Common use of Conditions of assignment or transfer Clause in Contracts

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must ensure that at all times its Overall Commitment is not less than: (a) its Swingline Commitment; or (b) if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 9 contracts

Sources: Syndicated Revolving Credit Agreement (Ibasis Inc), Credit Facility Agreement (PPG Industries Inc), Syndicated Revolving Credit Agreement (Koninklijke KPN N V)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must shall ensure that at all times its Overall Commitment is not less than: (a) 7.8.1 its Swingline Commitment; or (b) 7.8.2 if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 5 contracts

Sources: Facility Agreement (Shire Ltd.), Syndication and Amendment Agreement (Shire PLC), Facilities Agreement (Shire Pharmaceuticals Group PLC)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must shall ensure that at all times its Overall Commitment is not less than: (a) its Swingline Commitment; or (b) if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 4 contracts

Sources: Amendment Agreement (BHP Billiton PLC), Multicurrency Term and Revolving Facilities and Subscription Agreement (BHP Billiton LTD), Facility Agreement (Rio Tinto PLC)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Swingline Lender must shall ensure that at all times its Overall Commitment is not less than: (a) its Swingline Commitment; or (b) if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 2 contracts

Sources: Credit Facility Agreement (Lafarge), Credit Facility Agreement (Lafarge)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must shall ensure that at all times its (or the Lender's of which it is an Affiliate) Overall Commitment is not less than: (a) its Swingline Commitment; or (b) if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 1 contract

Sources: Facility Agreement (Linde PLC)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must shall ensure that at all times its Overall Commitment is not less than: (a) 7.7.1 its Swingline Commitment; or (b) 7.7.2 if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (WPP Group PLC)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must shall ensure that at all times its Overall Revolving Commitment is not less than: (a) 7.7.1 its Swingline Commitment; or (b) 7.7.2 if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 1 contract

Sources: Revolving Credit Facilities Agreement (WPP PLC)

Conditions of assignment or transfer. Notwithstanding any other term of this Agreement, each Lender must shall ensure that at all times the aggregate of its Overall Commitment is not less than: (a) its Swingline Commitment; or (b) if it does not have a Swingline Commitment, the Swingline Commitment of a Lender which is its Affiliate.

Appears in 1 contract

Sources: Facility and Subscription Agreement (BHP Billiton PLC)