Common use of No Assignments to Certain Persons Clause in Contracts

No Assignments to Certain Persons. No such assignment shall be made, (A) to Holdings, the Borrower or any of the Borrower’s Subsidiaries except as permitted under Section 2.07(a)(iv) or under subsection (l) below, (B) subject to subsection (h) below, any of the Borrower’s Affiliates (other than Holdings or any of the Borrower’s Subsidiaries), (C) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing persons described in this clause, (D) to a natural person (or a holding company, investment vehicle or trust for, or owned and operated solely by or for the primary benefit of a natural person), or (E) to a Disqualified Lender or Lender who has become a Disqualified Lender. To the extent that any assignment is made or purported to be made to a Disqualified Lender described in clause (a) or clause (d) of the definition thereof (notwithstanding clause (E) of the foregoing sentence) or to a Person who has become a Disqualified Lender described in clause (a) or clause (d) of the definition thereof, such Disqualified Lender shall be subject to Section 11.27(a). A Lender shall be entitled to rely conclusively on any Net Short Representation made (or deemed made) to it in any Assignment and Assumption and shall have no duty to inquire as to or investigate the accuracy of any Net Short Representation.

No Assignments to Certain Persons. No such assignment shall be made, (Aa) to Holdings, the Borrower or any of the Borrower’s Restricted Subsidiaries except as permitted under Section 2.07(a)(iv2.04(a)(iv) or under subsection (l) below,Section 10.07(k); (Bb) subject to subsection (hSection 10.07(h) below, any of the Borrower’s Affiliates (other than Holdings the Borrower or any of the Borrower’s its Restricted Subsidiaries),; (Cc) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing persons described in this clause,; (Dd) to a natural person (or a holding company, investment vehicle or trust for, or owned and operated solely by or for the primary benefit of a natural person), ; or (Ee) to a Disqualified Xxxxxx (subject to the Disqualified Lender Provisions) or a Net Short Lender or Lender who has become a Disqualified Lender (subject to the Disqualified Lender Provisions) or a Net Short Lender. To the extent that any assignment is made or purported to be made to a Disqualified Lender described in clause (a) or clause (d) of the definition thereof (notwithstanding clause (E) of the foregoing sentence) or to a Person who has become a Disqualified Lender described in clause (a) or clause (d) of the definition thereofNet Short Lender, such Disqualified Lender transaction shall be subject to the applicable provisions of Section 11.27(a)10.27. A Lender Lenders shall be entitled to rely conclusively on any Net Short Representation made (or deemed made) to it in any Assignment and Assumption agreement or instrument documenting or otherwise evidencing such assignment and shall have no duty to inquire as to or investigate the accuracy of any Net Short RepresentationRepresentation therein or provided in connection with such assignment.

No Assignments to Certain Persons. No such assignment shall be made, (A) to Holdings, Parent, the Borrower Borrowers or any of the Borrower’s Borrowers’ Restricted Subsidiaries except as permitted under Section 2.07(a)(iv2.04(a)(iv) or under subsection (l) below,Section 10.07(i); (B) subject to subsection (h) below, any of the Borrower’s Borrowers’ Affiliates (other than Holdings Holdings, Parent or any of the Borrower’s Restricted Subsidiaries),; (C) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing persons described in this clause,; (D) to a natural person (or a holding company, investment vehicle or trust for, or owned and operated solely by or for the primary benefit of a natural person), ; or (E) to a Disqualified Lender or a Net Short Lender or Lender who has become a Disqualified Lender or a Net Short Lender. To the extent that any assignment is made or purported to be made to a Disqualified Lender described in clause (a) or clause (d) of the definition thereof (notwithstanding clause (E) of the foregoing sentence) or to a Person who has become a Disqualified Lender described in clause (a) or clause (d) of the definition thereofNet Short Lender, such Disqualified Lender transaction shall be subject to the applicable provisions of Section 11.27(a)10.27. A Lender Lenders shall be entitled to rely conclusively on any Net Short Representation made (or deemed made) to it in any Assignment and Assumption agreement or instrument documenting or otherwise evidencing such assignment and shall have no duty to inquire as to or investigate the accuracy of any Net Short RepresentationRepresentation therein or provided in connection with such assignment.