Assignments by Borrowers Sample Clauses

Assignments by Borrowers. None of the Borrowers shall have the right to assign this Agreement or any interest therein except with the prior written consent of Lender.
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Assignments by Borrowers. With respect to any Tranche of Term Loans or Incremental Term Loans, any Borrower may at any time assign to another Borrower organized under the same jurisdiction of such assigning Borrower of such Term Loans or Incremental Term Loans or organized in Luxembourg, Jersey, the United States or any state thereof or the District of Columbia, all or any portion of its obligations with regard to such Term Loan or Incremental Term Loans; provided that such assignment is documented pursuant to an assignment agreement in form reasonably satisfactory to the Administrative Agent and the Required Lenders; provided, further, that, in each case, the Administrative Agent shall have received all documentation and other information with respect to such Borrower (including any requisite Beneficial Ownership Certification) reasonably requested in writing by the Administrative Agent (or by any Lender through the Administrative Agent) and required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the Patriot Act and the Beneficial Ownership Regulation, no later than two Business Days prior to the date of such assignment (or such later date as may be agreed by the Administrative Agent).
Assignments by Borrowers. Except as expressly provided herein, Borrowers may not assign any of their rights or obligations hereunder or under the Notes without the prior written consent of all of the Lenders and Administrative Agent.
Assignments by Borrowers. The Borrowers may not assign or transfer any of their rights or obligations under this Agreement without the prior written consent of the Agent and all the Banks, and any such attempted assignment or transfer shall be null and void.

Related to Assignments by Borrowers

  • Assignments by Lenders Any Lender 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 Commitment and the Loans (including for purposes of this subsection (b), participations in L/C Obligations and in Swing Line Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

  • Payments by Borrower; Presumptions by Administrative Agent Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the L/C Issuer, as the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or the L/C Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this subsection (b) shall be conclusive, absent manifest error.

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