Agency Assignment. Agency may, at its option, assign its right to receive payment under this Note to the City of Garden Grove without necessity of obtaining the consent of the Developer, provided Agency gives Developer thirty (30) days prior written notice thereof.
Agency Assignment. On the Restatement Effective Date at the Restatement Effective Time, (i) the Former Agent hereby resigns and is released and discharged from any responsibilities or obligations or duties as Administrative Agent and Collateral Agent under the Credit Agreement and the other Loan Documents, shall cease to be a party to all such documents in such capacities and shall have no further obligations or duties thereunder in such capacities (other than as specified in the Agency Transfer Agreement) but shall be entitled to all rights, privileges and immunities provided to the “Former Agent” hereunder, (ii) JPMCB is hereby appointed by each Loan Party, the Required Lenders (under and as defined in the Credit Agreement) and Lenders party hereto to serve as “Administrative Agent” and “Collateral Agent” under this Agreement and the other Loan Documents and (iii) JPMCB hereby accepts such appointment and succeeds to and becomes vested with all the rights, powers, privileges and duties of the “Administrative Agent” and “Collateral Agent” under the Credit Agreement and the other Loan Documents. [SIGNATURE PAGES INTENTIONALLY OMITTED] SCHEDULE 1.1(c) Assumed Indebtedness
Agency Assignment. As of the Restatement Effective Date, (i) the Former Agent hereby resigns and is released and discharged from any responsibilities or obligations or duties as Administrative Agent and Collateral Agent under the Original Credit Agreement and the other Loan Documents, shall cease to be a party to all such documents in such capacities and shall have no further obligations or duties thereunder in such capacities (other than in connection with the transfer of Collateral or Security Documents, to the extent not completed prior to the Restatement Effective Date), (ii) JPMCB is hereby appointed by the Required Lenders (under and as defined in the Original Credit Agreement) and Lenders party hereto to serve as “Administrative Agent” and “Collateral Agent” under this Agreement and the other Loan Documents and (iii) JPMCB hereby accepts such appointment and succeeds to and becomes vested with all the rights, powers, privileges and duties of the Former Agent under the Original Credit Agreement and the other Loan Documents.
Agency Assignment. The Agency does hereby assign and transfer to the Authority, all of its rights, title and interest, burdens and obligations in and to the OPA, the Deed of Trust, the Promissory Note and the Property. This assignment is intended to be with recourse to the Agency.
Agency Assignment. Prior to giving effect to this Fourth Amendment, KKR Loan Administration Services LLC serves as Administrative Agent with respect to all Loans and Commitments under the Credit Agreement. The parties hereto hereby agree (and, in the case of the Loan Parties, acknowledge) that, notwithstanding anything to the contrary set forth in the Credit Agreement, on the Fourth Amendment Effective Date, PNC Bank, National Association is hereby appointed by the Lenders signatory hereto, which Lenders constitute each Revolving Lender and the Required Lenders under the Credit Agreement, to serve as Revolving Agent (as defined in the Credit Agreement) solely with respect to the Revolving Loans and Revolving Commitments (and, for the avoidance of doubt, KKR Loan Administration Services LLC shall otherwise retain its role, rights, powers, privileges, remedies, duties and obligations as Administrative Agent and as Collateral Agent under the Credit Agreement and the other Loan Documents as set forth therein as of the date hereof), and PNC Bank, National Association hereby accepts such appointment as Revolving Agent under the Credit Agreement. SECTION 10.
