Common use of Assignments, Designations and Participations Clause in Contracts

Assignments, Designations and Participations. (a) Each -------------------------------------------- Bank (other than the Designated Bidders) may, upon obtaining the prior written consent of the Company and the Administrative Agent (which consents shall not be unreasonably withheld or delayed), and each Bank (including, without limitation, the Designated Bidders) shall, if demanded by the Company in accordance with Section 2.05(b), assign to one or more Eligible Assignees all or a portion of --------------- its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitment and the Committed Advances owing to it and the Committed Notes held by it); provided, however, that: -------- -------

Appears in 3 contracts

Samples: Credit Agreement (Donnelley R R & Sons Co), Day Credit Agreement (Donnelley R R & Sons Co), Day Credit Agreement (Donnelley R R & Sons Co)

AutoNDA by SimpleDocs

Assignments, Designations and Participations. (a) Each -------------------------------------------- Bank (other than the Designated Bidders) may, upon obtaining the prior written consent of the Company and the Administrative Agent (which consents shall not be unreasonably withheld or delayed), and each Bank (including, without limitation, the Designated Bidders) shall, if demanded by the Company in accordance with Section 2.05(b), assign to one or more Eligible Assignees all or a portion of --------------- its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitment and the Committed Advances owing to it and the Committed Notes held by it); provided, however, that: -------- -------:

Appears in 2 contracts

Samples: Day Credit Agreement (Donnelley R R & Sons Co), Exhibit 4 (Donnelley R R & Sons Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.