Common use of Divisions Clause in Contracts

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 6 contracts

Sources: Fourth Amendment and Joinder Agreement to Credit and Guaranty Agreement (Madison Air Solutions Corp), Credit and Guaranty Agreement (Madison Air Solutions Corp), Credit and Guaranty Agreement (Madison Air Solutions Corp)

Divisions. For all purposes under this Indenture and the Credit Note Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it it, shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized or formed on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 5 contracts

Sources: Fourth Supplemental Indenture (Rockley Photonics Holdings LTD), Indenture (Rockley Photonics Holdings LTD), Third Supplemental Indenture (Rockley Photonics Holdings LTD)

Divisions. For all purposes under the Credit Facility Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act Law (or any comparable event under a different jurisdiction’s lawsLaws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 4 contracts

Sources: Revolving Credit and Security Agreement (Apollo Debt Solutions BDC), Revolving Credit and Security Agreement (Remora Capital Corp), Credit Agreement (Main Street Capital CORP)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the law of the State of Delaware Limited Liability Company Act (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 4 contracts

Sources: Credit Agreement (DT Midstream, Inc.), Credit Agreement (DT Midstream, Inc.), Credit Agreement (DT Midstream, Inc.)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, ; and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 4 contracts

Sources: Senior Secured Revolving Credit Agreement (Seadrill LTD), Senior Secured Revolving Credit Agreement (Valaris LTD), Senior Secured Revolving Credit Agreement (Noble Corp PLC)

Divisions. For all purposes under the Credit Note Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 3 contracts

Sources: Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase and Private Shelf Agreement (Franklin Electric Co Inc)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division (whether under the Delaware Limited Liability Company Act (law or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 3 contracts

Sources: Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP), Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws) (a “Division”): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests at such time.

Appears in 3 contracts

Sources: Term Loan Agreement (V F Corp), Term Loan Agreement (V F Corp), Term Loan Agreement (V F Corp)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 3 contracts

Sources: Credit Agreement (eHealth, Inc.), Credit Agreement (Tremor International Ltd.), Credit Agreement (PurposeBuilt Brands, Inc.)

Divisions. For all purposes under the Credit Debenture Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws) (a “Division”): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 2 contracts

Sources: Guaranty and Security Agreement (Streamex Corp.), Canadian Guarantee and Security Agreement (Streamex Corp.)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.. 

Appears in 2 contracts

Sources: Revolving Credit Agreement (Oncor Electric Delivery Co LLC), Revolving Credit Agreement (Oncor Electric Delivery Co LLC)

Divisions. (a) For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (ai) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (bii) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 2 contracts

Sources: Abl Credit and Guaranty Agreement (PetIQ, Inc.), Abl Credit and Guaranty Agreement (PetIQ, Inc.)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different the laws of another jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it such asset, right, obligation or liability shall be deemed to have been transferred from the original Person to the subsequent Person, Person and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 2 contracts

Sources: Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement

Divisions. For all purposes under this Agreement and the other related Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its capital stock or equity interests at such time.

Appears in 2 contracts

Sources: Term Loan Agreement (Southwest Gas Corp), Term Loan Agreement (Southwest Gas Holdings, Inc.)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interest at such time.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (TiVo Corp), Abl Credit and Guaranty Agreement (TiVo Corp)

Divisions. For all purposes under the Credit Operative Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s 's laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 2 contracts

Sources: Credit Agreement (Frontier Group Holdings, Inc.), Credit Agreement (Frontier Group Holdings, Inc.)

Divisions. For all purposes under the Credit Operative Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 2 contracts

Sources: Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.)

Divisions. For all purposes under the Credit ▇▇▇▇▇ Financing Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): ) (a) if any asset, right, obligation obligation, or liability of any Person becomes the asset, right, obligation obligation, or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, Person and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 2 contracts

Sources: Credit Agreement (NextDecade Corp), Credit Agreement (NextDecade Corp)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to 44 have been organized and acquired on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Tiptree Inc.)

Divisions. For all purposes under the Credit Other Documents, in connection with any division Division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Daseke, Inc.)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any divisive merger or other comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Credit Agreement (National Research Corp)

Divisions. For all purposes under the Credit Note Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation obligation, or liability of any Person becomes the asset, right, obligation obligation, or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, ; and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Note Purchase Agreement (Bird Global, Inc.)

Divisions. For all purposes under this Indenture and the Credit Security Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Indenture (Salem Media Group, Inc. /De/)

Divisions. For all purposes under the Credit Loan Documents, in connection with an any division Division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisidiction’s jurisdiction’s laws): ); : (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Dillard's, Inc.)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws) (a “Division”): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Capital Stock at such time.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (KAMAN Corp)

Divisions. For all purposes under the Credit this Agreement or any other Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Shimmick Corp)

Divisions. For all purposes under the Credit Transaction Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Private Shelf Agreement (Hillenbrand, Inc.)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws) (each, a “Division”): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Alaska Communications Systems Group Inc)

Divisions. For all purposes hereunder or under the Credit Documentsany other loan documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Credit Agreement

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Noble Corp)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): ) (a “Division”), if (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Loan Agreement and Guaranty (Mesoblast LTD)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act LLC Division (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Ingersoll Rand Inc.)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): ), (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Americas Carmart Inc)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, 29 753191124 obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Firstenergy Corp)

Divisions. (a) . For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Montrose Environmental Group, Inc.)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s lawsLaws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability DB1/ 164314760.16 of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Childrens Place, Inc.)

Divisions. For all purposes under this Agreement and the Credit other Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act Law (or any comparable event under a different jurisdiction’s laws's Laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Glatfelter P H Co)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, Person and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Itron, Inc.)

Divisions. For all purposes under the Credit Note Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any 12 comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Note Purchase Agreement (Newmarket Corp)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Laws of the State of Delaware Limited Liability Company Act (or any comparable event under a different jurisdiction’s lawsLaws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Madison Square Garden Sports Corp.)

Divisions. For all purposes under the Credit DocumentsMargin Loan Documentation, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Margin Loan Agreement (Valor Buyer LP)

Divisions. For all purposes under the Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.. SECTION 1.07

Appears in 1 contract

Sources: Uncommitted Letter of Credit and Reimbursement Agreement (Northwest Natural Gas Co)

Divisions. For all purposes under the Revolving Credit Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a 42 different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Altus Power, Inc.)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): ), (a) if any asset, Property, right, obligation or liability of any Person becomes the asset, Property, right, obligation obligation, or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Abraxas Petroleum Corp)

Divisions. For all purposes under the Credit Related Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Bond Purchase Agreement

Divisions. For all purposes under the Credit Documents(a) Solely with respect to Sections 6.11 and 7.03, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Credit Agreement (KKR & Co. Inc.)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person [[6069954]] shall be deemed to have been organized and acquired on the first date of its existence by the holders of its equity interests Equity Interests at such time.

Appears in 1 contract

Sources: Revolving Credit Agreement (F5, Inc.)

Divisions. For all purposes under the Credit Transaction Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to AmericasActive:18709990.5 have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Loan and Servicing Agreement (Oaktree Strategic Credit Fund)

Divisions. For all purposes under the Credit Loan Documents, in connection with any division or plan of division under the Delaware Limited Liability Company Act law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, LEGAL02/41239043v9 right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time.

Appears in 1 contract

Sources: Credit Agreement (Inland Real Estate Income Trust, Inc.)