Common use of By Purchasers Clause in Contracts

By Purchasers. Each Purchaser and any subsequent holder of ------------- Notes may, at any time or from time to time, sell, agree to sell or assign or transfer to one or more Persons, all or any portion of its interest in the Loans, this Agreement and the other Note Documents; provided, that the parties to each such assignment shall execute and deliver to the Company with a copy to the Agent, for its acceptance and recording in the Note Register, an Assignment and Acceptance in the form of Exhibit L attached hereto (an "Assignment and Acceptance Agreement"), together with the Note or Notes subject to such assignment. In the event of any such sale, assignment or transfer of a Note, upon surrender for exchange of any Note at the office of the Company designated for notices in accordance with Section 12.2, the Company shall execute and deliver in exchange therefor, without expense to the holder, one or more new Notes in the same aggregate principal amount as the then unpaid principal amount of the Note so surrendered as such holder shall specify, dated as of the date to which interest has been paid on the Note so surrendered (or, if no interest has been paid, the date of such surrendered Note), in the name of such Person or Persons as may be designated by such holder in writing, and otherwise of the same form and tenor as the Note so surrendered for exchange. Every Note surrendered for transfer shall be duly endorsed, or accompanied by a written instrument of transfer duly executed by the holder of such Note or its attorney duly authorized in writing.

By Purchasers. Each Purchaser and any subsequent holder of ------------- Notes may, at any time or from time to time, sell, agree to sell or assign or transfer to one or more Persons, all or any portion of its interest in the Loans, this Agreement and the other Note Documents; providedPROVIDED, that the parties to each such assignment shall execute and deliver to the Company with a copy to the Agent, for its acceptance and recording in the Note Register, an Assignment and Acceptance in the form of Exhibit EXHIBIT L attached hereto (an "Assignment and Acceptance AgreementASSIGNMENT AND ACCEPTANCE AGREEMENT"), together with the Note or Notes subject to such assignment. In the event of any such sale, assignment or transfer of a Note, upon surrender for exchange of any Note at the office of the Company designated for notices in accordance with Section 12.2, the Company shall execute and deliver in exchange therefor, without expense to the holder, one or more new Notes in the same aggregate principal amount as the then unpaid principal amount of the Note so surrendered as such holder shall specify, dated as of the date to which interest has been paid on the Note so surrendered (or, if no interest has been paid, the date of such surrendered Note), in the name of such Person or Persons as may be designated by such holder in writing, and otherwise of the same form and tenor as the Note so surrendered for exchange. Every Note surrendered for transfer shall be duly endorsed, or accompanied by a written instrument of transfer duly executed by the holder of such Note or its attorney duly authorized in writing.