Examples of Assignment and Acceptance in a sentence
The Facility Agent and the Security Trustee shall be entitled to rely conclusively on each representation by a Lender hereunder (including this Section 8.19), under or in connection with any Assignment and Acceptance or in any other Operative Agreements, without further independent investigation of any kind.
Xxxxxx Email: axxxxx.xxxxxx@xxxxxx.xxx If to any other Lender, as provided on its signature page to this Agreement or in the applicable Assignment and Acceptance If to Borrower: Surf Air Mobility Inc.
The Loans will be deemed to be purchased on the date payment of the purchase price is made notwithstanding the failure of any Lender to deliver any Assignment and Acceptance and, upon such a purchase, the selling Lender shall have no further rights with respect to such Loans.
Upon the request of the Assignee Lender (and, as applicable, the assigning Lender) pursuant to an effective Assignment and Acceptance, Borrower shall execute and deliver to Agent for delivery to the Assignee Lender (and, as applicable, the assigning Lender) a Note in the principal amount of the Assignee Lender’s Loans and, without duplication, Commitments (and, as applicable, a Note in the principal amount of the Loans and, without duplication, Commitments, retained by the assigning Lender).
Any Lender being replaced pursuant to this Section 2.15(b) shall execute and deliver an Assignment and Acceptance with respect to such Lxxxxx’s outstanding Commitment or Loans; provided that, an assignment contemplated by this Section 2.15(b) shall become effective notwithstanding the failure by the Lender being replaced to deliver the Assignment and Acceptance contemplated by this Section 2.15(b), so long as the other actions specified in this Section 2.15(b) shall have been taken.