Common use of Funding Date Assignments Clause in Contracts

Funding Date Assignments. On the Funding Date, AgSouth will assign all of its Loans to AgFirst Farm Credit, ACA and CoBank. Accordingly, Schedule II contains the Commitment Amount both before and after giving effect to such assignments and Schedule III contains the administrative information of such assignees and not AgSouth.

Funding Date Assignments. On the Funding Date, AgSouth will assign all of its Loans to AgFirst Farm Credit, ACA Credit Bank and CoBank. Accordingly, Schedule II contains the Term Loan Commitment Amount both before and after giving effect to such assignments and Schedule III contains the administrative information of such assignees and not AgSouth.