Assignment by the Administrative Agent Sample Clauses
The "Assignment by the Administrative Agent" clause defines the conditions under which the administrative agent in a contract may transfer its rights and obligations to another party. Typically, this clause outlines whether the agent needs consent from other parties before making such an assignment and may specify any restrictions or procedures that must be followed. For example, it might require lender approval or limit assignments to affiliates. Its core function is to ensure all parties are aware of and agree to any changes in the administrative agent, thereby maintaining stability and transparency in the management of the agreement.
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Assignment by the Administrative Agent. The Administrative Agent may from time to time assign the Secured Obligations to a successor Administrative Agent appointed in accordance with the Credit Agreement, and such successor shall be entitled to all of the rights and remedies of the Administrative Agent under this Agreement in relation thereto.
Assignment by the Administrative Agent. The Administrative Agent may from time to time assign the Pledgor Obligations and any portion thereof and/or the Pledged Collateral and any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.
Assignment by the Administrative Agent. Subject to the terms of the Credit Agreement, the Administrative Agent may from time to time assign the Secured Obligations and any portion thereof and/or the Collateral and any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Security Agreement in relation thereto.
Assignment by the Administrative Agent. The Secured Parties may from time to time assign the Secured Obligations and any portion thereof and/or the Collateral and any portion thereof in accordance with the applicable provisions of the Credit Agreement, and the assignee shall be entitled to all of the rights and remedies of such Person under this Agreement in relation thereto.
Assignment by the Administrative Agent. The Administrative Agent may assign its rights and obligations hereunder (i) to any of its Affiliates and (ii) to any other Person, with the prior written consent of the Transferor (such consent not to be unreasonably withheld, conditioned or delayed; provided, however, that such consent shall not be required if a Termination Event or Potential Termination Event has occurred and is continuing).
Assignment by the Administrative Agent. The Administrative Agent may assign its rights and obligations hereunder (i) to any of its Affiliates and (ii) to any other Person, with the prior written consent of the Transferor (such consent not to be unreasonably withheld, 98 70 Redline 92
Assignment by the Administrative Agent. To the extent a new administrative agent is appointed under the Financing Agreement, the Administrative Agent may assign any or all of its right, title and interest in and to this Share Pledge Agreement to such administrative agent or a designee thereof without the consent of the parties hereto. Upon notice by the Administrative Agent, this Share Pledge Agreement shall be amended to reflect such assignment. In any or all such cases, this Share Pledge Agreement shall continue to secure the payment in full as and when due of the Secured Obligations.
Assignment by the Administrative Agent. The Administrative Agent may from time to time assign the Pledged Collateral and its rights and obligations hereunder to any successor Administrative Agent appointed in accordance with Section 9.6 of the Credit Agreement.
Assignment by the Administrative Agent. The Administrative Agent may ----------------------------------------- from time to time assign the Pledgor Obligations and any portion thereof and/or the Pledged Collateral and any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto provided, however that any such -------- assignment shall not violate the Revolving Credit Agreement or the Term Loan Agreement.