Master Assignment Sample Clauses

Master Assignment. The Replacement Lender shall have executed and delivered the Master Assignment contemplated by Section II above and all conditions to the consummation of the assignments in accordance with Section II above shall have been satisfied and such assignments shall have been consummated.
AutoNDA by SimpleDocs
Master Assignment. The Lenders have agreed among themselves to reallocate the Commitments. Each of the Administrative Agent and the Borrower hereby consents to the reallocation of the Commitments. The assignments by the Assignor necessary to effect the reallocation of the Commitments and the assumptions by each Assignee necessary for such Assignee to acquire its respective interest are hereby consummated pursuant to the terms and provisions of this Section 2 of this Agreement and Section 9.7 of the Credit Agreement, and the Borrower, the Administrative Agent, the Assignor and each Assignee, hereby consummates such assignment and assumption pursuant to the terms, provisions and representations of the Assignment and Assumption attached as Exhibit A to the Credit Agreement as if each of them had executed and delivered an Assignment and Assumption (with the Effective Date, as defined therein, being the Effective Date hereof). On the Effective Date and after giving effect to such assignments and assumptions, the Commitments of the Assignor and each Assignee shall be as set forth on Schedule I of the Credit Agreement, as amended by this Agreement. Each Lender hereby consents and agrees to the Commitments as set forth opposite such Lender’s name on Schedule I to the Credit Agreement, as amended by this Agreement. With respect to the foregoing assignments and assumptions, in the event of any conflict between this Section 2 of this Agreement and Section 9.7 of the Credit Agreement, this Section 2 of this Agreement shall control.
Master Assignment. (a) Pursuant to the Master Assignment entered into (or deemed entered into) by each Continuing Lender and each Non-Continuing Lender in accordance with Section 2 of this Amendment, each Continuing Lender and each Non-Continuing Lender shall sell and assign the principal amount of its Existing Revolving Loans and Existing Commitments as set forth in Schedule I to the Master Assignment (as completed by the Administrative Agent on or prior to the Amendment No. 2 Effective Date) to Barclays Bank PLC, as assignee (in such capacity, the “Replacement Lender”) under the Master Assignment (collectively, the “Inbound Assignments”) and, immediately after giving effect to the Inbound Assignments on the Amendment No. 2 Effective Date, the Replacement Lender shall sell and assign the principal amount of its Existing Revolving Loans and Existing Commitments as set forth in Schedule I to the Master Assignment (as completed by the Administrative Agent on or prior to the Amendment No. 2 Effective Date) to the Continuing Lenders, as assignees (collectively, the “Outbound Assignments”). Each Lender and each Issuing Bank’s signature page to this to this Amendment shall be deemed to be it signature page to the Master Assignment. Each of the US Borrower and the Canadian Borrower’s signature page to this Amendment shall be deemed its signature page to the Master Assignment. At the election of the Administrative Agent (in its sole discretion), the Master Assignment (and Schedule I thereto) may be completed and executed as one or more separate agreements, each with a separate Schedule I.
Master Assignment. The Administrative Agent shall have received the Master Assignment, duly executed by each party thereto.
Master Assignment. In lieu of executing and delivering an Assignment and Assumption, each Existing Lender whose Pro Rata Share of the Commitments is decreasing in connection herewith (each an “Assignor” and, collectively, the “Assignors”) and each Existing Lender whose Pro Rata Share of the Commitments is increasing in connection herewith (together with the New Lenders, each an “Assignee” and, collectively, the “Assignees”) hereby agree to, and Borrower hereby accepts, the following:
Master Assignment. Each of the Lenders party hereto hereby (a) ratifies the appointment of Wilmington Trust as “Mortgagee,” “Secured Party” or “Grantee”, as applicable, under each of the Mortgages, and as “Administrative Agent,” the “Collateral Agent,” and a “Secured Party” under the Security Instruments and in any other equivalent capacity under each other Loan Document and Security Instrument (with terms defined in this clause (a) having the meanings provided in the Master Assignment), (b) acknowledges and agrees to the terms and provisions of the Master Assignment (including the collateral release and assignment provisions set forth in Section 14 of the Master Assignment) and (c) agrees to be bound by the release provisions of Section 14 of the Master Assignment.
Master Assignment. The Administrative Agent shall have received counterparts of the Master Assignment signed on behalf of each party thereto.
AutoNDA by SimpleDocs
Master Assignment. Prior to the Effective Date, the Commitment of each of the Existing Banks under the Existing Credit Agreement are equal to the amounts set forth opposite the Bank's name in Part A to Schedule I. As of the Effective Date, each of the Banks' Commitments shall equal the amounts set forth opposite such Bank's name in Part B of Schedule I and each such Banks' outstanding Obligations and rights and duties hereunder shall be allocated ratably according to its new Percentage. To effect such reallocation, the parties hereto agree as follows:
Master Assignment. ................................................... 23
Master Assignment. The Master Assignment and Assumption of Lease dated as of August 28, 1995 from the Company to Brookstone Properties, Inc. Master Sublease Agreement. The Master Sublease Agreement dated as of August 28, 1995 by and between Brookstone Properties, Inc., as sublessor, and Brookstone Stores, Inc., as sublessee. Maximum Letter of Credit Amount. $40,000,000. 1997 Credit Agreement. See Preamble.
Time is Money Join Law Insider Premium to draft better contracts faster.