Examples of Borrower Assignment Effective Date in a sentence
No interest shall accrue with respect to the Assigned Interest from and after the Borrower Assignment Effective Date and such Assigned Interest shall, from and after the Borrower Assignment Effective Date, and without further action by any Person, be deemed cancelled for all purposes and no longer outstanding.
Payment to the Assignor by the Assignee in respect of the settlement of the assignment of the Assigned Interest shall be paid by Assignee directly to the Assignor and shall include all unpaid interest that has accrued in respect of the Assigned Interest through the Borrower Assignment Effective Date.
On the Borrower Assignment Effective Date, no Default or Event of Default has occurred and is continuing or would result from this Assignment.
The Purchaser will make payment of the purchase price for Term Loans accepted for payment pursuant to the Offer Documents by transmitting directly to the Participating Lenders such payments in same-day funds on the Borrower Assignment Effective Date.
Effective as of the Borrower Assignment Effective Date, Assignee joins in and becomes a party to (a) the Credit Agreement as a Borrower and a Loan Party thereunder for all purposes thereof, and (b) the other Loan Documents to which Assignor is a party, in the case of each of clause (a) and (b), to the extent set forth herein.
From and after the Borrower Assignment Effective Date, the Administrative Agent shall make all payments of interest in respect of the Assigned Interest (excluding payments of principal) to the Assignor for amounts which have accrued to but excluding the Borrower Assignment Effective Date.
Xxxxxxx Title: Managing Director This Borrower Assignment and Assumption Agreement (the “Assignment”) is dated as of the Borrower Assignment Effective Date and is entered into by and between ________________________ (the “Assignor”) and Aeroflex Incorporated (the “Assignee”).
Borrower Assignment Effective Date: , 20 [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE BORROWER ASSIGNMENT EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 1 Set forth, to at least 9 decimals, as a percentage of the Loans of all Lenders thereunder.
No interest shall accrue from and after the Borrower Assignment Effective Date and the Assigned Interest shall be deemed cancelled for all purposes and no longer outstanding.
By: Name: Title: By: Name: Title: By: Name: Title: as Administrative Agent, Collateral Agent, Swing Line Lender, Issuing Bank and a Lender By: Name: Title: , as a Lender By: Name: Title: This Assignment and Assumption Agreement (the “Assignment”) is dated as of the Borrower Assignment Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and Amerigroup Corporation, a Delaware corporation (the “Assignee”).