Conditions to Assignment by Banks Sample Clauses

Conditions to Assignment by Banks. Except as provided --------------------------------- herein, each Bank may assign to one or more Eligible Assignees all or a portion of its interests, rights and obligations under this Credit Agreement (including all or a portion of its Commitment Percentage and Commitment and the same portion of the Loans at the time owing to it, the Notes held by it and its participating interest in the risk relating to any Letters of Credit); provided that (a) each of the Agent and, unless a -------- Default or Event of Default shall have occurred and be continuing, the Borrower shall have given its prior written consent to such assignment, which consent, in the case of the Borrower, will not be unreasonably withheld, (b) if such assignment is to an Eligible Assignee which is not an existing bank, then such assignment shall be either such Bank's entire interest or be in an amount that is $2,500,000 or a multiple of $1,000,000 in excess thereof, and (c) the parties to such assignment shall execute and deliver to the Agent, for recording in the Register (as hereinafter defined), an Assignment and Acceptance, substantially in the form of Exhibit F hereto (an "Assignment and Acceptance"), together with any Notes ------- - subject to such assignment. Upon such execution, delivery, acceptance and recording, from and after the effective date specified in each Assignment and Acceptance, which effective date shall be at least five (5) Business Days after the execution thereof, (i) the assignee thereunder shall be a party hereto and, to the extent provided in such Assignment and Acceptance, have the rights and obligations of a Bank hereunder, and (ii) the assigning Bank shall, to the extent provided in such assignment and upon payment to the Agent of the registration fee referred to in (S)20.3, be released from its obligations under this Credit Agreement.
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Conditions to Assignment by Banks. 65 19.2. Certain Representations and Warranties; Limitations; Covenants.......66 19.3. Register.............................................................67 19.4. New Notes............................................................67 19.5. Participations.......................................................68 19.6. Disclosure...........................................................68 19.7. Assignee or Participant Affiliated with the Borrower.................68 19.8.
Conditions to Assignment by Banks. Except as provided herein, each Bank may assign to one or more Eligible Assignees all or a portion of its interests, rights and obligations under this Agreement, including, as applicable, all or a portion of its Domestic Commitment Percentage, its Canadian Commitment Percentage, its U.K. Commitment Percentage and/or its PR Commitment Percentage, its participations in L/C Obligations, Bankers’ Acceptances and Swing Line Loans at the time owing to it, provided that any such assignment shall be subject to the following conditions:
Conditions to Assignment by Banks. 82- Section 19.2
Conditions to Assignment by Banks. 68- Section 18.2. Register. . . . . . . . . . . . . . . . . . . . -69- Section 18.3. New Notes . . . . . . . . . . . . . . . . . . . -69- Section 18.4. Participations. . . . . . . . . . . . . . . . . -70- Section 18.5. Pledge by Bank. . . . . . . . . . . . . . . . . -70- Section 18.6. No Assignment by Borrower . . . . . . . . . . . -70- Section 18.7. Disclosure. . . . . . . . . . . . . . . . . . . -70- Section 19. NOTICES . . . . . . . . . . . . . . . . . . . . . . . . . . . . -70- Section 20. RELATIONSHIP. . . . . . . . . . . . . . . . . . . . . . . . . . -72-
Conditions to Assignment by Banks. 19.2. Certain Representations and Warranties; Limitations; Covenants. 19.3. Register. 19.4. New Notes. 19.5. Participations. 19.6.
Conditions to Assignment by Banks. 75 ss.19.2 Certain Representations and Warranties; Limitations; Covenants..................... 76 ss.19.3 Register........................................... 77 ss.19.4 New Notes.......................................... 77 -vi- PAGE
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Conditions to Assignment by Banks. Except as provided herein, each Bank may assign to one or more banks or other entities all or a portion of its interests, rights and obligations under this Agreement (including all or a portion of its Commitment Percentage and Commitment and the same portion of the Loans at the time owing to it, and the Notes held by it); provided that (a) the Agent shall have given its prior written consent to such assignment, which consent shall not be unreasonably withheld (provided that such consent shall not be required for any assignment to another Bank or to a wholly-owned subsidiary of such Bank provided that such assignee shall remain a wholly-owned subsidiary of such Bank), (b) each such assignment shall be of a constant, and not a varying, percentage of all the assigning Bank's rights and obligations under this Agreement, (c) the parties to such assignment shall execute and deliver to the Agent, for recording in the Register (as hereinafter defined), a notice of such assignment, together with any Notes subject to such assignment, (d) in no event shall any voting, consent or approval rights of a Bank be assigned to any Person controlling, controlled by or under common control with, or which is not otherwise free from influence or control by, the Borrower, any of its general partners, the Guarantor or their respective Subsidiaries or Investment Partnerships, which rights shall instead be allocated pro rata among the other remaining Banks, (e) such assignee shall have
Conditions to Assignment by Banks. (a) Except as otherwise provided herein, each Bank may assign to one or more Eligible Assignees all or a portion of its interests, rights and obligations under this Agreement (including all or a portion of its Commitment Percentage and Commitment and the same portion of the Loans at the time owing to it, and the Note held by it and the Letter of Credit Participations purchased by it); provided that (i) each of the Agent and the Company shall have given its -------- prior written consent to such assignment, which consent in the case of the Company will not be unreasonably withheld, (ii) each such assignment shall be of a constant, and not a varying, percentage of all the assigning Bank's rights and obligations under this Agreement, (iii) each assignment shall be in an amount that is at least $5,000,000 and (iv) the parties to such assignment shall execute and deliver to the Agent, for recording in the Register (as hereinafter defined), an Assignment and Acceptance, substantially in the form of Exhibit E hereto (an "Assignment and ------- - Acceptance"), together with any Note subject to such assignment.
Conditions to Assignment by Banks. Except as provided herein, each Bank may assign to one or more banks or other entities all or a portion of its interests, rights and obligations under this Agreement (including all or a portion of its Commitment Percentage and Commitment and the same portion of the Loans at the time owing to it, and the Notes held by it); provided that (a) the Agent shall have given its prior written consent to such assignment, which consent shall not be unreasonably withheld or delayed (provided that such consent shall not be required for any assignment to another Bank, to a bank which is under common control with the assigning Bank or to a wholly-owned Subsidiary of such Bank provided that such assignee shall remain a
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