Common use of Omnibus Assignment and Assumption Clause in Contracts

Omnibus Assignment and Assumption. On the Ninth Amendment Effective Date upon satisfaction of the conditions precedent in Section 4.2, each New Revolving Lender (each, an “Assignee”) hereby purchases and assumes from each existing Revolving Lender having Revolving Commitments outstanding immediately prior to the Ninth Amendment Effective Date (including each Non-Consenting Lender) (each an “Assignor”), and each Assignor hereby sells and assigns, or is deemed to sell and assignee pursuant to Section 2.24 of the Credit Agreement, to each Assignee, without recourse or warranty, all of such Assignor’s rights and obligations under the Credit Agreement with respect to Revolving Commitments, any Revolving Loans and participations in Letters of Credit and any Swingline Loans, to be allocated among Assignees as set forth on Schedule I hereto, to the extent that such Assignor’s Revolving Commitments will be reduced by giving effect to this Amendment and such Assignee’s Revolving Commitments will be increased by giving effect to this Amendment.

Omnibus Assignment and Assumption. On the Ninth Extension Amendment Effective Date upon satisfaction of the conditions precedent in Section 4.24, each New Extension Revolving Lender (each, an “Assignee”) hereby purchases and assumes from each existing Revolving Lender having Revolving Commitments outstanding immediately prior to the Ninth Extension Amendment Effective Date (including each Non-Consenting Revolving Lender) (each an “Assignor”), and each Assignor hereby sells and assigns, or is deemed to sell and assignee assign pursuant to Section 2.24 of the Credit Agreement, to each Assignee, without recourse or warranty, all of such Assignor’s rights and obligations under the Credit Agreement with respect to Revolving Commitments, any Revolving Loans and participations in Letters of Credit and any Swingline Loans, to be allocated among Assignees as set forth on Schedule I hereto, to the extent that such Assignor’s Revolving Commitments will be reduced by giving effect to this Amendment and such Assignee’s Revolving Commitments will be increased by giving effect to this Amendment.