Common use of Divisions Clause in Contracts

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 36 contracts

Sources: Credit Agreement (Blue Owl Capital Inc.), Revolving Credit Agreement (Amneal Pharmaceuticals, Inc.), Credit Agreement (Pepsico Inc)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 15 contracts

Sources: Credit Agreement (MSC Industrial Direct Co Inc), Credit Agreement (Eagle Materials Inc), Margin Loan Agreement (Liberty Broadband Corp)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 8 contracts

Sources: Credit Agreement (Pattern Group Inc.), Credit Agreement (Pattern Group Inc.), Credit Agreement (Pattern Group Inc.)

Divisions. For all purposes under the Loan Credit Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 8 contracts

Sources: Revolving Credit Agreement (Atmos Energy Corp), Revolving Credit Agreement (Atmos Energy Corp), Term Loan Agreement (Atmos Energy Corp)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person Restricted Subsidiary becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person such Restricted Subsidiary to the subsequent Person.

Appears in 6 contracts

Sources: Credit Agreement (CCC Intelligent Solutions Holdings Inc.), Credit Agreement (CCC Intelligent Solutions Holdings Inc.), Credit Agreement (CCC Intelligent Solutions Holdings Inc.)

Divisions. For all purposes under the Loan Documentsthis Agreement, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and

Appears in 3 contracts

Sources: Second Amended and Restated Second Lien Credit Agreement (Beneficient), Credit Agreement (Beneficient), Credit Agreement (GWG Holdings, Inc.)

Divisions. For all purposes under the Loan Documentsthis Agreement, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 3 contracts

Sources: Credit Agreement (Tradeweb Markets Inc.), Credit Agreement (Mirae Asset Discovery Funds), Credit Agreement (Mirae Asset Discovery Funds)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and

Appears in 3 contracts

Sources: Credit Agreement (PACIFIC GAS & ELECTRIC Co), Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (DiamondRock Hospitality Co)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person).

Appears in 3 contracts

Sources: Credit Agreement (Pepsico Inc), Credit Agreement (Pepsico Inc), Credit Agreement (Pepsico Inc)

Divisions. For all purposes under the Loan Transaction Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 3 contracts

Sources: Credit and Security Agreement (Bausch Health Companies Inc.), Credit and Security Agreement (Tempur Sealy International, Inc.), Receivables Purchase Agreement (EnerSys)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (b) if any new Person comes into existence,

Appears in 2 contracts

Sources: Credit Agreement (Nautilus, Inc.), Credit Agreement (Graco Inc)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.subsequent

Appears in 2 contracts

Sources: Credit Agreement (Rent the Runway, Inc.), Credit Agreement (Rent the Runway, Inc.)

Divisions. For all purposes under the Loan Transaction Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.. 

Appears in 1 contract

Sources: Receivables Purchase Agreement (MSC Industrial Direct Co Inc)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (b) if any new Person comes 68

Appears in 1 contract

Sources: Abl Credit Agreement (Rent a Center Inc De)

Divisions. For all purposes under the Loan Related Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 1 contract

Sources: Note Purchase Agreement (Planet Fitness, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law law’ (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (b) if any new Person comes into existence, such new Person shall be deemed to have

Appears in 1 contract

Sources: Credit Agreement (Aspen Technology, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division Division or plan of division under Delaware law Law (or any comparable event under a different jurisdiction’s laws), Laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (b) if any new Person comes into 25

Appears in 1 contract

Sources: Loan Agreement (Newtek Business Services Corp.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.. ARTICLE II

Appears in 1 contract

Sources: Credit Agreement (Louisiana-Pacific Corp)

Divisions. For all purposes under the Loan Credit Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 1 contract

Sources: Credit Agreement (Healing Co Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), (i) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.transferred

Appears in 1 contract

Sources: Credit Agreement (Sterling Infrastructure, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then than it shall be deemed to have been transferred from the original Person to the subsequent Person., and

Appears in 1 contract

Sources: Credit Agreement (Evi Industries, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.744209099 20664705

Appears in 1 contract

Sources: Credit Agreement (AssetMark Financial Holdings, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and LEGAL02/40926073v6

Appears in 1 contract

Sources: Credit Agreement (Elme Communities)

Divisions. For all purposes under the Loan Documents, in connection with any division Division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.31 ▇▇▇▇-▇▇▇▇-▇▇▇▇.14875-3923-5757.8

Appears in 1 contract

Sources: Credit Agreement (Oglethorpe Power Corp)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (b)

Appears in 1 contract

Sources: First Amendment to Sixth Amended and Restated Credit Agreement (DiamondRock Hospitality Co)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (i) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (ii) if any new Person comes into existence,

Appears in 1 contract

Sources: Credit Agreement (Xeris Biopharma Holdings, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.transferred

Appears in 1 contract

Sources: Credit Agreement and Guaranty (IsoPlexis Corp)

Divisions. For all purposes under the Loan Transaction Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s jurisdiction‘s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 1 contract

Sources: Credit and Security Agreement (Bausch Health Companies Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of or division under Delaware law (or any comparable event under a different jurisdiction’s laws), law) if any asset, right, obligation or liability of on any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 1 contract

Sources: Credit Agreement (International Seaways, Inc.)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.from

Appears in 1 contract

Sources: Credit Agreement (Westinghouse Air Brake Technologies Corp)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.the

Appears in 1 contract

Sources: Credit Agreement (Vector Group LTD)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and xliii

Appears in 1 contract

Sources: Term Loan Credit Agreement (PACIFIC GAS & ELECTRIC Co)

Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person., and (b) if any new Person comes into 34

Appears in 1 contract

Sources: Revolving Credit Agreement (Tech Data Corp)

Divisions. For all purposes under the Loan Credit Documents, in connection with any division Division/Series Transaction or plan of or division under Delaware law (or any comparable event under a different jurisdiction’s laws), law) if any asset, right, obligation or liability of on any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.

Appears in 1 contract

Sources: Credit Agreement (Diamond S Shipping Inc.)

Divisions. For all purposes under this Agreement and the other Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws), ): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.44

Appears in 1 contract

Sources: Loan and Security Agreement (Veeco Instruments Inc)