Assignment of Loan Claims Sample Clauses

Assignment of Loan Claims. 1. Unless otherwise specified in this Agreement, a Lender may assign its Loan Claims to any third party only if the Borrower, the Guarantor and the Agent give their prior consent in writing (provided, however, that such prior consent shall not be required for the Assignment for Syndication Purpose; provided further, however, that the Borrower, the Guarantor and the Agent may not unreasonably withhold their consent when they are requested by any Lender for the consent to the assignment of its status as a party hereto and its rights and obligations hereunder) and all requirements described in the items below are fulfilled;
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Assignment of Loan Claims. (1) Unless otherwise specified in this Agreement, if all of the following requirements are satisfied, the Lender may assign a Loan Claim (which means a loan claim which constitutes an Individual Loan). The assignor and assignee shall perfect the assignment against third parties and obligors immediately on or after the assignment date; provided, however, that if assignment of a Loan Claim is made pursuant to this paragraph, all rights of the assignor under this Agreement that relate to the Loan Claim to be assigned shall be transferred to the assignee, and the assignee shall bear all obligations of the assignor under this Agreement that relate to the Loan Claim to be assigned. the Borrower shall not unreasonably refuse its consent with respect to such transfer of rights by the assignee or assumption of obligations by the assignee. In such case, the assignee shall be treated as the Lender in the application of the provisions of this Agreement with respect to such loan claims.
Assignment of Loan Claims. (1) Unless otherwise specified in this Agreement, a Lender may assign its Loan Claims in their entirety (assignment of the Loan Claims in part is not allowed) only when all the requirements specified in the following items are satisfied. In this case, the Assignor and the Assignee shall satisfy the requirement for assertion of assignment against third parties and the requirement for assertion of assignment against obligors by the assignment date, in which event the Assignor and the Assignee shall, in their joint names, immediately notify the Agent of the fact of the assignment. This notice shall be given by sending to the Agent a “Notice of Assignment of Claims” in the form in Exhibit 6 attached to this Agreement. If Loan Claims are assigned pursuant to this paragraph (1), the Assignee shall be treated as a Lender for the purpose of the application of the provisions of this Agreement to such Loan Claims.
Assignment of Loan Claims. (1) Unless otherwise provided for in this Agreement, a Lender may, after the Commitment Period expires, assign its loan claims subject to the satisfaction of all requirements set out in each item below (an assignment of loan claim during the Commitment Period of a Lender shall be in accordance with the provisions of the preceding section). The Assignor and the Assignee shall, immediately after the date of the assignment, perfect the assignment against third persons and obligors. In this case, the Assignor and the Assignee, under their joint names, and the Borrower individually, shall notify the Facility Agent of the fact that such assignment was made, and in the case that the Agent incurs any Damages, etc. in relation to the perfection, the Assignor and the Assignee shall bear them. In the case of an assignment of loan claims pursuant to this paragraph, all rights relating to the assigned loan claims among the rights of the Assignor under this Agreement shall transfer to the Assignee, and all of the obligations relating to the assigned loan claims among the obligations of the Assignor under this Agreement shall be assumed by the Assignee. The Borrowers consent in advance to the transfer or assignment of rights to, and assumption of obligations by, the Assignee. Also, the Borrowers consent in advance to the transfer or assignment of such loan claims, the assumption by the Assignee of the guarantee under this Agreement and changes in guaranteed obligations and the Borrowers shall take all the measures required associated with the assumption of the guarantee under this Agreement (including but not limited to perfection procedures). The Assignee shall be treated as the Lender in connection with the application of the provisions of this Agreement in relation to such loan claims.
Assignment of Loan Claims. 1. Unless otherwise set forth in this Agreement, a Lender may assign all or part of its Loan Claims to a third party, provided that Borrower and Guarantors have given prior written consent (if an event of acceleration has occurred and is ongoing, such consent is not required; Borrower and Guarantors shall not unreasonably withhold such consent) and that all the requirements set forth in the items below are fulfilled.

Related to Assignment of Loan Claims

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Indemnities regarding borrowing and repayment of Loan The Borrowers shall fully indemnify the Agent and each Lender on the Agent’s demand and the Security Trustee on its demand in respect of all claims, expenses, liabilities and losses which are made or brought against or incurred by that Creditor Party, or which that Creditor Party reasonably and with due diligence estimates that it will incur, as a result of or in connection with:

  • Reaffirmation of Loan Agreement Except as modified by the terms hereof, all of the terms and conditions of the Loan Agreement, as amended, and all other of the Existing Financing Agreements are hereby reaffirmed and shall continue in full force and effect as therein written.

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Reaffirmation of Loan Documents and Liens Except as amended and modified hereby, any and all of the terms and provisions of the Credit Agreement and the other Loan Documents shall remain in full force and effect and are hereby in all respects ratified and confirmed by each Credit Party. Each Credit Party hereby agrees that the amendments and modifications herein contained shall in no manner affect or impair the liabilities, duties and obligations of any Credit Party under the Credit Agreement and the other Loan Documents or the Liens securing the payment and performance thereof.

  • Reaffirmation of Loan Documents Any and all of the terms and provisions of the Credit Agreement and the Loan Documents shall, except as amended and modified hereby, remain in full force and effect. This Amendment shall not limit or impair any Liens securing the Obligations, each of which are hereby ratified, affirmed and extended to secure the Obligations as it may be increased pursuant hereto. This Amendment constitutes a Loan Document.

  • Modification of Loan Documents, etc Neither the Administrative Agent nor any other Secured Party shall incur any liability to any Guarantor as a result of any of the following, and none of the following shall impair or release this Guaranty or any of the obligations of any Guarantor under this Guaranty:

  • RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL The Loan Documents are ratified and affirmed by Borrower and shall remain in full force and effect as modified herein. Any property or rights to or interests in property granted as security in the Loan Documents shall remain as security for the Loan and the obligations of Borrower in the Loan Documents.

  • Modification of Loan Documents At any time or from time to time and any number of times, without notice to Guarantor and without affecting the liability of Guarantor, all of the following will apply:

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

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