Common use of Assignments Generally Clause in Contracts

Assignments Generally. Subject to the conditions set forth in clause (ii) below, any Lender may 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 Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the Borrower; provided that (i) no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and (B) the Administrative Agent, provided that no consent of the Administrative Agent shall be required for an assignment by a Lender to an Affiliate of a Lender with prior written notice by such Lender to the Administrative Agent.

Appears in 5 contracts

Samples: Senior Secured Term Loan Credit Agreement (Medley Capital Corp), Senior Secured Term Loan Credit Agreement (Medley Capital Corp), Senior Secured Term Loan Credit Agreement (Medley Capital Corp)

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Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may assign to one or more assignees (other than an Ineligible Institution) (the “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 Revolving Credit Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned withheld or delayed) of: (A) the Borrower; Borrower (provided that (i) no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five fifteen (515) Business Days days after having received written notice thereof; and), provided that no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other Assignee; (B) the Administrative Agent, provided that no consent ; (C) the Swingline Lender; and (D) each Letter of the Administrative Agent shall be required for an assignment by a Lender to an Affiliate of a Lender with prior written notice by such Lender to the Administrative AgentCredit Issuer.

Appears in 5 contracts

Samples: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)

Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may assign to one or more assignees (other than an Ineligible Institution) (the “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 Revolving Credit Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned withheld or delayed) of: (A) the Borrower; Borrower (provided that (i) no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five fifteen (515) Business Days days after having received written notice thereof; and), provided that no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other Assignee; (B) the Administrative Agent, provided that no consent ; (C) the Swingline Lender and (D) each Letter of the Administrative Agent shall be required for an assignment by a Lender to an Affiliate of a Lender with prior written notice by such Lender to the Administrative AgentCredit Issuer.

Appears in 5 contracts

Samples: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)

Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may 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 at the time owing to it) with the prior written consent of: (A) the Company (such consent not to be unreasonably withheld, conditioned withheld or delayed) of: (A) the Borrower; ), provided that (i) no consent of the Borrower Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assignee; provided, and (ii) further that the Borrower Company shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and; (B) the Administrative AgentAgent (such consent not to be unreasonably withheld), provided that no consent of the Administrative Agent shall be required for an assignment by of all or any portion of a Lender Term Loan to a Lender, an Affiliate of a Lender with prior written notice by such Lender to or an Approved Fund; and (C) in the Administrative Agentcase of any assignment of the Revolving Credit Commitments, each Issuing Lender.

Appears in 3 contracts

Samples: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De)

Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may assign to one or more assignees assignees, other than a natural person, all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the BorrowerCompany; provided that (i) no consent of the Borrower Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assigneePerson; provided, and (ii) further, that the Borrower Company shall be deemed to have consented to any such assignment unless it the Company shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and; (B) the Administrative Agent, ; provided that no consent of the Administrative Agent shall be required for an assignment by of all or any portion of a Lender Term Loan to a Lender, an Affiliate of a Lender with prior written notice by such Lender to or an Approved Fund; and (C) (in the Administrative Agentcase of assignments of the Revolving Credit Commitment and Revolving Credit Loans) each Issuing Lender.

Appears in 2 contracts

Samples: Credit Agreement (1 800 Flowers Com Inc), Credit Agreement (1 800 Flowers Com Inc)

Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may 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 at the time owing to it) with the prior written consent of: (A) the Company (such consent not to be unreasonably withheld), conditioned or delayed) of: (A) the Borrower; provided that (i) no consent of the Borrower Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) ; provided further that the Borrower Company shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and; (B) the Administrative AgentAgent (such consent not to be unreasonably withheld), provided that no consent of the Administrative Agent shall be required for an assignment by of all or any portion of a Lender Term Loan to a Lender, an Affiliate of a Lender with prior written notice by such Lender to or an Approved Fund; and (C) in the Administrative Agentcase of any assignment of the Revolving Credit Commitments, each Issuing Lender.

Appears in 2 contracts

Samples: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De)

Assignments Generally. Subject to the conditions set forth in clause (ii) below, any Lender may 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 Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the Borrower; , provided that (i) no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and (B) the Administrative Agent, provided that no consent of the Administrative Agent shall be required for an assignment by a Lender to an Affiliate of a Lender with prior written notice by such Lender to the Administrative Agent.

Appears in 2 contracts

Samples: Senior Secured Term Loan Credit Agreement (THL Credit, Inc.), Senior Secured Term Loan Credit Agreement (THL Credit, Inc.)

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Assignments Generally. Subject to the conditions set forth in clause (ii) below, any Lender may 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 itsthe Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the Borrower; , provided that (i) no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and (B) the Administrative Agent, provided that no consent of the Administrative Agent shall be required for an assignment by a Lender to an Affiliate of a Lender with prior written notice by such Lender to the Administrative Agent.

Appears in 1 contract

Samples: Senior Secured Term Loan Credit Agreement (THL Credit, Inc.)

Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may 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 at the time owing to held by it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the Borrower; Company, provided that (i) no consent of the Borrower Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assignee; provided further, and (ii) that the Borrower Company shall be deemed to have consented consent to any such assignment unless it shall object have objected thereto by written notice to the Administrative Agent within five (5) ten Business Days after having received written notice thereof; and; (B) the Administrative Agent, provided that no consent of the Administrative Agent shall be required for an assignment by to a Lender to Lender, an Affiliate of a Lender with prior written notice by such or an Approved Fund; and (C) in the case of any assignment of the Revolving Credit Commitments, the Swingline Lender to the Administrative Agentand each Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (Foster Wheeler Ag)

Assignments Generally. Subject to the conditions set forth in clause (ii) below, any Lender may 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 the Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the Borrower; , provided that (i) no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, or, if an Event of Default has occurred and is continuing, any other assignee, and (ii) the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and (B) the Administrative Agent, provided that no consent of the Administrative Agent shall be required for an assignment by a Lender to an Affiliate of a Lender with prior written notice by such Lender to the Administrative Agent.

Appears in 1 contract

Samples: Senior Secured Term Loan Credit Agreement (THL Credit, Inc.)

Assignments Generally. Subject to the conditions set forth in clause paragraph (iib)(ii) below, any Lender may assign to one or more assignees assignees, other than a natural person, all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: (A) the BorrowerCompany; provided that (i) no consent of the Borrower Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assigneePerson; provided, and (ii) further, that the Borrower Company shall be deemed to have consented to any such assignment unless it the Company shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received written notice thereof; and; (B) the Administrative Agent, ; provided that no consent of the Administrative Agent shall be required for an assignment by of all or any portion of a Lender Term Loan or a Term Loan A-1 to a Lender, an Affiliate of a Lender with prior written notice by such Lender to or an Approved Fund; and (C) (in the Administrative Agentcase of assignments of the Revolving Credit Commitment and Revolving Credit Loans) each Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (1 800 Flowers Com Inc)

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