Assignment of Loans. For the avoidance of doubt, upon any assignment by any Lender of any Loan held or made by it or any part thereof to another Person in accordance with this Agreement, such Loan (or such part thereof) so assigned to such Person shall constitute a Loan made by such Person to the applicable Borrower(s).
Assignment of Loans. Loans which are approved and disbursed by KABA per this Agreement shall contain a provision that they are assignable to the County. Should this Agreement be terminated, loans having an outstanding balance shall be assigned by KABA to the County at the option of the County.
Assignment of Loans. The obligations under the promissory notes evidencing the Existing Loans outstanding under the Existing Loan Agreement have been assigned from AMD and AMDISS to, and assumed by, the Borrower pursuant to the Assignment Agreement. The outstanding principal amount of such notes as of the Closing Date is set forth opposite each Lender’s name on the signature pages of this Agreement.
Assignment of Loans dated 21 December 2004 granted by Telewest UK Limited in favour of Barclays Bank Plc.
Assignment of Loans. Purchaser shall prepare and record, at its sole expense, any documentation necessary to effectuate the assignment of the Assigned Loans or any security interest to Purchaser. Seller shall provide Purchaser with a limited power of attorney in substantially the form attached hereto as Exhibit 4.9 or such other designations of authority as may be reasonably required to allow Purchaser to execute such documentation on behalf of Seller. Article V.
Assignment of Loans. Borrower understands that Lender may from time to time transfer and assign Loans and its rights under this Agreement to one or more assignees. Borrower hereby consents to these transfers and assignments by Lender to one or more assignees. Borrower hereby consents that any such assignee may exercise the rights of Lender hereunder. Borrower further hereby consents and acknowledges that any and all defenses, claims or counterclaims that it may have against Lender shall be limited to, and may only be brought against, Lender and shall not extend to any assignee, including but not limited to funding obligations.
Assignment of Loans. Bank shall have the unrestricted right at any time or from time to time, and without Borrower’s or any Guarantor’s consent, to assign all or any portion of its right and obligations hereunder to one or more banks or other financial institutions (each, an “Assignee”), and Borrower and each Guarantor agrees that it shall execute, or cause to be executed, such documents, including without limitation, amendments to this Agreement and to any other documents, instruments and agreements executed in connection herewith as Bank shall deem necessary to effect the foregoing. In addition, at the request of Bank and any such Assignee, Borrower shall issue one or more new promissory notes, as applicable, to any such Assignee and, if Bank has retained any of its rights and obligations hereunder following such assignment, to Bank, which new promissory notes shall be issued in replacement of, but not in discharge of, the liability evidenced by the promissory note held by Bank prior to such assignment and shall reflect the amount of the respective commitments and loans held by such Assignee and Bank after giving effect to such assignment. Upon the execution and delivery of appropriate assignment documentation, amendments and any other documentation required by Bank in connection with such assignment, and the payment by Assignee of the purchase price agreed to by Bank, and such Assignee, such Assignee shall be a party to this Agreement and shall have all of the rights and obligations of Bank hereunder (and under any and all other guaranties, documents, instruments and agreements executed in connection herewith) to the extent that such rights and obligations have been assigned by Bank pursuant to the assignment documentation between Bank and such Assignee, and Bank shall be released from its obligations hereunder and thereunder to a corresponding extent.
Assignment of Loans. On the Closing Date those Sellers that provided the Company with loans will assign these loans (the “Loans”) to the Buyer for consideration of shares of the Buyer at a price per share of $0.50, to be issued by the Buyer to the Seller. Annex A hereto details the shares of the Buyer to be issued in respect of the Loans assignments (the “Loan Shares”). Copies of the Loans assignment agreements are attached hereto as Annex D.
Assignment of Loans. (a) For an agreed consideration, Fleet hereby irrevocably sells and assigns to BofA, and BofA hereby irrevocably purchases and assumes from Fleet, in accordance with the Credit Agreement, as of the Restatement Closing Date (i) all of Fleet’s rights and obligations as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of Fleet under the Agreement (including, without limitation, the Letters of Credit and the Swingline Loans included in such facilities) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of Fleet (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to Fleet and, except as expressly provided in this Assignment and Assumption, without representation or warranty by Fleet.
Assignment of Loans. Each Assigning Lender shall have executed and delivered the Assignment and Acceptance documentation assigning their interests in the Loans to HF-4.
