Common use of Assignments and Participation Clause in Contracts

Assignments and Participation. Guarantor may not assign any of their rights hereunder without the prior written consent of Lenders, and any such assignment made without such consent will be void. Each Lender may from time to time, without the consent of Guarantor, sell, transfer, pledge, assign and convey the Note, the Loan, this Agreement and the other Loan Documents (or any interest therein), and delegate any and all of its obligations with respect thereto, and may grant participations in the Loan to another financial institution or other Person on terms and conditions reasonably acceptable to Agent and split the Loan into multiple parts, or the Note into multiple component notes or tranches. In connection with any such sale, transfer, assignment, conveyance or participation, Lenders may, acting for this purpose as an agent of Guarantor, maintain at its offices a register for the recordation of the names and addresses of Lenders’ participants or assignees, and the amount and terms of Lenders’ sales, transfers, assignments, conveyances and participations including specifying any such participant’s or assignee’s entitlement to payments of principal and interest, and any payments made, with respect to each such sale, transfer, assignment, conveyance or participation. Upon prior notice to Guarantor of such participation or assignment, Guarantor shall thereafter furnish to such participant or assignee any information furnished by Guarantor to Lenders pursuant to the terms of the Loan Documents. Nothing in this Agreement or any other Loan Document shall prohibit Lenders from pledging or assigning this Agreement and Lenders’ rights under any of the other Loan Documents, including Collateral therefor, to any Federal Reserve Lenders in accordance with applicable law.

Assignments and Participation. Guarantor Borrower may not assign any of their rights hereunder without the prior written consent of Lenders, and any such assignment made without such consent will be void. Each Lender may from time to time, without the consent of GuarantorBorrower, sell, transfer, pledge, assign and convey the NoteNotes, the Loan, this Agreement Loan and the other Loan Documents (or any interest therein), and delegate any and all of its obligations with respect thereto, and may grant participations in the Loan to another financial institution or other Person on terms and conditions reasonably acceptable to Agent and split the Loan into multiple parts, or the Note Notes into multiple component notes or tranches. In connection with any such sale, transfer, assignment, conveyance or participation, Lenders the applicable Lender may, acting for this purpose as an agent of GuarantorBorrower, maintain at its offices a register for the recordation of the names and addresses of Lenders’ participants or assignees, and the amount and terms of Lenders’ Lender’s sales, transfers, assignments, conveyances and participations including specifying any such participant’s or assignee’s entitlement to payments of principal and interest, and any payments made, with respect to each such sale, transfer, assignment, conveyance or participation. Upon prior notice to Guarantor Borrower of such participation or assignment, Guarantor Borrower shall thereafter furnish to such participant or assignee any information furnished by Guarantor Borrower to Lenders pursuant to the terms of the Loan Documents. Nothing in this Agreement or any other Loan Document shall prohibit Lenders from pledging or assigning this Agreement and Lenders’ rights under any of the other Loan Documents, including Collateral therefor, to any Federal Reserve Lenders in accordance with applicable law.

Assignments and Participation. Guarantor may not assign any of their rights hereunder without the prior written consent of Lenders, and any such assignment made without such consent will be void. Each Lender may from time to time, without the consent of Guarantor, sell, transfer, pledge, assign and convey the NoteGuaranty, the Loan, this Agreement Loan and the other Loan Documents (or any interest therein), and delegate any and all of its obligations with respect thereto, and may grant participations in the Loan to another financial institution or other Person on terms and conditions reasonably acceptable to Agent Lender and split the Loan into multiple parts, or the Note into multiple component notes or tranches. Any such sale, transfer, assignment, conveyance or participation shall not release Guarantor from the Guaranteed Obligations. In connection with any such sale, transfer, assignment, conveyance or participation, Lenders Lender may, acting for this purpose as an agent of Borrower and Guarantor, maintain at its offices a register for the recordation of the names and addresses of Lenders’ Lender’s participants or assignees, and the amount and terms of Lenders’ Lender’s sales, transfers, assignments, conveyances and participations including specifying any such participant’s or assignee’s entitlement to payments of principal and interest, and any payments made, with respect to each such sale, transfer, assignment, conveyance or participation. Upon prior notice to Guarantor of such participation or assignment, Guarantor shall thereafter furnish to such participant or assignee any information furnished by Guarantor to Lenders Lender pursuant to the terms of the Loan Documents. Nothing in this Agreement Guaranty or any other Loan Document shall prohibit Lenders Lender from pledging or assigning this Agreement Guaranty and Lenders’ Lender’s rights under any of the other Loan Documents, including Collateral therefor, to any Federal Reserve Lenders Lender in accordance with applicable law.

Assignments and Participation. Guarantor Borrower may not assign any of their its rights hereunder without the prior written consent of LendersLender, and any such assignment made without such consent will be void. Each Lender may from time to time, without the consent of GuarantorBorrower, sell, transfer, pledge, assign and convey the Note, the Loan, this Agreement Loan and the other Loan Documents (or any interest therein), and delegate any and all of its obligations with respect thereto, and may grant participations in the Loan to another financial institution or other Person on terms and conditions reasonably acceptable to Agent Lender and split the Loan into multiple parts, or the Note into multiple component notes or tranches. In connection with any such sale, transfer, assignment, conveyance or participation, Lenders Lender may, acting for this purpose as an agent of GuarantorBorrower, maintain at its offices a register for the recordation of the names and addresses of Lenders’ Lender's participants or assignees, and the amount and terms of Lenders’ Lender's sales, transfers, assignments, conveyances and participations including specifying any such participant’s 's or assignee’s 's entitlement to payments of principal and interest, and any payments made, with respect to each such sale, transfer, assignment, conveyance or participation. Upon prior notice to Guarantor Borrower of such participation or assignment, Guarantor Borrower shall thereafter furnish to such participant or assignee any information furnished by Guarantor Borrower to Lenders Lender pursuant to the terms of the Loan Documents. Nothing in this Agreement or any other Loan Document shall prohibit Lenders Lender from pledging or assigning this Agreement and Lenders’ Lender's rights under any of the other Loan Documents, including Collateral therefor, to any Federal Reserve Lenders Lender in accordance with applicable law.