Common use of ASSIGNMENTS AND ASSUMPTIONS Clause in Contracts

ASSIGNMENTS AND ASSUMPTIONS. (a) Except as provided herein, each Revolving Credit Lender (in this Section 16-1(a), an “Assigning Revolving Credit Lender”) may assign to one or more Eligible Assignees (in this Section 16-1(a), each an “Assignee Revolving Credit Lender”) all or a portion of that Revolving Credit Lender’s interests, rights and obligations under this Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Revolving Credit Loans at the time owing to it, and of the Revolving Credit Note held by the Assigning Revolving Credit Lender, provided that:

Appears in 2 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

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ASSIGNMENTS AND ASSUMPTIONS. (a) Except as provided herein, each Revolving Credit Lender (in this Section 16-1(a17.1(a), an “Assigning Revolving Credit Lender”) may assign to one or more Eligible Assignees (in this Section 16-1(a17.1(a), each an “Assignee Revolving Credit Lender”) all or a portion of that Revolving Credit Lender’s interests, rights and obligations under this Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Revolving Credit Loans at the time owing to it, and of the Revolving Credit Note held by the Assigning Revolving Credit Lender, provided that:

Appears in 1 contract

Samples: Loan and Security Agreement (Casual Male Retail Group Inc)

ASSIGNMENTS AND ASSUMPTIONS. (a) Except as provided herein, each Revolving Credit Lender (in this Section 16-1(a17.1(a), an "Assigning Revolving Credit Lender") may assign to one or more Eligible Assignees (in this Section 16-1(a17.1(a), each an "Assignee Revolving Credit Lender") all or a portion of that Revolving Credit Lender’s 's interests, rights and obligations under this Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Revolving Credit Loans at the time owing to it, and of the Revolving Credit Note held by the Assigning Revolving Credit Lender, provided that:

Appears in 1 contract

Samples: Loan and Security Agreement (Childrens Place Retail Stores Inc)

ASSIGNMENTS AND ASSUMPTIONS. (a) 1. Except as provided herein, each Revolving Credit Lender (in this Section 16-1(a)Section, an "Assigning Revolving Credit Lender") may assign to one or more Eligible Assignees (in this Section 16-1(a)Section, each an "Assignee Revolving Credit Lender") all or a portion of that Revolving Credit Lender’s 's interests, rights and obligations under this Loan Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Revolving Credit Loans at the time owing to it, and of the Revolving Credit Note held by the Assigning Revolving Credit Lender, provided that:

Appears in 1 contract

Samples: World of Science Inc

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ASSIGNMENTS AND ASSUMPTIONS. (a) Except as provided herein, each Revolving Credit Lender (in this Section 16-1(a16.1(a), an "Assigning Revolving Credit Lender") may assign to one or more Eligible Assignees (in this Section 16-1(a16.1(a), each an "Assignee Revolving Credit Lender") all or a portion of that Revolving Credit Lender’s 's interests, rights and obligations under this Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Revolving Credit Loans at the time owing to it, and of the Revolving Credit Note held by the Assigning Revolving Credit Lender, provided that:

Appears in 1 contract

Samples: Loan and Security Agreement (Drugmax Inc)

ASSIGNMENTS AND ASSUMPTIONS. (a) Except as provided herein, each Revolving Credit Lender (in this Section 1616:16-1(a), an "Assigning Revolving Credit Lender") may assign to one or more Eligible Assignees (in this Section 1616:16-1(a), each an "Assignee Revolving Credit Lender") all or a portion of that Revolving Credit Lender’s 's interests, rights and obligations under this Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Revolving Credit Loans at the time owing to it, and of the Revolving Credit Note held by the Assigning Revolving Credit Lender, provided that:

Appears in 1 contract

Samples: Loan and Security Agreement (Phar Mor Inc)

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