Assignment to Borrower. Any Lender may, so long as no Default has occurred and is continuing and no proceeds of any Credit Extension under the Revolving Credit Facility are applied to fund the consideration for any such assignment, at any time, assign all or a portion of its rights and obligations with respect to Term B Loans under this Agreement to the Borrower through (x) Dutch auctions open to all Lenders on a pro rata basis in accordance with the procedures of the type described in Section 2.17 or (y) notwithstanding Sections 2.12 and 2.13 or any other provision in this Agreement, open market purchase on a non-pro rata basis; provided that in connection with assignments pursuant to clauses (x) and (y) above, (i) the principal amount of such Term B Loans, along with all accrued and unpaid interest thereon, so assigned or transferred to the Borrower shall be deemed automatically cancelled and extinguished on the date of such assignment or transfer, (ii) the aggregate outstanding principal amount of Term B Loans of the remaining Lenders shall reflect such cancellation and extinguishment of the Term B Loans then held by the Borrower and (iii) the Borrower shall promptly provide notice to the Administrative Agent of such assignment or transfer of such Term B Loans, and the Administrative Agent, upon receipt of such notice, shall reflect the cancellation of the applicable Term B Loans in the Register.
Assignment to Borrower. Anything in this Section 11.06 to the contrary notwithstanding, no Lender may assign or participate any interest in any Loan held by it hereunder to the Borrower or any of its Affiliates without the prior consent of each Lender.
Assignment to Borrower. Assignments to the Borrower and Affiliates of the Borrower shall be permitted subject to the following limitations (which, for the avoidance of doubt, are not applicable in the case of assignments to Affiliated Debt Funds):
