Common use of Terms and Evidence of Assignment Clause in Contracts

Terms and Evidence of Assignment. Any assignment to any Eligible Assignee(s) pursuant to Section 1.2(c), 12.1(b) or 12.1(c) shall be upon such terms and conditions as the assigning Lender and the Administrative Agent, on the one hand, and the Eligible Assignee, on the other, may mutually agree, and shall be evidenced by such instrument(s) or document(s) as may be satisfactory to such Lender, the Administrative Agent and the Eligible Assignee(s). Any assignment made in accordance with the terms of this Article XII shall relieve the assigning Lender of its obligations, if any, under this Agreement (and, if applicable, the Liquidity Agreement) to the extent assigned.

Appears in 1 contract

Sources: Credit and Security Agreement (Quest Diagnostics Inc)

Terms and Evidence of Assignment. Any assignment to any Eligible Assignee(s) pursuant to Section 1.2(c), 12.1(b) or 12.1(c) shall be upon such terms and conditions as the assigning Lender and the Administrative Agent, on the one hand, and the Eligible Assignee, on the other, may mutually agree, and shall be evidenced by such instrument(s) or document(s) as may be satisfactory to such Lender, the Administrative Agent and the Eligible Assignee(s). Any assignment made in accordance with the terms of this Article XII shall relieve the assigning Lender of its obligations, if any, under this Agreement (and, if applicable, the Liquidity Agreement) to the extent assigned.

Appears in 1 contract

Sources: Credit and Security Agreement (Precision Castparts Corp)

Terms and Evidence of Assignment. Any assignment to any Eligible Assignee(s) pursuant to Section 1.2(c)SECTION 1.8, 12.1(b) or 12.1(c) shall be upon such terms and conditions as the -39- assigning Lender and the Administrative Agent, on the one hand, and the Eligible Assignee, on the other, may mutually agree, and shall be evidenced by such instrument(s) or document(s) as may be satisfactory to such Lender, the Administrative Agent and the Eligible Assignee(s). Any assignment made in accordance with the terms of this the Article XII shall relieve the assigning Lender of its obligations, if any, under this Agreement (and, if applicable, the Liquidity Agreement) to the extent assigned.

Appears in 1 contract

Sources: Credit and Security Agreement (Packaging Corp of America)

Terms and Evidence of Assignment. Any assignment to any Eligible Assignee(s) pursuant to Section SECTION 1.2(c), 12.1(b) or 12.1(c) shall be upon such terms and conditions as the assigning Lender and the Administrative Agent, on the one hand, and the Eligible Assignee, on the other, may mutually agree, and shall be evidenced by such instrument(s) or document(s) as may be satisfactory to such Lender, the Administrative Agent and the Eligible Assignee(s). Any assignment made in accordance with the terms of this Article ARTICLE XII shall relieve the assigning Lender of its obligations, if any, under this Agreement (and, if applicable, the Liquidity Agreement) to the extent assigned.

Appears in 1 contract

Sources: Credit and Security Agreement (Precision Castparts Corp)

Terms and Evidence of Assignment. Any assignment to any Eligible Assignee(s) pursuant to Section 1.2(c)SECTION 1.8, 12.1(b) or 12.1(c) shall be upon such terms and conditions as the assigning Lender and the Administrative its Co-Agent, on the one hand, and the Eligible Assignee, on the other, may mutually agree, and shall be evidenced by such instrument(s) or document(s) as may be satisfactory to such Lender, the Administrative its Co-Agent and the Eligible Assignee(s). Any assignment made in accordance with the terms of this the Article XII shall relieve the assigning Lender of its obligations, if any, under this Agreement (and, if applicable, the its Liquidity Agreement) to the extent assigned.

Appears in 1 contract

Sources: Credit and Security Agreement (Interim Services Inc)

Terms and Evidence of Assignment. Any assignment to any Eligible Liquidity Assignee(s) pursuant to Section 1.2(c)1.8, 12.1(b) or 12.1(c) shall be upon such terms and conditions as the assigning Lender and the Administrative AgentAdministrator, on the one hand, and the Eligible Liquidity Assignee, on the other, may mutually agree, and shall be evidenced by such instrument(s) or document(s) as may be satisfactory to such the Lender, the Administrative Agent Administrator and the Eligible Liquidity Assignee(s). Any assignment made in accordance with the terms of this the Article XII shall relieve the assigning Lender of its obligations, if any, under this Agreement (and, if applicable, the Liquidity Agreement) to the extent assigned.

Appears in 1 contract

Sources: Credit and Security Agreement (Lanier Worldwide Inc)