Common use of Participation of Loan Clause in Contracts

Participation of Loan. Banks shall have the right to participate, sell or assign interests in the Loans with financial institutions on such terms and conditions as may be acceptable to Agent and Requisite Banks.

Appears in 4 contracts

Samples: Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc)

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Participation of Loan. Banks Bank shall have the right to participate, sell or assign interests in the Loans with financial institutions on such terms and conditions as may be acceptable to Agent and Requisite BanksBank.

Appears in 1 contract

Samples: Loan Agreement (Sports Club Co Inc)

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