrative fee of $5,000.
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