Master Assignment Clause Samples

Master Assignment. The Replacement Lender shall have executed and delivered the Master Assignment contemplated by Section II above and all conditions to the consummation of the assignments in accordance with Section II above shall have been satisfied and such assignments shall have been consummated.

Master Assignment. The Lenders have agreed among themselves to reallocate the Commitments. Each Lender whose Pro Rata Share is decreasing in connection herewith is an “Assignor” (collectively, the “Assignors”) and each Lender whose Pro Rata Share is increasing in connection herewith is an “Assignee” (collectively, the “Assignees”). The assignments by each Assignor necessary to effect the reallocation of the Commitments and the assumptions by each Assignee necessary for such Assignee to acquire its respective interest are hereby consummated pursuant to the terms and provisions of this Section 2 of this Agreement and Section 10.7 of the Credit Agreement, and the Borrower, the Administrative Agent, the Issuing Lender, each Assignor, and each Assignee hereby consummates such assignment and assumption pursuant to the terms, provisions, and representations of the Form of Assignment and Assumption attached as Exhibit A to the Credit Agreement as if each of them had executed and delivered an Assignment and Assumption (with the Effective Date, as defined therein, being the Effective Date hereof). On the Effective Date, and after giving effect to such assignments and assumptions, the Commitments and Pro Rata Shares of the Lenders shall be as set forth on Schedule I of the Credit Agreement, as amended by this Agreement. Each Lender hereby consents and agrees to the Commitment and Pro Rata Share as set forth opposite such Lender’s name on Schedule I to the Credit Agreement, as amended by this Agreement. Each of the Administrative Agent, the Issuing Lender, and the Borrower hereby consents to the reallocation of the Commitments as set forth on Schedule I of the Credit Agreement, as amended by this Agreement. With respect to the foregoing assignments and assumptions, in the event of any conflict between this Section 2 and Section 10.7 of the Credit Agreement, Section 2 of this Agreement shall control.

Master Assignment. The Lenders have agreed among themselves to reallocate the Commitments. Each of the Administrative Agent and the Borrower hereby consents to the reallocation of the Commitments. The assignments by each Lender whose Pro Rata Share of the Commitments is decreasing in connection herewith (each an “Assignor” and, collectively, the “Assignors”) necessary to effect the reallocation of the Commitments and the assumptions by each Lender whose Pro Rata Share of the Commitments is increasing in connection herewith (each an “Assignee” and, collectively, the “Assignees”) necessary for such Assignee to acquire its respective interest are hereby consummated pursuant to the terms and provisions of this Section 2 of this Agreement and Section 9.7 of the Credit Agreement, and the Borrower, the Administrative Agent, each Assignor and each Assignee, hereby consummates such assignment and assumption pursuant to the terms, provisions and representations of the Assignment and Assumption attached as Exhibit A to the Credit Agreement as if each of them had executed and delivered an Assignment and Assumption (with the Effective Date, as defined therein, being the Effective Date hereof). On the Effective Date and after giving effect to such assignments and assumptions, the Commitments of each Assignor and each Assignee shall be as set forth on Schedule I of the Credit Agreement, as amended by this Agreement. Each Lender hereby consents and agrees to the Commitments as set forth opposite such Lender’s name on Schedule I to the Credit Agreement, as amended by this Agreement. With respect to the foregoing assignments and assumptions, in the event of any conflict between this Section 2 of this Agreement and Section 9.7 of the Credit Agreement, this Section 2 of this Agreement shall control.

Master Assignment. The Administrative Agent shall have received the Master Assignment, duly executed by each party thereto.

Master Assignment. The Administrative Agent shall have received counterparts of the Master Assignment signed on behalf of each party thereto.

Master Assignment. In lieu of executing and delivering an Assignment and Assumption, each Existing Lender whose Pro Rata Share of the Commitments is decreasing in connection herewith (each an “Assignor” and, collectively, the “Assignors”) and each Existing Lender whose Pro Rata Share of the Commitments is increasing in connection herewith (together with the New Lenders, each an “Assignee” and, collectively, the “Assignees”) hereby agree to, and Borrower hereby accepts, the following:

Master Assignment. 56 SECTION 5.4 NOTES............................................................56 SECTION 5.5 SECOND AMENDMENT TO COLLATERAL DOCUMENTS.........................56 SECTION 5.6

Master Assignment. Under the Agreement on the Closing Date, the current Revolving Loan Commitments, Acquisition Loan Commitments and Term Loans of the Lenders equal the amounts set forth opposite the Lenders' names on EXHIBIT B. First Chicago and LaSalle National Bank (collectively, the "ORIGINAL LENDERS") have indicated their desire to sell and assign a portion of their interests in their Revolving Loan Commitments, outstanding Revolving Loans, Acquisition Loan Commitments, outstanding Acquisition Loans, Term Loans and other Obligations effective on the Commitment Increase Date and to increase their Commitments as reflected on EXHIBIT B. Each of the additional Lenders (the "ASSIGNEES") has indicated a willingness to purchase and assume an undivided percentage interest in the Original Lenders' Revolving Loan Commitments, outstanding Revolving Loans, Acquisition Loan Commitments, outstanding Acquisition Loans, Term Loans and other Obligations in an amount and percentage necessary so that, upon such purchase, each of the Assignees' Revolving Loan Commitments (and the corresponding rights and obligations with respect to Letters of Credit), Pro Rata Shares and Term Loans shall equal the amounts set forth on EXHIBIT B under the headings relating to after Commitment Increase Date and each such Assignees' and Original Lenders outstanding Obligations shall be allocated ratably, according to its new Pro Rata Share. To effect such assignment and assumption, the parties hereto agree as follows:

Master Assignment. The Administrative Agent shall have received the Master Assignment, dated as of the Second Restatement Date, duly executed by each of the parties thereto, and the Master Assignment shall have become effective in accordance with its terms.