Assignments and Participations definition

Assignments and Participations. As set forth in the Existing Credit Agreement.
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Assignments and Participations. Permitted by Lender without prior written notice to the Borrower. Not permitted by Borrower Expenses: Typical expenses of the Lender are reimbursed by Borrower, including without limitation, attorneys' fees, costs and expenses.
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Assignments and Participations. Revolving Credit Facility Assignments: No change to Existing Credit Agreement.
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Examples of Assignments and Participations in a sentence

  • Assignments and Participations are sold strictly without recourse to the Selling Institutions and the Selling Institution will generally make no representations or warranties about the underlying loan, the borrowers thereunder, the documentation or any collateral securing the loans.

  • This Section 2.7(b) and Section 11.2 (Assignments and Participations) shall be construed so that the Loans and drawn Letters of Credit are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related regulations (or any successor provisions of the Code or such regulations).

  • Assignments and Participations...................................

  • This Section 2.7(b) and Section 11.2 (Assignments and Participations) shall be construed so that the Loans and Reimbursement Obligations are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related regulations (or any successor provisions of the Code or such regulations).

  • Assignments and Participations are sold strictly without recourse to the Selling Institutions and the Selling Institution will generally make no representations or warranties about the underlying loan, the borrowers, the documentation of the loans or any collateral securing the loans.

  • Assignments and Participations.......................................

  • Assignments and Participations.................................................

  • Each Lender may transfer by novation all or any of its rights and obligations under the Finance Documents or assign all or any such rights or sell participations in its portion of the Loan or grant security over its rights under the Finance Documents to one or more other Persons in accordance with this Clause 13.11 (Lender Transfers, Assignments and Participations).

  • This Section 2.6(b) and Section 10.2 (Assignments and Participations) shall be construed so that the Loans and drawn Letters of Credit are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related regulations (or any successor provisions of the Code or such regulations).

  • Any Affiliated Lender that has committed to providing New Incremental Term Loans or Refinancing Loans shall be subject to the same restrictions set forth in Section 11.2(j) (Assignments and Participations) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.


More Definitions of Assignments and Participations

Assignments and Participations. The DIP Lenders would be allowed to assign and sell participations in the Facility and unused commitments under the Facility. In the case of partial assignments (other than to another DIP Lender or an affiliate of a DIP Lender), the minimum assignment amount would be $1,000,000. The DIP Lenders would be allowed to sell participations in their loans, provided that such participations would be in a minimum amount of $1,000,000 and subject to customary limitations on the granting of voting rights to participants.
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Assignments and Participations. As set forth in the Term B Facility Documentation (as modified to incorporate the applicable provisions for a revolving credit facility consistent with the Documentation Precedent).
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Assignments and Participations. Same as Existing Credit Agreement. Expenses and Indemnification: Same as Existing Credit Agreement.
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Assignments and Participations. Each assignment (unless to another Lender or its affiliates) shall be in a minimum amount of $1.0 million (unless Borrower and the Lead Arranger otherwise consent or unless the assigning Lender's exposure is thereby reduced to $0). Assignments shall be permitted with Xxxxxxxx's and the Lead Arranger's consent (such consent not to be unreasonably withheld, delayed or conditioned), except that no such consent of Borrower need be obtained to effect an assignment to any Lender (or its affiliates) or if any default or event of default has occurred and is continuing for any assignment by Xxxxxxx Xxxxx and BAB or any of their respective affiliates. Participations shall be permitted without restriction. Voting rights of participants will be subject to customary limitations.
Sample 1
Assignments and Participations. The Lenders shall be permitted to assign and sell participations in their Loans and commitments, subject, in the case of assignments (other than to another Lender or to an affiliate of a Lender), to the consent only of the Administrative Agent, the Issuing Lender and the Swing Line Lenders and, in the case of any assignment of Commitments, of the Borrower (which consent shall not be unreasonably withheld or delayed). Assignments to a Federal Reserve Bank permitted without consent. Non-pro rata assignments shall be permitted. In the case of partial assignments (other than to another Lender or to an affiliate of a Lender), the minimum assignment amount shall be $5,000,000 unless otherwise agreed by the Borrower and the Administrative Agent. Participants shall have the same benefits as the Lenders with respect to yield protection and increased cost provisions, so long as the claim made by a participant shall not exceed the amounts that could have been made by the Lender that sold such participation. Voting rights of participants shall be limited to those matters with respect to which the affirmative vote of 100% of the Lenders would be required. Pledges of Loans in accordance with applicable law shall be permitted without restriction.
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Related to Assignments and Participations

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Assignments Each as defined in Section 2.01(c).

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participations shall have the meaning set forth in Section 13.1 hereof.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Assignment and Conveyance An assignment and conveyance of the Mortgage Loans purchased on a Closing Date in the form annexed hereto as Exhibit 4.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Assigning Lender means as specified in Section 13.8(b).

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Assignment and Assumption Agreements means each of the Assignment and Assumption Agreements to be executed between a Trustee and trustee of the relevant Successor Trust in accordance with the relevant Trust Agreement, as the same may be amended, modified or supplemented from time to time.

  • assignment An assignment of Mortgage, notice of transfer or equivalent instrument, in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect or record the sale of the Mortgage.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-1 or any other form approved by the Administrative Agent and the Borrower.

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Assignee Lender is defined in Section 11.11.1.

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;