Common use of Assignments of Commitments Clause in Contracts

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any participation purchased pursuant to Section 8.4; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Timken Co)

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Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any Letter of Credit and any participation purchased pursuant to Section 8.42.1B or 8.5 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Greif Brothers Corp)

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any Letter of Credit and any participation purchased pursuant to Section 8.42.1A or 9.5 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Credit and Security Agreement (Res Care Inc /Ky/)

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any Letter of Credit and any participation purchased pursuant to Section 8.42.1B, 2.1C or 8.5 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Intercreditor Agreement (Cedar Fair L P)

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, and (c) that Bank's Notes, and (d) that Bank's interest in any participation purchased pursuant to Section 8.42.1B or Section 8.5 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Assignment Agreement (Steris Corp)

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any participation purchased pursuant to subpart 2 of Section 8.42.1A or 2.1B or Section 8.4 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Standard Register Co)

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Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, and (c) that Bank's Notes, and (d) that Bank's interest in any participation purchased pursuant to subpart 2 of Section 8.42.1A, subpart 2 of Section 2.1B or Section 8.5 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Steris Corp)

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institutioninstitution (other than to a Bank that shall not be in compliance with this Agreement), without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any Letter of Credit and any participation purchased pursuant to Section 8.42.1A or 8.5 hereof; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Schulman a Inc)

Assignments of Commitments. With the prior written consent of Agent and Borrower, each Each Bank shall have the right at any time or times to assign to another financial institution, without recourse, all or a percentage of all of the following: (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's interest in any participation purchased pursuant to subpart 2 of Section 8.4; provided, however, in each such case, that the 38 assignor and the assignee shall have complied with the following requirements:2.1A

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Nordson Corp)

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