Common use of Assignments and Participations as Units Clause in Contracts

Assignments and Participations as Units. No Lender shall assign or sell any participation in its Commitments, the Loans or the Letters of Credit, except in the form of units consisting of pro rata interests in its Commitments, the Loans and the Letters of Credit.

Assignments and Participations as Units. No Lender shall assign or sell any participation in its Commitments, the Loans Commitments or the Letters of CreditLoans, except in the form of units consisting of pro rata interests in its Commitments, the Loans Commitments and the Letters of CreditLoans.