Common use of Effect of this Assignment Agreement Clause in Contracts

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents or, if the Revolving Loan Commitment of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 4 contracts

Samples: Credit Agreement (International Rectifier Corp /De/), Credit Agreement (IPC the Hospitalist Company, Inc.), Credit Agreement (Shuffle Master Inc)

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Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that Commitments or Loans as set forth under Column 2 the caption "Commitments or Loans After Assignment" opposite such Assignee Lender’s 's name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that Commitments or Loans as set forth under Column 2 the caption "Commitments or Loans After Assignment" opposite Assignor Lender’s 's name on Attachment 1 hereto, hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents Documents, or, if the Revolving Loan Commitment Commitments or Loans of Assignor Lender has have been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 4 contracts

Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment Commitment, Term Loan and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment Commitment, Term Loan and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents or, if the Revolving Loan Commitment or any Term Loan of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 3 contracts

Samples: Credit Agreement (Smile Brands Group Inc.), Assignment Agreement (Full House Resorts Inc), Assignment Agreement (Full House Resorts Inc)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that Commitments or Loans as set forth under Column 2 the caption "Commitments or Loans After Assignment" opposite such Assignee Lender’s 's name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that Commitments or Loans as set forth under Column 2 the caption "Commitments or Loans After Assignment" opposite Assignor Lender’s 's name on Attachment 1 hereto, hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents Documents, or, if the Revolving Loan Commitment Commitments and Loans of Assignor Lender has have been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 3 contracts

Samples: Credit Agreement (Lsi Logic Corp), Credit Agreement (Lsi Logic Corp), Credit Agreement (Lsi Logic Corp)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender Bank shall be a Lender Bank with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares Share equal to that the Proportionate Share set forth under Column 2 the caption "Proportionate Share After Assignment" opposite such Assignee Lender’s Bank's name on Attachment 1 I hereto and shall have the rights, duties and obligations of such a Lender Bank under the Credit Agreement and the other Credit Documents and (b) Assignor Lender Bank shall be a Lender Bank with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares Share equal to that the Proportionate Share set forth under Column 2 the caption "Proportionate Share After Assignment" opposite Assignor Lender’s Bank's name on Attachment 1 hereto, I hereto and shall have the rights, duties and obligations of such a Lender Bank under the Credit Agreement and the other Credit Documents Documents, or, if the Revolving Loan Commitment Proportionate Share of Assignor Lender Bank has been reduced to $0%, Assignor Lender Bank shall cease to be a Lender Bank and shall have no further obligation to make any Loans.

Appears in 2 contracts

Samples: Credit Agreement (Indus International Inc), Credit Agreement (Indus International Inc)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents or, if the Revolving Loan Commitment of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment and/or Term Loan and corresponding Revolving Proportionate Shares Share(s) equal to that set forth under Column 2 opposite Assignee Lender’s 's name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and/or Term Loan and corresponding Revolving Proportionate Shares Share(s) equal to that set forth under Column 2 opposite Assignor Lender’s 's name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents or, if the any Revolving Loan Commitment and any Term Loan of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that the Commitment set forth under Column 2 the caption "Commitment After Assignment" opposite such Assignee Lender’s 's name on Attachment 1 hereto and a corresponding Proportionate Share and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that the Commitment set forth under Column 2 the caption "Commitment After Assignment" opposite Assignor Lender’s 's name on Attachment 1 hereto, hereto a corresponding Commitment and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents Documents, or, if the Revolving Loan Commitment of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 1 contract

Samples: Credit Agreement (Silicon Valley Group Inc)

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Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Term Loan Commitment and corresponding Revolving Proportionate Shares Share equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto (without giving effect to the assignment of any other term loans entered into by Assignee Lender and any other Lender) and shall have the rights, duties and obligations of such a Lender under the Credit Loan and Security Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Term Loan Commitment and corresponding Revolving Proportionate Shares Share equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Loan and Security Agreement and the other Credit Documents or, if the Revolving Term Loan Commitment of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any LoansLender.

Appears in 1 contract

Samples: Purchase and Sale Agreement for Distressed Trades (Steven Madden, Ltd.)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment Commitment, Term Loan and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment Commitment, Term Loan and corresponding Revolving Proportionate Shares equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Documents or, if the Revolving Loan Commitment and any Term Loan of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 1 contract

Samples: Credit Agreement (Sands Regent)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Percentage Shares equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Loan Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Percentage Shares equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Loan Documents or, if the Revolving Loan Commitment of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 1 contract

Samples: Credit Agreement (Titan Machinery Inc.)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) Assignee Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares Share equal to that set forth under Column 2 opposite Assignee Lender’s name on Attachment 1 hereto and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Loan Documents and (b) Assignor Lender shall be a Lender with a Revolving Loan Commitment and corresponding Revolving Proportionate Shares Share equal to that set forth under Column 2 opposite Assignor Lender’s name on Attachment 1 hereto, and shall have the rights, duties and obligations of such a Lender under the Credit Agreement and the other Credit Loan Documents or, if the Revolving Loan Commitment of Assignor Lender has been reduced to $0, Assignor Lender shall cease to be a Lender and shall have no further obligation to make any Loans.

Appears in 1 contract

Samples: Credit Agreement (Monarch Casino & Resort Inc)

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