Common use of Credit Participants Clause in Contracts

Credit Participants. Each Lender may, without the consent of the Borrower or the Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or other financial institutions (each a "CREDIT PARTICIPANT") participations, in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, the Loan and Letter of Credit Exposure owing to it and the Notes held by it); PROVIDED, HOWEVER, that:

Appears in 2 contracts

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

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Credit Participants. Each Lender may, without the consent of the any Borrower or the any Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or other financial institutions Qualified Institutional Buyers (each a "CREDIT PARTICIPANT") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, Commitment and the Loan and Letter of Credit Exposure owing to it and the Notes held by it); PROVIDED, HOWEVER, that:

Appears in 1 contract

Samples: Credit Agreement (Falcon Funding Corp)

Credit Participants. Each Lender may, without the consent of the Borrower Borrowers or the Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or other financial institutions (each a "CREDIT PARTICIPANTCredit Participant") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, the Loan and Revolving Loan, the Letter of Credit Exposure owing to it and the Notes Revolving Note held by it); PROVIDEDprovided, HOWEVERhowever, that:

Appears in 1 contract

Samples: Credit Agreement (Pediatrix Medical Group Inc)

Credit Participants. Each Lender may, without the consent of the Borrower Company or the Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or banks, other financial institutions or funds in the business of making or purchasing loans similar to the Credit Obligations (each a "CREDIT PARTICIPANT") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, the Loan and Letter of Credit Exposure owing to it and the Notes held by it); PROVIDED, HOWEVER, that:

Appears in 1 contract

Samples: Credit Agreement (Nextera Enterprises Inc)

Credit Participants. Each Lender Bank may, without the consent of the Borrower or Borrowers and with the consent of the Administrative Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or other financial institutions (each a "CREDIT PARTICIPANTCredit Participant") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Loan Documents (including all or a portion of its CommitmentPercentage Interest in the Commitments, the Loan Loans and Letter of Credit Exposure owing to it and the Notes held by it); PROVIDED, HOWEVER, that:

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Equity Compression Services Corp)

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Credit Participants. Each Lender may, without the consent of the Borrower Borrowers or the Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or other financial institutions (each a "CREDIT PARTICIPANT") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, the Loan and Revolving Loan, the Letter of Credit Exposure owing to it and the Notes Revolving Note held by it); PROVIDED, HOWEVER, that:

Appears in 1 contract

Samples: Credit Agreement (Pediatrix Medical Group Inc)

Credit Participants. Each Lender may, without the consent of the Borrower or the Administrative Agent, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or banks, other financial institutions or funds in the business of making or purchasing loans similar to the Credit Obligations (each a "CREDIT PARTICIPANT") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, the Loan and Letter of Credit Exposure owing to it and the Revolving Notes held by it); PROVIDED, HOWEVER, that:

Appears in 1 contract

Samples: Credit Agreement (American Financial Group Inc)

Credit Participants. Each Lender may, without the consent of the Borrower Company or the AgentManaging Agents, in compliance with applicable laws in connection with such participation, sell to one or more commercial banks or other financial institutions Qualified Institutional Buyers (each a "CREDIT PARTICIPANTCredit Participant") participations, participations in all or a portion of its interests, rights and obligations under this Agreement and the other Credit Documents (including all or a portion of its Commitment, Commitment and the Loan and Letter of Credit Exposure owing to it and the Notes held by it); PROVIDED, HOWEVER, that:

Appears in 1 contract

Samples: Agreement (American Financial Corp)

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