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 Participant shall be a Participant with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite such Assignee Participant's name in Part A of Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant under the Participation Agreement and the other Operative Documents and (b) Assignor Participant shall be a Participant with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite Assignor Participant's name in Part A of Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant under the Participation Agreement and the other Operative Documents, or, if the Proportionate Share of Assignor Participant has been reduced to zero, Assignor Participant shall cease to be a Participant and shall have no further obligation to fund any portion of any Advance.

Appears in 3 contracts

Samples: Participation Agreement (Novellus Systems Inc), Participation Agreement (Fair Isaac & Company Inc), Participation Agreement (Kla Tencor Corp)

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Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Participant shall be a Participant with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share under each Facility as set forth under the caption "Tranche Percentages and Proportionate Share Shares After Assignment" opposite such Assignee Participant's name in Part A of Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant under the Participation Agreement and the other Operative Documents and (b) Assignor Participant shall be a Participant with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share under each Facility as set forth under the caption "Tranche Percentages and Proportionate Share Shares After Assignment" opposite Assignor Participant's name in Part A of Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant under the Participation Agreement and the other Operative Documents, or, if the Proportionate Share of Assignor Participant has been reduced to zero, Assignor Participant shall cease to be a Participant and shall have no further obligation to fund any portion of any Advance.

Appears in 2 contracts

Samples: Participation Agreement (Novellus Systems Inc), Participation Agreement (Novellus Systems Inc)

Effect of this Assignment Agreement. On and after the Assignment ----------------------------------- Effective Date, (a) each Assignee Participant Lender shall be a Participant Lender with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as equal to the Proportionate Share set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite such Assignee ParticipantLender's name in Part A of on Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant ------------ Lender under the Participation Credit Agreement and the other Operative Credit Documents and (b) Assignor Participant Lender shall be a Participant Lender with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as equal to the Proportionate Share set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite Assignor ParticipantLender's name in Part A of on Attachment 1 hereto and shall ------------ have the rights, duties and obligations of such a Participant Lender under the Participation Credit Agreement and the other Operative Credit Documents, or, if the Proportionate Share of Assignor Participant Lender has been reduced to zero0%, Assignor Participant Lender shall cease to be a Participant Lender and shall have no further obligation to fund make any portion of any AdvanceLoans.

Appears in 2 contracts

Samples: Credit Agreement (Acuson Corp), Credit Agreement (Acuson Corp)

Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Participant Lender shall be a Participant Lender with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as equal to the Proportionate Share set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite such Assignee ParticipantLender's name in Part A of Attachment 1 on ATTACHMENT I hereto and shall have the rights, duties and obligations of such a Participant Lender under the Participation Credit Agreement and the other Operative Credit Documents and (b) Assignor Participant Lender shall be a Participant Lender with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as equal to the Proportionate Share set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite Assignor ParticipantLender's name in Part A of Attachment 1 on ATTACHMENT I hereto and shall have the rights, duties and obligations of such a Participant Lender under the Participation Credit Agreement and the other Operative Credit Documents, or, if the Proportionate Share of Assignor Participant Lender has been reduced to zero0%, Assignor Participant Lender shall cease to be a Participant Lender and shall have no further obligation to fund make any portion of any AdvanceLoans.

Appears in 2 contracts

Samples: Credit Agreement (Adac Laboratories), Credit Agreement (Adac Laboratories)

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Effect of this Assignment Agreement. On and after the Assignment Effective Date, (a) each Assignee Participant shall be a Participant with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite such Assignee Participant's name in Part A of Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant under the Participation Agreement and the other Operative Documents and (b) Assignor Participant shall be a Participant with a Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share as set forth under the caption "Tranche Percentages and Proportionate Share After Assignment" opposite Assignor Participant's name in Part A of Attachment 1 hereto and shall have the rights, duties and obligations of such a Participant under the Participation Agreement and the other Operative Documents, or, if the Proportionate Share of Assignor Participant has been reduced to zero, Assignor Participant shall cease to be a Participant and shall have no further obligation to fund any portion of any the Acquisition Advance.

Appears in 1 contract

Samples: Participation Agreement (Silicon Valley Group Inc)

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