Master Assignment definition
Examples of Master Assignment in a sentence
Each Lender consenting to the Third Amendment by selecting this Option B that has not delivered a signature page to the Master Assignment and Assumption to the Administrative Agent hereby authorizes and directs the Administrative Agent to execute and deliver all documentation as may be required to effectuate such assignment (including the signature page to the Master Assignment and Assumption) on its behalf.
Each Lender consenting to the Fourth Amendment by selecting this Option B that has not delivered a signature page to the Master Assignment and Assumption to the Administrative Agent hereby authorizes and directs the Administrative Agent to execute and deliver all documentation as may be required to effectuate such assignment (including the signature page to the Master Assignment and Assumption) on its behalf.
OPTION B ☐ – CONSENT TO AMENDMENT VIA CASH SETTLEMENT (CASH ROLL): Consent to the Third Amendment and agree to sell all of its existing Term Loans to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Lending Partners LLC as an Eligible Assignee pursuant to an Assignment and Assumption (or Master Assignment and Assumption) and commit to repurchase repriced Term Loans post-closing in an equal principal amount (or such lesser amount as may be allocated by ▇▇▇▇▇▇▇ Sachs Lending Partners LLC).
OPTION B ☐ – CONSENT TO FOURTH AMENDMENT VIA CASH SETTLEMENT (CASH ROLL): Consent to the Fourth Amendment and agree to sell all of its existing Term Loans and/or Revolving Credit Loans to ▇▇▇▇▇▇▇ ▇▇▇▇▇ as an Eligible Assignee pursuant to an Assignment and Assumption (or Master Assignment and Assumption) and commit to repurchase Term Loans and/or Revolving Credit Commitments post-closing in an equal principal amount (or such lesser amount as may be allocated by ▇▇▇▇▇▇▇ Sachs).
OPTION B ☐ – CONSENT TO AMENDMENT VIA CASH SETTLEMENT (CASH ROLL): Consent to the Third Amendment and agree to sell all of its existing Term Loans to ▇▇▇▇▇▇▇ Sachs Lending Partners LLC as an Eligible Assignee pursuant to an Assignment and Assumption (or Master Assignment and Assumption) and commit to repurchase repriced Term Loans post-closing in an equal principal amount (or such lesser amount as may be allocated by ▇▇▇▇▇▇▇ ▇▇▇▇▇ Lending Partners LLC).