Common use of Effect; Effective Date Clause in Contracts

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent

Appears in 10 contracts

Samples: Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.), Financing Agreement (Select Interior Concepts, Inc.)

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Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, and subject to recording of the assignment in the Register, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.11 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 7 contracts

Samples: Loan and Security Agreement (American Vanguard Corp), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 6 contracts

Samples: Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.), Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.), Guaranty and Security Agreement (Infinera Corp)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 E and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers the Loan Parties shall upon request by the transferring or transferee Lender make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 6 contracts

Samples: Loan Agreement (Cooper-Standard Holdings Inc.), Loan Agreement (Cooper-Standard Holdings Inc.), Loan Agreement (Cooper-Standard Holdings Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.2 and deliver, upon request, an administrative questionnaire satisfactory to Agent, and all other “know your customer” documents requested by the Agent pursuant to anti-money laundering rules and regulations.

Appears in 5 contracts

Samples: Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless such assignment is to a Lender, Affiliate of a Lender or Approved Fund or otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.)

Effect; Effective Date. Upon delivery to Administrative Agent of an assignment notice in the form of Exhibit A-2 a fully executed Assignment and a processing fee of $3,500 (unless otherwise agreed or waived by Administrative Agent in its Permitted Discretionsole discretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.314.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Administrative Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire reasonably satisfactory to Administrative Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3.2. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable. The transferee Lender shall comply with Section Sections 5.8 and 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (MRC Global Inc.), Loan, Security and Guarantee Agreement (MRC Global Inc.)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretionsole discretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3.2. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesRevolver Notes, if as applicable. The transferee Lender shall comply with Section Sections 5.8 and 5.9 and deliver, upon request, an administrative questionnaire satisfactory to the Agent.

Appears in 2 contracts

Samples: Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 D, appropriately completed, and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers Borrower shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable, and for cancellation and return to Borrower of any Notes held by the transferor Lender (except as to any Notes no portion of which relates to the assignment). The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Sport Chalet Inc), Loan and Security Agreement (Sport Chalet Inc)

Effect; Effective Date. Upon delivery to the Administrative Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by the Administrative Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Administrative Agent and Borrowers Borrower shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Core Scientific, Inc./Tx)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 E and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers the Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to the Agent. 172

Appears in 2 contracts

Samples: Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 E and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers the Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion) and upon the recordation thereof in the Register (as defined below), the assignment shall become effective as specified in the notice, if it complies with this Section 12.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documentsthis Agreement, and shall have all rights and obligations of a Lender thereunderhereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers the Obligors shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Milacron Holdings Corp.), Credit Agreement (Milacron Holdings Corp.)

Effect; Effective Date. Upon delivery to Administrative Agent of an assignment notice in the form of Exhibit A-2 a fully executed Assignment and a processing fee of $3,500 (unless otherwise agreed or waived by Administrative Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.314.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Administrative Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Administrative Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan and Security Agreement (Par Pacific Holdings, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent, and all other “know-your-customer” documents requested by the Agent pursuant to anti-money laundering rules and regulations.

Appears in 2 contracts

Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, and subject to recording of the assignment in the Register, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bespoke Capital Acquisition Corp), Loan and Security Agreement (Vintage Wine Estates, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 and B, a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the tax forms required by Section 5.11 and the recordation of the assignment in the Register, the assignment shall become effective as specified in the noticenotice (subject to Section 13.3.4), if it complies with this Section 12.313.3. From such effective date, and subject to recording of the assignment in the Register, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.11 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Habit Restaurants, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire reasonably satisfactory to Agent.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Quotient Technology Inc.)

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Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers Borrower shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent. 13.3.3

Appears in 1 contract

Samples: Loan and Security Agreement (Summit Midstream Partners, LP)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 E and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers the Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Clean Harbors Inc)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment specified therein shall become be effective as specified provided in the notice, if Assignment as long as it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers Borrower shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Summit Midstream Partners, LP)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall shall, if requested by the transferee Lender, make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Inari Medical, Inc.)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3.2. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent. 161

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (South Texas Supply Company, Inc.)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 E and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers 141 the Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Clean Harbors Inc)

Effect; Effective Date. Upon delivery to Administrative Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by Administrative Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor LenderXxxxxx, Administrative Agent and Borrowers Borrower shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Core Scientific, Inc./Tx)

Effect; Effective Date. Upon delivery to Administrative Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by Administrative Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent Lender and Borrowers Borrower shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 5.8 and deliver, upon request, an administrative questionnaire satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Core Scientific, Inc./Tx)

Effect; Effective Date. Upon delivery to the Agent of an assignment notice in the form of Exhibit A-2 and a processing fee of $3,500 (unless otherwise agreed by the Agent in its Permitted Discretionsole discretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, the Agent and Borrowers Loan Parties shall make appropriate arrangements for issuance of replacement and/or new notesRevolver Notes, if as applicable. The transferee Lender shall comply with Section Sections 5.8 and 5.9 and deliver, upon request, an administrative questionnaire satisfactory to the Agent.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (Edgen Group Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 D and a processing fee (payable by the assignor or assignee) of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notesNotes, if as applicable. The transferee Lender shall comply with Section 5.9 5.10 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 1 contract

Samples: Loan Agreement (Capella Healthcare, Inc.)

Effect; Effective Date. Upon delivery to Agent of an assignment notice in the form of Exhibit A-2 B and a processing fee of $3,500 (unless otherwise agreed by Agent in its Permitted Discretiondiscretion), the assignment shall become effective as specified in the notice, if it complies with this Section 12.313.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall shall, if requested by the transferor Lender, make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Calix, Inc)

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