Common use of Acceptance by Administrative Agent Clause in Contracts

Acceptance by Administrative Agent. Recordation in Register. Upon its receipt of an Assignment Agreement executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing fee referred to in subsection 00.xX(i) and any certificates, documents or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement has been completed and is in substantially the form of Exhibit XVII hereto and if Administrative Agent have consented to the assignment evidenced thereby (to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), (b) record the information contained therein in the Register, and (c) give prompt notice thereof to Company. Administrative Agent shall maintain a copy of each Assignment Agreement delivered to and accepted by it as provided in this subsection x0.xX(ii).

Appears in 1 contract

Samples: Credit Agreement (Aurora Foods Inc)

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Acceptance by Administrative Agent. Recordation in Register. Upon ----------------------------------------------------------- its receipt of an Assignment Agreement executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing and recordation fee referred to in subsection 00.xX(i10.1B(i) and any certificatesforms, documents certificates or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement has been completed and is in substantially the form of Exhibit XVII hereto and if Administrative Agent and Company have consented to the assignment evidenced thereby (in each case to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), (b) record the information contained therein in the Register, and (c) give prompt notice thereof to Company. Administrative Agent shall maintain a copy of each Assignment Agreement delivered to and accepted by it as provided in this subsection x0.xX(ii).

Appears in 1 contract

Samples: Credit Agreement (Digitas Inc)

Acceptance by Administrative Agent. Recordation in -------------------------------------------------- Register. Upon its receipt of an Assignment Agreement executed by an -------- assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing fee referred to in subsection 00.xX(i10.1B(i) and any certificates, documents or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement has been completed and is in substantially the form of Exhibit XVII XVI hereto and if Administrative Agent have ----------- consented to the assignment evidenced thereby (to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), (b) record the information contained therein in the Register, and (c) give prompt notice thereof to Company. Administrative Agent shall maintain a copy of each Assignment Agreement delivered to and accepted by it as provided in this subsection x0.xX(ii10.1B(ii).. 125

Appears in 1 contract

Samples: Credit Agreement (Aurora Foods Inc)

Acceptance by Administrative Agent. Recordation in Register. Upon its receipt of an Assignment Agreement executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing fee referred to in subsection 00.xX(i10.1B(i) and any certificates, documents or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement has been completed and is in substantially the form of Exhibit XVII XV hereto and if Administrative Agent have consented to the assignment evidenced thereby (to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), (b) record the information contained therein in the Register, and (c) give prompt notice thereof to Company. Administrative Agent shall maintain a copy of each Assignment Agreement delivered to and accepted by it as provided in this subsection x0.xX(ii10.1B(ii).

Appears in 1 contract

Samples: Credit Agreement (Aurora Foods Inc /De/)

Acceptance by Administrative Agent. Recordation in Register. ------------------------------------------------------------ Upon its receipt of an Assignment Agreement executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing fee referred to in subsection 00.xX(i10.1B(i) and any certificates, documents or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement has been completed and is in substantially the form of Exhibit XVII hereto and if Administrative Agent have consented to ------------ the assignment evidenced thereby (to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), (b) record the information contained therein in the Register, and (c) give prompt notice thereof to Company. Administrative Agent shall maintain a copy of each Assignment Agreement delivered to and accepted by it as provided in this subsection x0.xX(ii10.1B(ii).. 128

Appears in 1 contract

Samples: Credit Agreement (Aurora Foods Inc /De/)

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Acceptance by Administrative Agent. Recordation in Register. Upon its receipt of an Assignment Agreement assignment agreement substantially in the form of Exhibit X annexed hereto executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing fee referred to in subsection 00.xX(i10.1B(i) and any certificatesforms, documents certificates or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement assignment agreement has been completed and is acceptable in substantially the form of Exhibit XVII hereto and substance to Administrative Agent, and if Administrative Agent and Borrower have consented to the assignment evidenced thereby (in each case to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement assignment agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), ) and (b) record the information contained therein in the Register, and (c) give prompt notice thereof to CompanyBorrower. Administrative Agent shall maintain a copy of each Assignment Agreement assignment agreement delivered to and accepted by it as provided in this subsection x0.xX(ii10.1B(ii).

Appears in 1 contract

Samples: Credit Agreement (Beasley Broadcast Group Inc)

Acceptance by Administrative Agent. Recordation in Register. Upon its receipt of an Assignment Agreement assignment agreement substantially in the form of Exhibit IX annexed hereto executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with the processing fee referred to in subsection 00.xX(i10.1B(i) and any certificatesforms, documents certificates or other evidence with respect to United States federal income tax withholding matters that such assignee may be required to deliver to Administrative Agent pursuant to subsection 2.7B(iii)(a), Administrative Agent shall, if such Assignment Agreement assignment agreement has been completed and is acceptable in substantially the form of Exhibit XVII hereto and substance to Administrative Agent, and if Administrative Agent and Borrower have consented to the assignment evidenced thereby (in each case to the extent such consent is required pursuant to subsection 10.1B(i)), (a) accept such Assignment Agreement assignment agreement by executing a counterpart thereof as provided therein (which acceptance shall evidence any required consent of Administrative Agent to such assignment), ) and (b) record the information contained therein in the Register, and (c) give prompt notice thereof to CompanyBorrower. Administrative Agent shall maintain a copy of each Assignment Agreement assignment agreement delivered to and accepted by it as provided in this subsection x0.xX(ii10.1B(ii).

Appears in 1 contract

Samples: Credit Agreement (Beasley Broadcast Group Inc)

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