ASSIGNMENT OF CREDIT Sample Clauses

ASSIGNMENT OF CREDIT. 6.1 Within the expiration date of the agreement, the lessor, for the need of financing, has the right to transfer the whole or part of rights in "Contracts for Financial Lease" in ways of including but not limited to factoring, asset securitization and credit asset transfer, etc. to the commercial bank or other financial institutions.
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ASSIGNMENT OF CREDIT. The Contractor waives its right to assign or sell the credit resulting from the Contract pursuant to articles 1.527 et seq of the Civil Code, making use of the right and within the limits granted in article 6.2
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ASSIGNMENT OF CREDIT. 1. We consent in advance that your Bank may assign all or part of the loan credit under this Agreement to another financial institution or other entities. In such case, a notice to be sent from your Bank to us may be omitted, provided, however, that even when your Bank's credit against us has been assigned to another financial institution or other entities, we may still make payments for the entire amount of the loan in accordance with the method prescribed in Article 1, "The Gist of the Loan" and your Bank shall hand this amount over to the assignee. Also, your Bank may demand payment for such amount. We confirm that the covenants of the Agreement on Banking Transactions which we have submitted to your Bank will still be in force even after assignment of the credit.
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ASSIGNMENT OF CREDIT. 7. When used in a printed work, the Licensor shall be listed in the credits, using the following text: “some art by FoxFireFiction (xxxxxxxxxxxxxx.xxx)”
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Related to ASSIGNMENT OF CREDIT

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • Reaffirmation of Credit Agreement This Amendment shall be deemed to be an amendment to the Credit Agreement, and the Credit Agreement, as amended hereby, is hereby ratified, approved and confirmed in each and every respect. All references to the Credit Agreement herein and in any other document, instrument, agreement or writing shall hereafter be deemed to refer to the Credit Agreement as amended hereby.

  • Extension of Credit For the purposes hereof, each drawdown, rollover and conversion shall be deemed to be an extension of credit to the Borrower hereunder.

  • No Extension of Credit The Company has not, directly or indirectly, including through a Subsidiary, extended credit, arranged to extend credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer of the Company.

  • MODIFICATION OF CREDIT AGREEMENT The Credit Agreement is hereby amended as follows:

  • Ratification of Credit Agreement Each Loan Party acknowledges and consents to the terms set forth herein and agrees that this Amendment does not impair, reduce or limit any of its obligations under the Loan Documents, as amended hereby. This Amendment is a Loan Document.

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

  • Termination of Credit Facility The Credit Facility shall terminate on the earliest of (a) the third anniversary of the Closing Date (the "Maturity Date"), (b) the date of termination by the Borrower pursuant to Section 2.5(a) and (c) the date of termination by the Administrative Agent on behalf of the Lenders pursuant to Section 10.2(a).

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