Common use of Certain Conditions to Assignments Clause in Contracts

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s Commitment or Loans of any Class or Type, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 4 contracts

Sources: Credit Agreement (Motorola Solutions, Inc.), Revolving Credit Agreement (Motorola Solutions, Inc.), Revolving Credit Agreement (Motorola Solutions, Inc.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeCommitment, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause clauses (a), (fb), (g), (h) or (gi) of Section 9 hereof Article VII has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 4 contracts

Sources: Credit Agreement (NYSE Euronext), 364 Day Credit Agreement (NYSE Euronext), 364 Day Credit Agreement (NYSE Euronext)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (fb), (h) or (gi) of Section 9 hereof Article VII has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments Commitment or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments Commitment and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit A hereto, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 3 contracts

Sources: Revolving Loan Agreement (Harte Hanks Inc), Term Loan Agreement (Harte Hanks Inc), Term Loan Agreement (Harte Hanks Inc)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000, unless each of the Company and the Administrative Agent otherwise consent, ; provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative QuestionnaireQuestionnaire 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 Company and its 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.

Appears in 3 contracts

Sources: Credit Agreement (Cdi Corp), Credit Agreement (Cdi Corp), Credit Agreement (Cdi Corp)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeClass, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative QuestionnaireQuestionnaire 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 and its 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.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 (or, if less, the aggregate principal amount of such assigning Lender’s Loans) unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assigneeAssignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (ITC Holdings Corp.), Term Loan Credit Agreement (ITC Holdings Corp.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or Type, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the applicable Administrative Agent) shall not be less than $15,000,000 10,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, ; provided that no such consent of the Company Borrower shall be required if an a Default or Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or and Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit A hereto, together with a processing and recordation fee of $3,5003,500 (for which the Borrower shall not be obligated and provided that only one such fee shall be payable in the event of simultaneous assignments to or from one or more affiliated Approved Funds); and (D) the assignee, if it shall not already be a BankLender, shall be an Eligible Assignee and shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 2 contracts

Sources: Credit Agreement (Chugach Electric Association Inc), Credit Agreement (Chugach Electric Association Inc)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s Commitment or Loans of any Class or Type, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that after the Funding Date no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent (x) an Assignment and AssumptionAssumption or (y) to the extent applicable, an agreement incorporating an Assignment and Assumption by reference pursuant to an Approved Electronic Platform as to which the Administrative Agent and the parties to the Assignment and Assumption are participants, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 2 contracts

Sources: 3 Year Term Loan Credit Agreement (Motorola Solutions, Inc.), 364 Day Term Loan Credit Agreement (Motorola Solutions, Inc.)

Certain Conditions to Assignments. Assignments by the Banks shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuingexists; (B) each partial assignment of any Class or Type of Commitments Commitment or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments Commitment and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit E hereto, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (Empire Resources Inc /New/)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank’s Lender's Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Senior Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrower and the Administrative Senior Agent otherwise consent, provided PROVIDED that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s Lender's rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Senior Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and; (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Senior Agent an Administrative Questionnaire; and (E) the assignee shall satisfy the Lender Rating Criteria or the alternative requirements of Section 2.17 on the date of such assignment.

Appears in 1 contract

Sources: Senior Loan Agreement (Chartermac)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate (or Approved Fund) of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 1,000,000, unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing;, (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans;Agreement, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (International Paper Co /New/)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate (or Approved Fund) of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank’s Lender's Commitment or Loans of any Class or TypeClass, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000, unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s Lender's rights and obligations under this Agreement Agreement, provided that this clause shall not be construed to prohibit the assignment of a proportionate part of all the assigning Lender's rights and obligations in respect of such one Class or Type of Commitments and or Loans;, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: 364 Day Credit Agreement (International Paper Co /New/)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate (or Approved Fund) of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank▇▇▇▇▇▇’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000, unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing;, (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank▇▇▇▇▇▇’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans;Agreement, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Term Loan Agreement (International Paper Co /New/)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or Typea Class, the amount of the Commitment or Loans of such Class of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 U.S.$1,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit A hereto, together with a processing and recordation fee of $3,5003,500 (for which the Borrower and the Guarantors shall not be obligated); and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Senior Secured Term Loan Credit Agreement (Corporate Capital Trust, Inc.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate (or Approved Fund) of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeClass, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 1,000,000, unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing;, (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement Agreement, provided that this clause shall not be construed to prohibit the assignment of a proportionate part of all the assigning Lender’s rights and obligations in respect of such one Class or Type of Commitments and or Loans;, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (International Paper Co /New/)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s Commitment or Loans of any Class or Type, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 10,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Revolving Credit Agreement (Motorola Solutions, Inc.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeClass, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (fb), (h) or (gi) of Section 9 hereof Article VII has occurred and is continuing; (B) each partial assignment of any Commitment or Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments Commitment and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit A hereto, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (Harte Hanks Inc)

Certain Conditions to Assignments. Assignments shall be subject --------------------------------- to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank’s Lender's Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrowers and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrowers shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing;, (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s Lender's rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans;Agreement, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.. Credit Agreement ---------------- -70-

Appears in 1 contract

Sources: Credit Agreement (Griffon Corp)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s Commitment or Loans of any Class or Type, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent (x) an Assignment and AssumptionAssumption or (y) to the extent applicable, an agreement incorporating an Assignment and Assumption by reference pursuant to an Approved Electronic Platform as to which the Administrative Agent and the parties to the Assignment and Assumption are participants, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Revolving Credit Agreement (Motorola Solutions, Inc.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or Bank, an Affiliate of a Bank or an Approved Fund or an assignment of the entire remaining amount of the assigning Bank’s Commitment or Loans of any Class or either Type, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) prior to the Effective Date, no Bank shall be permitted to assign all or part of its Commitments without the prior written consent (such consent not to be unreasonably withheld or delayed) of the Company; (C) each partial assignment of any Class or either Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans; (CD) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (DE) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Motorola Solutions, Inc.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate (or Approved Fund) of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000, unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing;, (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans;Agreement, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (International Paper Co /New/)

Certain Conditions to Assignments. Assignments shall be subject to the --------------------------------- following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank’s Lender's Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrowers and the Administrative Agent otherwise consent, provided -------- that no such consent of the Company Borrowers shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing;, (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s Lender's rights and obligations under this Agreement in respect of such Class or Type of Commitments and Loans;Agreement, (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; , and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (Griffon Corp)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment Revolving Credit Commitment, Revolving Credit Loans, Swingline Exposure or Loans of any Class or TypeSwingline Loans, the amount of the Commitment Revolving Credit Commitment, Revolving Credit Loans, Swingline Exposure or Loans Swingline Loans, of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption Acceptance with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAcceptance, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Revolving Credit Agreement (ITC Holdings Corp.)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank’s Lender's Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Mezzanine Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company Borrower and the Administrative Mezzanine Agent otherwise consent, provided PROVIDED that no such consent of the Company Borrower shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s Lender's rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Mezzanine Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and; (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Mezzanine Agent an Administrative Questionnaire; and (E) the assignee shall satisfy the Lender Rating Criteria or the alternative requirements of Section 2.17 on the date of such assignment.

Appears in 1 contract

Sources: Mezzanine Loan Agreement (Chartermac)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning BankLender’s Commitment or Loans of any Class or TypeCommitment, the amount of the Commitment or Loans of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 €5,000,000 unless each of the Company Borrower (and, prior to the Merger, NYSE Group) and the Administrative Agent otherwise consent, provided that no such consent of the Company Borrower or NYSE Group shall be required if an Event of Default under clause clauses (a), (fb), (g), (h) or (gi) of Section 9 hereof 7.01 has occurred and is continuing; (B) each partial assignment of any Class or Type of Commitments or Loans shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansAgreement; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a BankLender, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (NYSE Group, Inc.)

Certain Conditions to Assignments. Assignments by the Banks shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s 's Commitment or Loans of any Class or TypeLoans, the amount of the Commitment or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuingexists; (B) each partial assignment of any Class or Type of Commitments Commitment or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s 's rights and obligations under this Agreement in respect of such Class or Type of Commitments Commitment and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit A hereto, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (Empire Resources Inc /New/)

Certain Conditions to Assignments. Assignments by the Banks shall be subject to the following additional conditions: (A) except in the case of an assignment to a Bank or an Affiliate of a Bank or an assignment of the entire remaining amount of the assigning Bank’s Commitment Revolving Loan Line Portion or Loans of any Class or TypeLoans, the amount of the Commitment Revolving Loan Line Portion or Loans of the assigning Bank subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 5,000,000 unless each of the Company and the Administrative Agent otherwise consent, provided that no such consent of the Company shall be required if an Event of Default under clause exists or a demand by the Required Banks for payment of and Cash Collateral (a), (fif applicable) or (g) of Section 9 hereof for any Loan Obligations has occurred and is continuingbeen made; (B) each partial assignment of any Class or Type of Commitments Revolving Loan Line Portion or Loans shall be made as an assignment of a proportionate part of all the assigning Bank’s rights and obligations under this Agreement in respect of such Class or Type of Commitments Revolving Loan Line Portion and Loans; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and AssumptionAssumption in substantially the form of Exhibit E hereto, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Credit Agreement (Empire Resources Inc /New/)

Certain Conditions to Assignments. Assignments shall be subject to the following additional conditions: : (A) except in the case of an assignment to a Bank Lender or an Affiliate of a Bank Lender or an assignment of the entire remaining amount of the assigning Bank▇▇▇▇▇▇’s Commitment or Loans and LC Exposure of any Class or Typea Class, the amount of the Commitment or Loans and LC Exposure of a Class of the assigning Bank Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $15,000,000 1,000,000 unless each of the Company Borrower and the Administrative Agent otherwise consent, ; provided that no such consent of the Company Borrower shall be required if a Default or an Event of Default under clause (a), (f) or (g) of Section 9 hereof has occurred and is continuing; ; (B) each partial assignment of any Class or Type of Commitments or Loans and LC Exposure of a Class shall be made as an assignment of a proportionate part of all the assigning BankLender’s rights and obligations under this Agreement in respect of such Class or Type of Commitments and LoansLoans and LC Exposure; (C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (D) the assignee, if it shall not already be a Bank, shall deliver to the Administrative Agent an Administrative Questionnaire.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Barings Capital Investment Corp)