Common use of Loan Agreement; Lender Transfers Clause in Contracts

Loan Agreement; Lender Transfers. The Lessor may enter into the Loan Agreement with a Lender or Lenders who are Eligible Assignees and would qualify as an assignee of a Lender under this Section 6.2. No Lender may grant participations in its Commitment or sell Loans or participations in its Loan and Commitment to any Person (other than an Affiliate) without the prior written consent of the Lessee, which consent shall not be unreasonably withheld. Any approved participation buyer shall not receive voting or waiver rights except with respect to postponing maturities, decreasing interest rates, releasing all or substantially all of the collateral or increasing principal amounts. Assignments will be permitted only with the prior written consent of the Lessee and the Agent, which consent shall not be unreasonably withheld, obtained at least 14 days prior to any proposed assignment, and the payment of a processing fee of $2,500 by the assignor or assignee Lender (as agreed between such Persons) to the Agent. Any such assignment shall be to an Eligible Assignee, shall be of an amount not less than $5,000,000, and if the assignee is not a United States citizen or resident (or the assignee is filing as a foreign corporation, partnership, estate or trust), the assignee shall deliver to the Agent, the Lessor and the Lessee Internal Revenue Service form 1001 or 4224, as appropriate, or any successor form prescribed by the Internal Revenue Service. Assignments shall be evidenced by an assignment and assumption agreement in substantially the form set forth as Exhibit J.

Appears in 2 contracts

Samples: Master Agreement (Choicepoint Inc), Master Agreement (Choicepoint Inc)

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Loan Agreement; Lender Transfers. The Lessor may enter into the Loan Agreement with a Lender or Lenders who are Eligible Assignees and would qualify as an assignee of a Lender under this Section 6.2. No Lender may grant participations in its Commitment or sell Loans Funded Amounts or participations in its Loan Funded Amount and Commitment (i) to any Lessee Competitor or (ii) to any other Person (other than an Affiliate) without the prior written consent of the Lessee, which consent (in the case of clause (ii)) shall not be unreasonably withheld. Any approved participation buyer shall not receive voting or waiver rights except with respect to postponing maturities, decreasing interest rates, releasing all or substantially all of the collateral or increasing principal amounts. Assignments will be permitted only with the prior written consent of the Lessee and the Agent, which consent (other than in the case of a Lessee Competitor) shall not be unreasonably withheld, obtained at least 14 days prior to any proposed assignment, and the payment of a processing fee of $2,500 by the assignor or assignee Lender (as agreed between such Persons) to the Agent. Any such assignment shall be to an Eligible AssigneeAssignee who is not a Lessee Competitor, shall be of an amount not less than $5,000,000, and if the assignee is not a United States citizen or resident (or the assignee is filing as a foreign corporation, partnership, estate or trust), the assignee shall deliver to the Agent, the Lessor and the Lessee Internal Revenue Service form 1001 or 4224, as appropriate, or any successor form prescribed by the Internal Revenue Service. Assignments shall be evidenced by an assignment and assumption agreement in substantially the form set forth as Exhibit J.

Appears in 1 contract

Samples: Lease Agreement (Fidelity National Information Services, Inc.)

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Loan Agreement; Lender Transfers. The Lessor may enter into the Loan Agreement with a Lender or Lenders who are Eligible Assignees and would qualify as an assignee of a Lender under this Section 6.2. No Lender may grant -------------------------------- participations in its Commitment or sell Loans Funded Amounts or participations in its Loan Funded Amount and Commitment (i) to any Lessee Competitor or (ii) to any other Person (other than an Affiliate) without the prior written consent of the Lessee, which consent (in the case of clause (ii)) shall not be unreasonably withheld. Any approved participation buyer shall not receive voting or waiver rights except with respect to postponing maturities, decreasing interest rates, releasing all or substantially all of the collateral or increasing principal amounts. Assignments will be permitted only with the prior written consent of the Lessee and the Agent, which consent (other than in the case of a Lessee Competitor) shall not be unreasonably withheld, obtained at least 14 days prior to any proposed assignment, and the payment of a processing fee of $2,500 by the assignor or assignee Lender (as agreed between such Persons) to the Agent. Any such assignment shall be to an Eligible AssigneeAssignee who is not a Lessee Competitor, shall be of an amount not less than $5,000,000, and if the assignee is not a United States citizen or resident (or the assignee is filing as a foreign corporation, partnership, estate or trust), the assignee shall deliver to the Agent, the Lessor and the Lessee Internal Revenue Service form 1001 or 4224, as appropriate, or any successor form prescribed by the Internal Revenue Service. Assignments shall be evidenced by an assignment and assumption agreement in substantially the form set forth as Exhibit J.J. ---------

Appears in 1 contract

Samples: Master Agreement (Certegy Inc)

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