Common use of Rights of Assignees and Participants Clause in Contracts

Rights of Assignees and Participants. (a) Upon the assignment by a Lender in accordance with Section 12.1(b) or (c), the Eligible Assignee(s) receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 5 contracts

Samples: Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc)

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Rights of Assignees and Participants. (a) Upon the assignment by a Lender in accordance with Section 12.1(b) or (c), the Eligible Assignee(s) receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 5 contracts

Samples: Credit and Security Agreement (Precision Castparts Corp), Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc)

Rights of Assignees and Participants. (a) Upon the assignment by a Lender in accordance with Section 1.2(c) or 12.1(b) or (c), the Eligible Assignee(s) receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 4 contracts

Samples: Credit and Security Agreement (International Paper Co /New/), Credit and Security Agreement (Boston Scientific Corp), Credit and Security Agreement (Boston Scientific Corp)

Rights of Assignees and Participants. (a) Upon the assignment by a Lender in accordance with Section 12.1(b) or (c), the Eligible Assignee(s) acceptable to the Borrower receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 2 contracts

Samples: Credit and Security Agreement (Packaging Corp of America), Credit and Security Agreement (Packaging Corp of America)

Rights of Assignees and Participants. (a) Upon the assignment by a Lender in accordance with Section 12.1(b1.2(c), 10.2(b) or 12.l(b) or (c), the Eligible Assignee(s) receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 2 contracts

Samples: Credit and Security Agreement (International Paper Co /New/), Credit and Security Agreement (International Paper Co /New/)

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Rights of Assignees and Participants. (a) Upon the assignment by a Lender in accordance with Section SECTION 12.1(b) or OR (c), the Eligible Assignee(s) receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 2 contracts

Samples: Credit and Security Agreement (Interim Services Inc), Credit and Security Agreement (Precision Castparts Corp)

Rights of Assignees and Participants. (a) Upon i)Upon the assignment by a Lender in accordance with Section 12.1(b1.2(c), 10.2(b) or 12.l(b) or (c), the Eligible Assignee(s) receiving such assignment shall have all of the rights and obligations of such Lender with respect to the Transaction Documents and the Obligations (or such portion thereof as has been assigned).

Appears in 1 contract

Samples: Credit and Security Agreement (International Paper Co /New/)

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