Common use of Assignments by Banks Clause in Contracts

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 10 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

AutoNDA by SimpleDocs

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans Advances at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 7 contracts

Samples: Revolving Credit Agreement (Kbr, Inc.), Credit Agreement (Uil Holdings Corp), Credit Agreement (Uil Holdings Corp)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Credit Agreement and the other Credit Documents (including all or a portion of its Revolving Credit Commitment and the Loans (including for purposes of this subsection (b), participations in LOC Obligations and in Swingline Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/)

Assignments by Banks. Any Bank may at any time assign to one or more assignees Qualified Institutions all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Loan Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (JBG SMITH Properties), Credit Agreement (JBG SMITH Properties), Credit Agreement (JBG SMITH Properties)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it) to one or more banks or other financial institutions (each, an “Assignee”); provided provided, that any such assignment shall be subject to the following conditions:

Appears in 3 contracts

Samples: Credit Agreement and General Security Agreement (Avon Products Inc), General Security Agreement (Avon Products Inc), Revolving Credit Agreement (Avon Products Inc)

Assignments by Banks. Any Bank may at any time assign to one or more assignees (other than Parent, any of its Affiliates or a natural person) (each an “Assignee”) all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it)) and the Notes; provided that any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Eaton Corp PLC), Revolving Credit Agreement (Eaton Corp PLC)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Credit Agreement and the other Credit Documents (including all or a portion of its Revolving Credit Commitment Commitments and the Loans (including for purposes of this subsection (b), participations in LOC Obligations and in Swingline Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/)

Assignments by Banks. Any Bank may at any time assign to one or more assignees Qualified Institutions all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (JBG SMITH Properties), Credit Agreement (JBG SMITH Properties)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that (in each case with respect to any Facility) any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Parsons Corp), Term Loan Agreement (Parsons Corp)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans Advances (including for purposes of this subsection (b), participations in Letter of Credit Obligations) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Stone Energy Corp), Credit Agreement (Stone Energy Corp)

Assignments by Banks. Any Each Bank may at any time may, in accordance with applicable law, assign to one or more assignees banks or other entities all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment Commitment, the Advances owing to it and the Loans at the time owing to Notes held by it); provided that any such assignment shall be subject to the following conditions:provided, however, that

Appears in 2 contracts

Samples: Credit Agreement (Ensco PLC), Credit Agreement (Ensco PLC)

AutoNDA by SimpleDocs

Assignments by Banks. Any Bank may at any time assign to one or more assignees (subject to clauses (v) and (vi) below) all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 1 contract

Samples: Assignment and Assumption (Uil Holdings Corp)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:PROVIDED that

Appears in 1 contract

Samples: Credit Agreement (Xl Capital LTD)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:: (i)

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Pro Rata Share of the Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 1 contract

Samples: Assignment Agreement (Amgen Inc)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Credit Agreement and the other Credit Documents (including all or a portion of its Revolving Credit Commitment Commitments and the Loans (including for purposes of this subsection (b), participations in LOC Obligations and in Swingline Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions:: (i)

Appears in 1 contract

Samples: Credit Agreement (Owens & Minor Inc/Va/)

Assignments by Banks. Any Bank may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Pro Rata Share of the Commitment and the Loans at the time owing to itit or, in the case of an Issuing Bank, its unused LC Commitment); provided that any such assignment shall be subject to the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Amgen Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!