Common use of Assignments by Banks Clause in Contracts

Assignments by Banks. Subject to the conditions set forth in clause (c) below, any Bank may assign to one or more assignees all or a portion of its Commitments, its obligations under each Letter of Credit and the Advances owing to it to any Eligible Bank (but not to any other Person), subject to the following requirements:

Appears in 3 contracts

Samples: Credit Agreement (Cigna Corp), Letter of Credit Agreement (Cigna Corp), Letter of Credit Agreement (Cigna Corp)

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Assignments by Banks. Subject to the conditions set forth in clause (c) below, any Bank may assign to one or more assignees all or a portion of its CommitmentsCommitment, its obligations under each Letter of Credit and the Advances owing to it to any Eligible Bank (but not to any other Person), subject to the following requirements:

Appears in 3 contracts

Samples: Assignment and Assumption (Cigna Corp), Credit Agreement (Cigna Corp), Letter of Credit Agreement (Cigna Corp)

Assignments by Banks. Subject to the conditions set forth in clause (cβ€Ž(c) below, any Bank may assign to one or more assignees all or a portion of its Commitments, its obligations under each Letter of Credit and the Advances owing to it to any Eligible Bank Banks (but not to any other Person)) all or a portion of its Commitment and the Term Loan owing to it, subject to the following requirements:

Appears in 1 contract

Samples: Assignment and Assumption (Cigna Corp)

Assignments by Banks. Subject to the conditions set forth in clause (c) below, any Bank may assign to one or more assignees Eligible Banks (but not to any other Person) all or a portion of its CommitmentsCommitment, its obligations under each Letter of Credit and the Advances owing to it to any Eligible Bank (but not to any other Person)it, subject to the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Cigna Corp)

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Assignments by Banks. Subject to the conditions set forth in clause (c) below, any Bank may assign to one or more assignees all or a portion of its Commitments, its obligations under each Letter of Credit Commitment and the Advances Term Loan owing to it to any Eligible Bank (but not to any other Person)it, subject to the following requirements:

Appears in 1 contract

Samples: Credit Agreement (Cigna Corp)

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