Common use of Assignments of Commitments Clause in Contracts

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's Commitment, (ii) all Loans made by that Lender, (iii) such Lender's Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 hereof.

Appears in 3 contracts

Samples: Credit Agreement (Applied Industrial Technologies Inc), Assignment and Acceptance Agreement (Agilysys Inc), Assignment and Acceptance Agreement (Smucker J M Co)

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Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 hereof.

Appears in 3 contracts

Samples: Credit Agreement (Applied Industrial Technologies Inc), Credit Agreement (Nautilus, Inc.), Assignment and Acceptance Agreement (Parametric Technology Corp)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or (c) or 8.5 hereof.

Appears in 3 contracts

Samples: Credit Agreement (Sykes Enterprises Inc), Credit Agreement (IHS Inc.), Credit Agreement (Nn Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b) or (c), 2.2(c) or 8.5 9.5 hereof.

Appears in 2 contracts

Samples: Credit and Security Agreement (Shiloh Industries Inc), Credit and Security Agreement (Shiloh Industries Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b) or 2.2(c), 2.2(c) or 8.5 Section 9.5 hereof.

Appears in 2 contracts

Samples: Credit and Security Agreement (Epiq Systems Inc), Credit and Security Agreement (Epiq Systems Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 (c) or Section 9.5 hereof.

Appears in 2 contracts

Samples: Credit Agreement (Gibraltar Industries, Inc.), Credit Agreement (Gibraltar Industries, Inc.)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), ) or 2.2(c) or Section 8.5 hereof.

Appears in 2 contracts

Samples: Credit Agreement (Teletech Holdings Inc), Credit Agreement (Teletech Holdings Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's Commitment, (ii) all Loans made by that Lender, (iii) such Lender's Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b)2.3, 2.2(c) 2.4 or 8.5 hereof.

Appears in 2 contracts

Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc), Credit Agreement (Sykes Enterprises Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this AgreementDefaulting Lender), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 (c) or Section 9.5 hereof.

Appears in 2 contracts

Samples: Credit and Security Agreement (Sleep Number Corp), Credit and Security Agreement (Sleep Number Corp)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 (c) or 9.5 hereof.

Appears in 2 contracts

Samples: Credit and Security Agreement (Jupitermedia Corp), Assignment and Acceptance Agreement (Netscout Systems Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, if any, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 hereof.

Appears in 2 contracts

Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Revolving Credit Commitment, (ii) all Loans made by that Lender, and (iii) such Lender's ’s Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 8.4 hereof.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Bea Systems Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's Revolving Credit Commitment, (ii) all Loans made by that Lender, (iii) such Lender's Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 hereof.

Appears in 1 contract

Samples: Credit Agreement (Schulman a Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, ; (ii) all Loans made by that Lender, ; and (iii) such Lender's ’s Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 8.4 hereof.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Sg Blocks, Inc.)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this AgreementDefaulting Lender), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 (c) or Section 9.5 hereof.. 108

Appears in 1 contract

Samples: Credit and Security Agreement (Sleep Number Corp)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's Commitment’s portion of the Term Loan, (ii) all Loans made by that such Lender’s Term Note, and (iii) such Lender's Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 hereof.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

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Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this AgreementDefaulting Lender), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 (c) or Section 9.5 hereof.. 115

Appears in 1 contract

Samples: Credit and Security Agreement (Sleep Number Corp)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), ) or 2.2(c) or Section 8.5 hereofxxxxxx.

Appears in 1 contract

Samples: Security Agreement (Teletech Holdings Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b) or (c), 2.2(c) or 8.5 Section 9.5 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or 8.5 9.5 hereof.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Epiq Systems Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's Commitment, (ii) all Loans made by that Lender, (iii) such Lender's Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), ) or 2.2(c) or 8.5 Section 9.5 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Kratos Defense & Security Solutions, Inc.)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) 2.2 or 8.5 hereof.

Appears in 1 contract

Samples: Credit Agreement (IHS Inc.)

Assignments of Commitments. Each Lender shall have the right right, at any time or times times, to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's Commitment, (ii) all Loans made by that Lender, (iii) such Lender's Notes, and (iv) such Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b)2.3, 2.2(c) 2.4 or 8.5 9.5 hereof.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Shiloh Industries Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) or (c) or Section 8.5 hereof.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement)Transferee, without recourse, all or a percentage of all of the following: (ia) such that Lender's Commitment, (iib) all Loans made by that Lender, (iiic) such that Lender's Notes, and (ivd) such that Lender's interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) 2.1 or 8.5 hereof.; provided, however, in each such case, that the assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Credit Agreement (American Greetings Corp)

Assignments of Commitments. Each Lender shall have the right at any time or times to assign to an Eligible Transferee (other than to a Lender that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (i) such Lender's ’s Commitment, (ii) all Loans made by that Lender, (iii) such Lender's ’s Notes, and (iv) such Lender's ’s interest in any Letter of Credit or Swing Loan, and any participation purchased pursuant to Section 2.2(b), 2.2(c) 2.2 or 8.5 9.5 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

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