Master Agreement Proceeds Assignment Clause Samples

Master Agreement Proceeds Assignment. In the event that the Borrower and the Swap Provider enter into a Master Agreement during the Facility Period, the Borrower shall on the same date as the Master Agreement enter into a Master Agreement Proceeds Assignment which shall be in a form acceptable to the Agent and shall on such date deliver the Master Agreement Proceeds Assignment to the Agent duly executed by the Borrower together with such supporting documentation and evidence as the Agent may reasonably require.