Common use of Assignments by Banks Clause in Contracts

Assignments by Banks. Any Bank may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Advances (including for purposes of this subsection (b), participations in Letter of Credit Obligations) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Sources: Credit Agreement (Stone Energy Corp), Credit Agreement (Stone Energy Corp)

Assignments by Banks. Any Bank may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Loan Commitment and the Advances (including for purposes of this subsection (b), participations in Letter of Credit Obligations) Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 2 contracts

Sources: Revolving Credit Agreement (Urban Edge Properties), Revolving Credit Agreement (Urban Edge Properties)

Assignments by Banks. Any Bank may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Advances (including for purposes of this subsection (b), participations in Letter of Credit Obligations) Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions:that

Appears in 1 contract

Sources: Credit Agreement (Peoples Energy Corp)

Assignments by Banks. Any Bank may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Advances (including for purposes of this subsection (b), participations in Letter of Credit Obligations) Loans at the time owing to it); provided provided, that any such assignment shall be subject to the following conditions:

Appears in 1 contract

Sources: Term Loan Credit Agreement (Kaman Corp)

Assignments by Banks. Any Bank may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Advances (including for purposes of this subsection clause (b), participations in Letter of Credit Obligations) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

Appears in 1 contract

Sources: Fifth Amended and Restated Credit Agreement (Stone Energy Corp)