Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant hereby agrees to sell, assign and delegate to each Assignee Participant and each Assignee Participant hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant under the Participation Agreement and the other Operative Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" opposite such Assignee Participant's name on Part A of Attachment I hereto. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I hereto (the "Assignment Effective Date"), which date shall be, unless Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Agent in accordance with Paragraph 3 hereof.
Appears in 1 contract
Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant hereby agrees to sell, assign and delegate to each Assignee Participant and each Assignee Participant hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant under the Participation Agreement and the other Operative Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" opposite such Assignee Participant's name on Part A of L-1 294 Attachment I hereto. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I hereto (the "Assignment Effective Date"), which date shall be, unless Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Agent in accordance with Paragraph 3 hereof.
Appears in 1 contract
Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant hereby agrees to sell, assign and delegate to each Assignee Participant and each Assignee Participant hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant under the Participation Agreement and the other Operative Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" opposite such Assignee Participant's name on Part A of Attachment I hereto. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of K-1 110 Attachment I hereto (the "Assignment Effective Date"), which date shall be, unless Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Agent in accordance with Paragraph 3 hereof.
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Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant hereby agrees to sell, assign and delegate to each Assignee Participant and each Assignee Participant hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant under the Participation Agreement and the other Operative Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share under each Facility set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" opposite such Assignee Participant's name on Part A of Attachment I hereto. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I hereto (the "Assignment Effective Date"), which date shall be, unless Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Agent in accordance with Paragraph 3 hereof.
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Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant Lender hereby agrees to sell, assign and delegate delegate, without recourse except to the extent of its representations and warranties expressly set forth herein, to each Assignee Participant Lender and each Assignee Participant Lender hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant Lender under the Participation Credit Agreement and the other Operative Credit Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage having Commitments and Proportionate Share Loans as set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" caption “Commitments or Loans Transferred” opposite such Assignee Participant's Lender’s name on Part A of Attachment I hereto1 hereto and corresponding Proportionate Shares. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I 1 hereto (the "“Assignment Effective Date"”), which date shall be, unless Administrative Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Administrative Agent in accordance with Paragraph 3 hereof.
Appears in 1 contract
Sources: Credit Agreement (Adobe Systems Inc)
Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant hereby agrees to sell, assign and delegate to each Assignee Participant and each Assignee Participant hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant under the Participation Agreement and the other Operative Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share under each Facility set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" opposite such Assignee Participant's name on Part A of Attachment I hereto. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I hereto (the "Assignment Effective Date"), which L-1 401 date shall be, unless Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Agent in accordance with Paragraph 3 hereof.
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Sale and Assignment. Subject to On the terms and subject to the conditions of this Assignment Agreement, Assignor Participant Lender hereby agrees to sell, assign and delegate to each Assignee Participant Lender and each Assignee Participant Lender hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant Lender under the Participation Credit Agreement and the other Operative Credit Documents equal to the Tranche A Percentagehaving a Revolving Loan Commitment (and related Loans and participations in L/C Obligations), Tranche B PercentageClosing Date Term Loan, Tranche C Percentage Incremental Term Loan and corresponding Proportionate Share Shares as set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" Column 1 opposite such Assignee Participant's Lender’s name on Part A of Attachment I hereto1 hereto (collectively, the “Assigned Interest”). Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I 1 hereto (the "“Assignment Effective Date"”), which date shall be, unless the Administrative Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to the Administrative Agent in accordance with Paragraph Section 3 hereof.
Appears in 1 contract
Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant hereby agrees to sell, assign and delegate to each Assignee Participant and each Assignee Participant hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant under the Participation Agreement and the other Operative Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share set forth under the captions "Tranche Percentages and Proportionate Shares Assigned" opposite such Assignee Participant's name on Part A of Attachment I hereto. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I hereto (the "Assignment Effective Date"), which date shall be, unless Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Agent in accordance with Paragraph 3 hereof.
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Sale and Assignment. Subject to the terms and conditions of this Assignment Agreement, Assignor Participant Lender hereby agrees to sell, assign and delegate delegate, without recourse except to the extent of its representations and warranties expressly set forth herein, to each Assignee Participant Lender and each Assignee Participant Lender hereby agrees to purchase, accept and assume the rights, obligations and duties of a Participant Lender under the Participation Credit Agreement and the other Operative Credit Documents equal to the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage having Commitments and Proportionate Share Loans as set forth under the captions caption "Tranche Percentages and Proportionate Shares AssignedCommitments or Loans Transferred" opposite such Assignee ParticipantLender's name on Part A of Attachment I hereto1 hereto and corresponding Proportionate Shares. Such sale, assignment and delegation shall become effective on the date L-1 277 designated in Part C of Attachment I 1 hereto (the "Assignment Effective Date"), which date shall be, unless Administrative Agent shall otherwise consent, at least five (5) Business Days after the date following the date counterparts of this Assignment Agreement are delivered to Administrative Agent in accordance with Paragraph 3 hereof.
Appears in 1 contract
Sources: Credit Agreement (Adobe Systems Inc)