Common use of Assignment/Transfer of Commitments Clause in Contracts

Assignment/Transfer of Commitments. Each Bank shall have the right at any time or times to assign or transfer to an Eligible Assignee or any Affiliate of such Bank, without recourse, all or a portion of (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's participation in Letters of Credit and that Bank's participation purchased pursuant to Section 7.04; provided, however, in each such case, that the transferor and the transferee shall have complied with the following requirements:

Appears in 5 contracts

Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)

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Assignment/Transfer of Commitments. Each Bank shall have the right at any time or times to assign or transfer to an Eligible Assignee or any Affiliate affiliate of such Bank, without recourse, all or a portion of (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's participation in Letters of Credit and that Bank's participation purchased pursuant to Section 7.04; provided, however, in each such case, that the transferor and the transferee shall have complied with the following requirements:

Appears in 2 contracts

Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)

Assignment/Transfer of Commitments. Each Bank shall have the right at any time or times to assign or transfer to an Eligible Assignee or any Affiliate affiliate of such Bank, without recourse, all or a portion of (a) that Bank's Commitment, (b) all Loans made by that Bank, (c) that Bank's Notes, and (d) that Bank's participation in Letters of Credit and that Bank's participation purchased pursuant to Section 7.0413.4; provided, however, in each such case, that the transferor and the transferee shall have complied with the following requirements:

Appears in 1 contract

Samples: Financing Agreement (Northwestern Corp)

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Assignment/Transfer of Commitments. Each Bank shall have the right at any time or times to assign or transfer to an another Eligible Assignee or any Affiliate of such BankAssignee, without recourse, all or a portion of (a) that Bank's ’s Commitment, (b) all Loans made by that Bank, (c) that Bank's ’s Notes, and (d) that Bank's participation in Letters of Credit and that Bank's ’s participation purchased pursuant to Section 7.04; provided, however, in each such case, that the transferor and the transferee shall have complied with the following requirements:to

Appears in 1 contract

Samples: Credit Agreement (Baker Michael Corp)

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