Common use of Holder of Interest in Note Clause in Contracts

Holder of Interest in Note. The Agent may treat each Lender as the holder of all of the interest of such Lender in the Note, until, in the case of an assignment, the Agent has received an original Assignment and Assumption Agreement executed by such Lender and its assignee.

Appears in 4 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

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Holder of Interest in Note. The Agent may treat each Lender as the holder of all of the interest of such Lender in the Note, until, in the case of an assignment, Note unless and until the Agent has received a copy of an original Assignment and Assumption Agreement executed by evidencing the transfer of all or any part of such Lender and its assigneeLender's interest in the Credit Facility.

Appears in 2 contracts

Samples: Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)

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