Common use of Assignments to the Borrower Clause in Contracts

Assignments to the Borrower. Notwithstanding anything to the contrary contained in this Section 10.06 or any other provision of this Agreement, so long as no Default or Event of Default has occurred and is continuing or would result therefrom, each Lender shall have the right at any time to sell, assign or transfer all or a portion of the Tranche B Term Loans owing to it to the Borrower on a non-pro rata basis, subject to the following limitations:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)

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Assignments to the Borrower. Notwithstanding anything to the contrary contained in this Section 10.06 or any other provision of this Agreement, so long as no Default or Event of Default has occurred and is continuing or would result therefromexist after giving effect thereto, each Term B Lender shall have the right at any time to sell, assign or transfer all or a portion of the Tranche its applicable Term B Term Loans owing to it to the Borrower on a non-pro rata basis, subject to the following limitations:

Appears in 2 contracts

Samples: Credit Agreement (Equinix Inc), Credit Agreement (Equinix Inc)

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Assignments to the Borrower. Notwithstanding anything to the contrary contained in this Section 10.06 or any other provision of this Agreement, so long as no Default or Event of Default has occurred and is continuing or would result therefromexist after giving effect thereto, each Term B Lender shall have the right at any time to sell, assign or transfer all or a portion of the Tranche its Term B Term Loans owing to it to the Borrower on a non-pro rata basis, subject to the following limitations:

Appears in 1 contract

Samples: Credit Agreement (Equinix Inc)

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