Common use of Certain Assignees Clause in Contracts

Certain Assignees. No assignment or participation may be made to an Obligor, an Affiliate of an Obligor, or one or more natural persons. Administrative Agent shall have no obligation to determine whether any assignment is permitted under the Loan Documents.

Appears in 2 contracts

Sources: Credit Agreement (Solaris Energy Infrastructure, Inc.), Senior Secured Term Loan Agreement (Solaris Energy Infrastructure, Inc.)

Certain Assignees. No assignment or participation may be made to an Obligor, an Affiliate of an Obligor, or one or more natural personsperson. Administrative Agent shall have no obligation to determine whether any assignment assignee is permitted under the Loan Documents.

Appears in 1 contract

Sources: Term Loan and Security Agreement (Summer Infant, Inc.)