Common use of Effect of this Assignment Agreement Clause in Contracts

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as set forth under the caption "Commitments or Loans After Assignment" opposite such 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 Commitments or Loans as set forth under the caption "Commitments or Loans After Assignment" 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 Commitments or Loans of Assignor Lender 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: Assignment Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

AutoNDA by SimpleDocs

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans as a Revolving Loan Commitment and corresponding Revolving Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans Revolving Loan Commitment of Assignor Lender have 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)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as set forth under the caption "Commitments or Loans After Assignment" opposite such 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 Commitments or Loans as set forth under the caption "Commitments or Loans After Assignment" 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 Commitments or and Loans of Assignor Lender 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: Assignment Agreement (Lsi Logic Corp), Credit Agreement (Lsi Logic Corp), Assignment Agreement (Lsi Logic Corp)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as a Revolving Loan Commitment, Term Loan and corresponding Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans as a Revolving Loan Commitment, Term Loan and corresponding Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments Revolving Loan Commitment or Loans any Term Loan of Assignor Lender have 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 Bank shall be a Lender Bank with Commitments or Loans as a Proportionate Share equal to the Proportionate Share set forth under the caption "Commitments or Loans Proportionate Share After Assignment" opposite such Assignee LenderBank'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 Commitments or Loans as a Proportionate Share equal to the Proportionate Share set forth under the caption "Commitments or Loans Proportionate Share After Assignment" opposite Assignor LenderBank'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, or, if the Commitments or Loans Proportionate Share of Assignor Lender have 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), Security Agreement (Indus International Inc)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as a Revolving Loan Commitment and corresponding Revolving Proportionate Share equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Loan Documents and (b) Assignor Lender shall be a Lender with Commitments or Loans as a Revolving Loan Commitment and corresponding Revolving Proportionate Share equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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, Loan Documents or, if the Commitments or Loans Revolving Loan Commitment of Assignor Lender have 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)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as a Revolving Loan Commitment and corresponding Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans as a Revolving Loan Commitment and corresponding Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans Revolving Loan Commitment of Assignor Lender have 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)

AutoNDA by SimpleDocs

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as a Term Loan and corresponding Proportionate Share equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 opposite such Assignee Lender's ’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 Commitments or Loans as a Term Loan and corresponding Proportionate Share equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Loan and Security Agreement and the other Credit Documents, Documents or, if the Commitments or Loans Term Loan of Assignor Lender have 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 (Steven Madden, Ltd.)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Lender shall be a Lender with Commitments or Loans as a Commitment and corresponding Percentage Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Loan Documents and (b) Assignor Lender shall be a Lender with Commitments or Loans as a Commitment and corresponding Percentage Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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, Loan Documents or, if the Commitments or Loans Commitment of Assignor Lender have 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) each Assignee Lender shall be a Lender with Commitments or Loans as a Revolving Loan Commitment and/or Term Loan and corresponding Proportionate Share(s) equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 opposite such 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 Commitments or Loans as a Revolving Loan Commitment and/or Term Loan and corresponding Proportionate Share(s) equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 opposite Assignor Lender'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 Commitments or Loans any Revolving Loan Commitment and any Term Loan of Assignor Lender have 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 Commitments or Loans as a Revolving Loan Commitment, Term Loan and corresponding Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans as a Revolving Loan Commitment, Term Loan and corresponding Proportionate Shares equal to that set forth under the caption "Commitments or Loans After Assignment" Column 2 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 Commitments or Loans Revolving Loan Commitment and any Term Loan of Assignor Lender have 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)

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