Assigned Interest Sample Clauses
The Assigned Interest clause defines the transfer of a party's rights, obligations, or benefits under a contract to another party. Typically, this clause outlines the conditions under which such an assignment can occur, such as requiring prior written consent from the non-assigning party or specifying which interests are eligible for assignment. By establishing clear procedures and limitations for assignments, the clause helps prevent unauthorized transfers and ensures all parties are aware of and agree to any changes in contractual relationships, thereby maintaining contractual integrity and reducing the risk of disputes.
Assigned Interest. Facility Assigned3 Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned Percentage Assigned of Commitment/Loans4 $ $ % $ $ % $ $ % Effective Date: , 20 [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] The Assignee agrees to deliver to the Administrative Agent a completed Administrative Questionnaire in which the Assignee designates one or more Credit Contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower, the Credit Parties] and [its] [their] Related Parties or their respective securities) will be made available and who may receive such information in accordance with the Assignee’s compliance procedures and applicable laws, including Federal and state securities laws. The terms set forth in this Assignment and Assumption are hereby agreed to: [NAME OF ASSIGNOR] By: Title: [NAME OF ASSIGNEE] By: Title: 3 Fill in the appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment (e.g. “Commitment,” etc.). 4 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. [Consented to and]5 Accepted: [NAME OF ADMINISTRATIVE AGENT], as Administrative Agent By Title: [Consented to:]6 [NAME OF RELEVANT PARTY] By Title: 5 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.
Assigned Interest. Facility Assigned Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned Percentage Assigned of Commitment/Loans2 Initial Term Loans $ $ % Delayed Draw Term Loans $ $ % Effective Date:______________, 20__ [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] The Assignee agrees to deliver to the Administrative Agent a completed Administrative Questionnaire in which the Assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information) will be made available and who may receive such information in accordance with the Assignee’s compliance procedures and applicable laws, including Federal and state securities laws. The terms set forth in this Assignment and Assumption are hereby agreed to: [NAME OF ASSIGNOR] By: Name: Title: [NAME OF ASSIGNEE] By: 2 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. US-DOCS\155550218.16 Name: Title: [Consented to and]3 Accepted: WILMINGTON TRUST, NATIONAL ASSOCIATION, as Administrative Agent By: Name: Title: [Consented to: DROPBOX, INC., as Borrower By: Name: Title:]4 3 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.
Assigned Interest. Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned Percentage Assigned of Commitment/Loans
Assigned Interest. Facility Assigned Aggregate Amount of Commitment/Loans for all Lenders* Amount of Commitment/Loans Assigned* Percentage Assigned of Commitment/Loans1 ____________ $ $ _______% ____________ $ $ _______% ____________ $ $ _______%
Assigned Interest. Assignor[s] Assignee[s] Facility Assigned5 Aggregate Amount of Commitment / Loans for all Lenders6 Amount of Commitment / Loans Assigned Percentage Assigned of Commitment / Loans7 CUSIP Number $ $ % $ $ % $ $ %
Assigned Interest. Facility Assigned2 Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned Percentage Assigned of Commitment/Loans3 $ $ % $ $ % $ $ % Effective Date:______________, 20__ [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] The Assignee agrees to deliver to the Administrative Agent a completed administrative questionnaire in which the Assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower, the Loan Parties and their Affiliates or their respective securities) will be made available and who may receive such information in accordance with the Assignee’s compliance procedures, Section 11.15 of the Credit Agreement and applicable laws, including Federal and state securities laws. The terms set forth in this Assignment and Assumption are hereby agreed to: _________________________________ NAME OF ASSIGNOR By:______________________________ Title: _________________________________ NAME OF ASSIGNEE By:______________________________ Title: ______________________ 2 Fill in the appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment (e.g. “Revolving Commitment”). 3 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders. [Consented to and]4 Accepted: JPMORGAN CHASE BANK, N.A., as Administrative Agent By_________________________________ Title: [Consented to:]5 AUTONATION, INC. By________________________________ Title: [NAME OF ANY OTHER RELEVANT PARTY] By________________________________ Title: ______________________ 4 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.
Assigned Interest. Facility Assigned Aggregate Amount of Commitment for all Lenders Amount of Commitment Assigned Percentage Assigned of Commitment1 ANNEX 1 TO ASSIGNMENT AND ASSUMPTION CREDIT AGREEMENT STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT AND ASSUMPTION
Assigned Interest. See Schedules attached hereto See Schedules attached hereto
Assigned Interest. Facility Assigned Aggregate Amount of Commitment/Loans for all Lenders Amount of Commitment/Loans Assigned2 Percentage Assigned of Commitment/Loans3 Revolving Credit $ $ %
Assigned Interest. Aggregate Amount of Amount of Percentage Commitment/Loans Commitment/Loans Assigned of Facility Assigned for all Lenders Assigned Commitment/Loans CUSIP Number --------------------------- ------------------------ ------------------------- ----------------------- ------------------- _____________ $_______________ $_______________ ______________% --------------------------- ------------------------ ------------------------- ----------------------- ------------------- --------------------------- ------------------------ ------------------------- ----------------------- ------------------- _____________ $_______________ $_______________ ______________% --------------------------- ------------------------ ------------------------- ----------------------- -------------------