Common use of Effectiveness of Assignment Clause in Contracts

Effectiveness of Assignment. a. Following the execution of this Assignment and Acceptance by the Assignor and the Assignee, it will be delivered to the Administrative Agent for acceptance and recording by the Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”). b. Upon such acceptance and recording by the Administrative Agent, as of the Effective Date, (i) the Assignee shall be a party to the Agreement and, to the extent provided in this Assignment and Acceptance Agreement, have the rights and obligations of a Lender thereunder and hereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance Agreement, relinquish its rights and be released from its obligations under the Agreement. c. Upon such acceptance and recording by the Administrative Agent, from and after the Effective Date, the Administrative Agent, the Borrower or the Collection Agent, as the case may be, shall make all payments under the Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Agreement for periods prior to the Effective Date directly between themselves.

Effectiveness of Assignment. a. Following the execution of this Assignment and Acceptance by the Assignor and the Assignee, it will be delivered to the Administrative Group Investor Agent for acceptance and recording by the Administrative Group Investor Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Group Investor Agent, unless otherwise specified in Section 3 of the signature page hereto (the “"Effective Date”"). Upon such acceptance and recording by the Group Investor Agent, the Group Investor Agent shall deliver a fully executed counterpart of this Assignment and Acceptance Agreement to the Program Agent. b. Upon such acceptance and recording by the Administrative Group Investor Agent, as of the Effective Date, (i) the Assignee shall be a party to the Agreement and, to the extent provided in this Assignment and Acceptance Agreement, have the rights and obligations of a Lender Bank thereunder and hereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance Agreement, relinquish its rights and be released from its obligations under the Agreement. c. Upon such acceptance and recording by the Administrative Group Investor Agent, from and after the Effective Date, the Administrative Group Investor Agent, the Borrower or the Collection Agent, as the case may be, shall make all payments under the Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principalPrincipal, interest Yield and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Agreement for periods prior to the Effective Date directly between themselves.

Effectiveness of Assignment. a. Following the execution Upon its receipt of this a Lender Assignment and Acceptance Agreement executed by the Assignor an Assignor, an Eligible Assignee and the Assigneeany other Person whose consent is required by Section 11.7(c), it will be delivered together with payment to the Administrative Agent for of a registration and processing fee of $3,500, the Administrative Agent shall (i) promptly accept such Lender Assignment and Acceptance Agreement and (ii) record the information contained therein in the Register (as defined below) on the effective date determined pursuant thereto. Upon such execution, delivery, acceptance and recording by the Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Assignment Effective Date”). b. Upon , then, from and after the settlement date specified in such acceptance and recording by the Administrative Agent, as of the Effective DateLender Assignment Agreement, (ix) the Eligible Assignee thereunder shall be a party to the Agreement hereto and, to the extent provided in this such Lender Assignment and Acceptance Agreement, have the rights and obligations of a Lender thereunder and hereunder with a Revolving Commitment and/or Revolving Loans as set forth therein, and (iiy) the Assignor thereunder shall, to the extent provided in this such Lender Assignment and Acceptance Agreement, relinquish its rights and be released from its obligations under the Agreement. c. Upon such acceptance and recording by the Administrative Agentthis Agreement (and, from and after the Effective Date, the Administrative Agent, the Borrower or the Collection Agent, as in the case may beof a Lender Assignment Agreement covering all of an Assignor’s rights and obligations under this Agreement, such Assignor shall make all payments under the Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and fees with respect thereto) cease to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Agreement for periods prior to the Effective Date directly between themselvesbe a party hereto).

Effectiveness of Assignment. a. (a) Following the execution of this Assignment and Acceptance by the Assignor and the Assignee, it counterparts will be delivered to the Administrative Agent for acceptance and recording by the Administrative Agent and to the Assignor's Managing Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Agent and acknowledgement of receipt by the applicable Managing Agent, unless otherwise specified in Section 3 of the signature page hereto (the “"Effective Date”"). b. (1) Upon such acceptance and recording by the Administrative Agent and acknowledgement of receipt by the applicable Managing Agent, as of the Effective Date, (i) the Assignee shall be a party to the Restated Loan Agreement and, to the extent provided in this Assignment and Acceptance AgreementAcceptance, have the rights and obligations of a Lender [Bank] [Seasonal Bank] thereunder and hereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance AgreementAcceptance, relinquish its rights and be released from its obligations under the Restated Loan Agreement. c. (2) Upon such acceptance and recording by the Administrative Agent and acknowledgement of receipt by the applicable Managing Agent, from and after the Effective Date, the Administrative Agent, the Borrower or the Collection Agent, as the case may be, Agent shall make all payments under the Restated Loan Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Restated Loan Agreement for periods prior to the Effective Date directly between themselves.

Effectiveness of Assignment. a. (a) Following the execution of this Assignment and Acceptance by the Assignor and the Assignee, it counterparts will be delivered to the Administrative Agent for acceptance and recording by the Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”). b. (1) Upon such acceptance and recording by the Administrative Agent, Agent as of the Effective Date, (i) the Assignee shall be a party to the Loan Agreement and, to the extent provided in this Assignment and Acceptance AgreementAcceptance, have the rights and obligations of a Lender Bank thereunder and hereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance AgreementAcceptance, relinquish its rights and be released from its obligations under the Loan Agreement. c. (2) Upon such acceptance and recording by the Administrative Agent, from and after the Effective Date, the Administrative Agent, the Borrower or the Collection Agent, as the case may be, Agent shall make all payments under the Loan Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Loan Agreement for periods prior to the Effective Date directly between themselves.

Effectiveness of Assignment. a. (a) Following the execution of this Assignment and Acceptance by the Assignor and the Assignee, it counterparts will be delivered to the Administrative Agent for acceptance and recording by the Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “"Effective Date”"). b. (1) Upon such acceptance and recording by the Administrative Agent, Agent as of the Effective Date, (i) the Assignee shall be a party to the Loan Agreement and, to the extent provided in this Assignment and Acceptance AgreementAcceptance, have the rights and obligations of a Lender Bank thereunder and hereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance AgreementAcceptance, relinquish its rights and be released from its obligations under the Loan Agreement.. [CH Mortgage Loan Agreement] c. (2) Upon such acceptance and recording by the Administrative Agent, from and after the Effective Date, the Administrative Agent, the Borrower or the Collection Agent, as the case may be, Agent shall make all payments under the Loan Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principal, interest and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Loan Agreement for periods prior to the Effective Date directly between themselves.

Effectiveness of Assignment. a. Following the execution of this Assignment and Acceptance by the Assignor and Assignor, the AssigneeAssignee the Program Agent, the applicable Investor Agent, and, if required by the terms of the Agreement, the Seller, it will be delivered to the Administrative Program Agent for acceptance and recording by the Administrative Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Administrative Program Agent, unless otherwise specified in Section 3 of the signature page on Schedule I hereto (the “Effective Date”). b. Upon such acceptance and recording by the Administrative Program Agent, as of the Effective Date, (i) the Assignee shall be a party to the Agreement and, to the extent provided in this Assignment and Acceptance Agreement, have the rights and obligations of a Lender Bank thereunder and hereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance Agreement, relinquish its rights and be released from its obligations under the Agreement. c. Upon such acceptance and recording by the Administrative Program Agent, from and after the Effective Date, the Administrative Program Agent, the Borrower Seller or the Collection Agent, as the case may be, shall make all payments under the Agreement in respect of the interest assigned hereby (including, without limitation, all payments of principalCapital, interest Yield and fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Agreement for periods prior to the Effective Date directly between themselves.