Assignments Among Existing Lenders. Any Lender may at any time agree to assign a portion of such Lender's Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such Lender and the Transferee Lender shall so notify the Administrative Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date: (1) The Company shall deliver to the Administrative Agent, and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Shares. (2) The Administrative Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer. (3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Administrative Agent an amount equal to such Transferee Lender's Percentage Share of Tranche A Committed Loans and Tranche B Loans outstanding in excess of such Transferee Lender's previous Percentage Share thereof. The Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 2 contracts
Samples: Mortgage Loan Warehousing Agreement (Aames Financial Corp/De), Mortgage Loan Warehousing Agreement (Aames Financial Corp/De)
Assignments Among Existing Lenders. Any Lender may at any time agree to assign a portion of such ---------------------------------- Lender's Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such event the Lender and the Transferee Lender shall so notify the Lead Administrative Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company shall deliver to the Lead Administrative Agent, Agent and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, Date reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Sharesassignment.
(2) The Lead Administrative Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
(3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Lead Administrative Agent an amount equal to to, as applicable, such Transferee Lender's Primary Percentage Share of Tranche A Committed Primary Loans and Tranche B Swing Line Percentage Share of Swing Loans outstanding in excess of such Transferee Lender's previous Primary Percentage Share and, as applicable, Swing Line Percentage Share thereof. The Lead Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Samples: Credit Agreement (Countrywide Credit Industries Inc)
Assignments Among Existing Lenders. Any Lender may at any time time, but subject to receipt by the Lead Administrative Agent of a registration fee of $3,500.00, agree to assign a portion of such Lender's ’s Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such event the Lender and the Transferee Lender shall so notify the Lead Administrative Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company shall deliver to the Lead Administrative Agent, Agent and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, Date reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Sharesassignment.
(2) The Lead Administrative Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
. (3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Lead Administrative Agent an amount equal to to, as applicable, such Transferee Lender's ’s Primary Percentage Share of Tranche A Committed Primary Loans and Tranche B Swing Line Percentage Share of Swing Loans outstanding in excess of such Transferee Lender's ’s previous Primary Percentage Share and, as applicable, Swing Line Percentage Share thereof. The Lead Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Samples: Credit Agreement (Countrywide Credit Industries Inc)
Assignments Among Existing Lenders. Any Lender may may, with the consent of the Company, such consent not to be unreasonably withheld, at any time agree to assign a portion of such Lender's Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such Lender and the Transferee Lender shall so notify the Administrative Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company shall deliver to the Administrative Agent, Agent and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Shares.
(2) The Administrative Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
(3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Administrative Agent an amount equal to such Transferee Lender's Percentage Share of Tranche A Committed Loans and Tranche B Loans outstanding in excess of such Transferee Lender's previous Percentage Share thereof. The Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Samples: Mortgage Loan Warehousing Agreement (First Mortgage Corp /Ca/)
Assignments Among Existing Lenders. Any Lender may at any time agree to assign a portion of such Lender's Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such event the Lender and the Transferee Lender shall so notify the Lead Administrative Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company shall deliver to the Lead Administrative Agent, Agent and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, Date reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Sharesassignment.
(2) The Lead Administrative Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
. (3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Lead Administrative Agent an amount equal to to, as applicable, such Transferee Lender's Primary Percentage Share of Tranche A Committed Primary Loans and Tranche B Swing Line Percentage Share of Swing Loans outstanding in excess of such Transferee Lender's previous Primary Percentage Share and, as applicable, Swing Line Percentage Share thereof. The Lead Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.. 14
Appears in 1 contract
Samples: Revolving Credit Agreement (Countrywide Credit Industries Inc)
Assignments Among Existing Lenders. (i) Any Lender may at any time agree to assign a portion of such Lender's Maximum Commitment Lendex'x Xxmmitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such Lender and the Transferee Lender shall so notify the Administrative Agent and the Company Borrower of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company Administrative Agent shall deliver to the Administrative Agent, Borrower and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, reflecting the Aggregate Committed Credit Commitment Limit and the Lenders' respective Maximum Commitments and Percentage Shares.
(2) The Administrative Agent, the CompanyBorrower, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
(3) No later than 12:30 p.m. 12:00 noon (Los Angeles Chicago time) on such Adjustment Date, the Transferee Lender shall pay to the Administrative Agent an amount equal to such Transferee Lender's Percentage Share of Tranche A Committed Loans and Tranche B Loans advances outstanding in excess of such Transferee Lender's previous Percentage Share thereof. The Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Samples: Valuation and Qualifying Accounts (Syncor International Corp /De/)
Assignments Among Existing Lenders. Any Lender may at any time agree to assign a portion of such Lender's Aggregate Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such event the Lender and the Transferee Lender shall so notify the Administrative Credit Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company shall deliver to the Administrative Agent, Credit Agent and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, Date reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Sharesassignment.
(2) The Administrative Credit Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
. (3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Administrative Credit Agent an amount equal to to, as applicable, such Transferee Lender's Multi-Year Facility Percentage Share and Short Term Facility Percentage Share of Tranche A Committed Multi-Year Loans and Tranche B Loans Short Term Loans, respectively, outstanding in excess of such Transferee Lender's previous Multi-Term Facility Percentage Share and Short Term Facility Percentage Share thereof. The Administrative Credit Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Samples: Revolving Credit Agreement (Countrywide Credit Industries Inc)
Assignments Among Existing Lenders. (i) Any Lender may at any time agree to assign a portion of such Lender's Maximum Commitment and Percentage Share to an existing Lender (a "Transferee Lender"). In such event, such Lender and the Transferee Lender shall so notify the Administrative Agent and the Company Borrower of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company Administrative Agent shall deliver to the Administrative Agent, Borrower and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, reflecting the Aggregate Committed Credit Commitment Limit and the Lenders' respective Maximum Commitments and Percentage Shares.
(2) The Administrative Agent, the CompanyBorrower, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
(3) No later than 12:30 p.m. 12:00 noon (Los Angeles Chicago] time) on such Adjustment Date, the Transferee Lender shall pay to the Administrative Agent an amount equal to such Transferee Lender's Percentage Share of Tranche A Committed Loans and Tranche B Loans advances outstanding in excess of such Transferee Lender's previous Percentage Share thereof. The Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Assignments Among Existing Lenders. Any Lender may at any time agree to assign a portion of such Lender's Maximum Commitment and Percentage Share to an one or more of its Affiliates or to another existing Lender (a "Transferee Lender"). In such event, such Lender and the Transferee Lender shall so notify the Administrative Agent and the Company of the Adjustment Date on which such assignment is to be effective. On such Adjustment Date:
(1) The Company shall deliver to the Administrative Agent, and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, reflecting the Aggregate Committed Credit Limit and the Lenders' respective Maximum Commitments and Percentage Shares.
(2) The Administrative Agent, the Company, the assigning Lender and the Transferee Lender shall execute and deliver an Assignment and Acceptance Agreement, which shall constitute an amendment to this Agreement and the other Loan Documents to the extent necessary to reflect such transfer.
(3) No later than 12:30 p.m. (Los Angeles time) on such Adjustment Date, the Transferee Lender shall pay to the Administrative Agent an amount equal to such Transferee Lender's Percentage Share of Tranche A Committed Loans and Tranche B Loans outstanding in excess of such Transferee Lender's previous Percentage Share thereof. The Administrative Agent shall thereupon remit to the transferring Lender the amount thereof.
Appears in 1 contract
Samples: Credit Agreement (Fidelity National Financial Inc /De/)