Common use of Assignment of Note Clause in Contracts

Assignment of Note. (a) Pursuant to separate documentation in the form attached hereto as Exhibit A (hereinafter referred to as the “Assignment Agreement"), Note Purchaser is concurrently selling to each Purchaser, and each Purchaser is concurrently buying, its respective Percentage Interest in and to the Note and all of Note Purchaser’s Asset Interests all as more fully set forth in Section 1(c) of the Asset Purchase Agreement. (b) Pursuant to separate documentation, BNP Paribas is assigning to BNP Paribas Leasing Corporation, and BNP Paribas Leasing Corporation is assuming, a 100% interest in and to all of BNP Paribas’ existing rights and obligations as Purchaser under the Operative Documents. The parties hereto consent to BNP Paribas’ assignment to BNP Paribas Leasing Corporation and agree that BNP Paribas Leasing Corporation is an “Eligible Assignee”.

Appears in 1 contract

Sources: Omnibus Amendment (Electronic Arts Inc)

Assignment of Note. (a) Pursuant to separate documentation in the form attached hereto as Exhibit A (hereinafter referred to as the “Assignment Agreement"), Note Purchaser is concurrently selling to each Purchaser, and each Purchaser is concurrently buying, its respective Percentage Interest in and to the Note and all of Note Purchaser’s Asset Interests all as more fully set forth in Section 1(c) of the Asset Purchase Agreement. (b) Pursuant to separate documentation, BNP Paribas is assigning to BNP Paribas Leasing Corporation, and BNP Paribas Leasing Corporation is assuming, a 100% interest in and to all of BNP Paribas’ existing rights and obligations as Purchaser under the Operative Documents. The parties hereto consent to BNP Paribas’ assignment to BNP Paribas Leasing Corporation and agree that BNP Paribas Leasing Corporation is an “Eligible Assignee”.

Appears in 1 contract

Sources: Omnibus Amendment (Electronic Arts Inc)