Common use of Rights Under Credit Agreement Clause in Contracts

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 11 contracts

Samples: Credit Agreement (Blackrock Floating Rate Income Trust), Credit Agreement (Invesco Dynamic Credit Opportunities Fund), Credit Agreement (Invesco Senior Income Trust)

AutoNDA by SimpleDocs

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; providedPROVIDED, howeverHOWEVER, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 15.12 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 4 contracts

Samples: Credit Agreement (Indonesia Fund Inc), Credit Agreement (Chile Fund Inc), Credit Agreement (Csam Income Fund)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; , provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 4 contracts

Samples: Credit Agreement (Columbia Funds Master Investment Trust, LLC), Credit Agreement (Columbia Funds Series Trust I), Credit Agreement (Columbia Funds Variable Insurance Trust I)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and AcceptanceAgreement, have the rights and obligations of a Bank Lender thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 9.3 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 3 contracts

Samples: Security Agreement (America West Airlines Inc), Security Agreement (America West Airlines Inc), Term Loan Agreement (America West Holdings Corp)

Rights Under Credit Agreement. Upon such acceptance and recordingby the Agents, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 8.3 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 3 contracts

Samples: Credit Agreement (Master Focus Twenty Trust), Credit Agreement (Master Premier Growth Trust), Credit Agreement (Hotchkis & Wiley Variable Trust)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 18 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 2 contracts

Samples: Assignment and Acceptance (Connectivity Technologies Inc), Assignment and Acceptance (Connectivity Technologies Inc)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 18 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 2 contracts

Samples: Security Agreement (Genrad Inc), Revolving Credit Agreement (Flextronics International LTD)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 4.7 and 18 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank Lender thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; providedPROVIDED, howeverHOWEVER, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 16.3 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Coach Inc), Revolving Credit Agreement (Coach Inc)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, provided however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Assignment and Acceptance (Invesco Senior Income Trust)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 18 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date. 6.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Flextronics International LTD)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Assignment And (Teradyne Inc)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 ss.17 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Western Digital Corp)

AutoNDA by SimpleDocs

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 15.2 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Rogers Corp)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank Lender thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 ss.18 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Transtechnology Corp)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank Lender thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; providedPROVIDED, howeverHOWEVER, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 9.3 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Lamonts Apparel Inc)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 16 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Flextronics International LTD)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; providedPROVIDED, howeverHOWEVER, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 16.2 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Michaels Stores Inc)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (b) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 17 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Flextronics International LTD)

Rights Under Credit Agreement. Upon such acceptance and recording, from and after the Effective Date, (ai) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance, have the rights and obligations of a Bank thereunder, and (bii) the Assignor shall, with respect to that portion of its interest under the Credit Agreement assigned hereunder, relinquish its rights and be released from its obligations under the Credit Agreement; provided, however, that the Assignor shall retain its rights to be indemnified pursuant to Section 9.03 15 of the Credit Agreement with respect to any claims or actions arising prior to the Effective Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stride Rite Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.