The Assignor. (i) represents and warrants that as of the date hereof the aggregate outstanding principal amount of its share of the Loans owing to it (without giving effect to assignments thereof which have not yet become effective) is $ ; (ii) represents and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vi) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; and (vii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or the performance or observance by the Borrower of any of its obligations under the Credit Agreement or the other Loan Documents or any other instrument or document furnished pursuant thereto. Except as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Eop Operating LTD Partnership), Credit Agreement (Equity Office Properties Trust), Revolving Credit Agreement (Eop Operating LTD Partnership)
The Assignor. (i) represents and warrants that as of the date hereof the aggregate outstanding principal amount of its share of the Loans owing to it (without giving effect to assignments thereof which have not yet become effective) is $ $___; (ii) represents and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the executionexecu- tion, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vi) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; and (vii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or the performance or observance by the Borrower of any of its obligations under the Credit Agreement or the other Loan Documents or any other instrument or document furnished pursuant thereto. Except as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.
Appears in 2 contracts
Sources: Credit Agreement (Eop Operating LTD Partnership), Credit Agreement (Equity Office Properties Trust)
The Assignor. (ia) represents and warrants that as of the date hereof hereof, its Applicable Percentage of the aggregate outstanding principal amount of its share of the Loans owing to it Term Loan (without giving effect to assignments thereof which have not yet become effective) is $ ; (ii) represents %, and warrants that it is the legal and beneficial owner unpaid principal balance of the interests being assigned Term Loan outstanding under the Note held by it hereunder and that such interests are free and clear of the Assignor (unreduced by any adverse claim; assignments thereof which have not yet become effective) is $ ;
(iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vib) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Term Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; , other than that the Assignor is the legal and beneficial owner of the interest being assigned by it hereunder, that such interest is free and clear of any adverse claim, and that it is legally authorized to enter into this Assignment and Acceptance;
(viic) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower Borrower, any other Loan Party, Green Park or any other Person which may be primarily or secondarily liable in respect of any of the Obligations or any of their obligations, or the performance or observance by the Borrower Borrower, any other Loan Party, Green Park, or any other Person primarily or secondarily liable in respect of any of its obligations the Obligations under any of the Credit Agreement or the other Loan Documents or obligations under any other instrument or document furnished delivered or executed pursuant thereto. Except ; and
(d) attaches the Note delivered to it under the Credit Agreement and requests that the Borrower exchange such Note for a new Note payable to each of the Assignor and the Assignee as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.follows: Assignor $ Assignee $
Appears in 1 contract
The Assignor. (ia) represents and warrants that (i) it is legally authorized to enter into this Assignment and Acceptance, (ii) as of the date hereof hereof, its Commitment is $__________, its Commitment Percentage is ________%, the aggregate outstanding principal amount balance of its share Loans equals $__________, the aggregate Maximum Drawing Amount of all outstanding Letters of Credit equals $________, and the Loans owing aggregate Unpaid Reimbursement Obligations equals $____ , (in each case after giving effect to it (the assignment contemplated hereby but without giving effect to any contemplated assignments thereof which have not yet become effective) is $ ; (ii) represents ), and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has immediately after giving effect to all assignments which have not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained foryet become effective, the executionAssignor's Commitment Percentage will be sufficient to give effect to this Assignment and Acceptance, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vib) makes no representation or warranty warranty, express or implied, and assumes no responsibility with respect to any statements, warranties warranties, or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, Agreement or any of the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency sufficiency, or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant theretothereto or the attachment, perfection, or priority of any Lien, other than that it is the legal and beneficial owner of the interest being assigned by it hereunder free and clear of any Lien; and (viic) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower Borrower, any other obligor, or any other Person primarily or secondarily liable in respect of any of the Obligations, or the performance or observance by the Borrower Borrower, any other obligor, or any other Person primarily or secondarily liable in respect of any of the Obligations of any of its obligations under the Credit Agreement or any of the other Loan Documents or any other instrument or document furnished delivered or executed pursuant thereto; and (d) attaches hereto the Notes delivered to it under the Credit Agreement. Except The Assignor requests that the Borrower exchange the Assignor's Notes for new Notes payable to the Assignor and the Assignee as specifically set forth in this Paragraph 2, this assignment shall be without recourse follows: Amount of Notes Payable to Assignor.Competitive [Amount of the Order of: Amount of Note Bid Rate Note Swing Loan Note Assignor $____________ $____________ $____________ Assignee $____________ $____________ $____________]
Appears in 1 contract
Sources: Revolving Credit Agreement (Alliance Capital Management Lp)
The Assignor. (ia) represents and warrants that as of the date hereof hereof, its Applicable Percentage of the aggregate outstanding principal amount of its share of the Loans owing to it Term Loan (without giving effect to assignments thereof which have not yet become effective) is $ ; (ii) represents %, and warrants that it is the legal and beneficial owner unpaid principal balance of the interests being assigned Term Loan outstanding under the Note held by it hereunder and that such interests are free and clear of the Assignor (unreduced by any adverse claim; assignments thereof which have not yet become effective) is $ ;
(iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vib) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Term Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; , other than that the Assignor is the legal and beneficial owner of the interest being assigned by it hereunder, that such interest is free and clear of any adverse claim, and that it is legally authorized to enter into this Assignment and Acceptance;
(viic) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower Borrower, any other Loan Party or any other Person which may be primarily or secondarily liable in respect of any of the Obligations or any of their obligations, or the performance or observance by the Borrower Borrower, any other Loan Party, or any other Person primarily or secondarily liable in respect of any of its obligations the Obligations under any of the Credit Agreement or the other Loan Documents or obligations under any other instrument or document furnished delivered or executed pursuant thereto. Except ; and
(d) attaches the Note delivered to it under the Credit Agreement and requests that the Borrower exchange such Note for a new Note payable to each of the Assignor and the Assignee as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.follows: Assignor $ Assignee $
Appears in 1 contract
The Assignor. (ia) represents and warrants that this assignment is being made in conformity with the Credit Agreement and as of the date hereof the aggregate outstanding principal amount of its share of the Loans owing to it Commitment (without giving effect to assignments thereof which have not yet become effective) is $ ; $_________, the outstanding aggregate principal balance of its Loans (iiwithout giving effect to assignments thereof which have not yet become effective) is $_________ and the outstanding aggregate principal amount of its participation interests in Letters of Credit (without giving effect to assignments thereof which have not yet become effective) is $_________, and (b) makes no representation or warranty and assumes no responsibility (i) with respect to any statements, warranties or representations made in or in connection with the Credit Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, the Note or any other instrument or document furnished thereunder or pursuant thereto, except that it represents and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliverclaims, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (vii) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vi) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; and (vii) makes no representation or warranty and assumes no responsibility with respect to the financial condition position of the Borrower or its Subsidiaries or the performance or observance by the Borrower of or any of its Subsidiaries of _____________________ /1/ Insert legal name of assigning Lender. /2/ Insert legal name of financial institution to which the Assignor is assigning its rights and obligations. any of their respective obligations under the Credit Agreement or the other Loan Documents Note or any other instrument or document furnished thereunder or pursuant thereto. Except as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.
Appears in 1 contract
Sources: Credit Agreement (Synbiotics Corp)
The Assignor. (i) represents and warrants that as of the date hereof hereof, its Revolving Commitment is $_____________, the aggregate outstanding principal amount balance of its share Revolving Loans is $_____________ and its participations in Letter of the Loans owing to it Credit Liabilities is $________ (without giving effect to all as unreduced by any assignments thereof which have not yet become effective) is $ ); (ii) represents and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vi) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, Agreement or the any other Loan Documents Document or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents Agreement or any other instrument or document furnished pursuant theretoLoan Document, other than that it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim; and (viiiii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or any Obligated Party or the performance or observance by the Borrower or any Obligated Party of any of its their obligations under the Credit Agreement or the other Loan Documents or any other instrument or document furnished Loan Document; and (iv) attaches the Revolving Note held by Assignor and requests that the Agent exchange such Revolving Note for new Revolving Notes payable to the order of (A) Assignee in amounts equal to the ASSIGNMENT AND ACCEPTANCE - Page 1 92 Revolving Commitments assumed by the Assignee pursuant thereto. Except hereto and the outstanding principal amount of the Revolving Loans assigned to Assignee pursuant hereto, as specifically set forth applicable, and (B) the Assignor in this Paragraph 2amounts equal to the Revolving Commitments and Revolving Loans retained by the Assignor under the Credit Agreement, this assignment shall be without recourse to Assignoras specified above.
Appears in 1 contract
The Assignor. (i) represents and warrants that as of the date hereof the aggregate outstanding principal amount of its share of the Loans owing to it (without giving effect to assignments thereof which have not yet become effective) is $ _______; (ii) represents and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has not received any notice of Default or Event of Default from the BorrowerAdministrative Agent; (iv) represents and warrants that is it has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vi) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; and (vii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or the performance or observance by the Borrower of any of its obligations under the Credit Agreement or the other Loan Documents or any other instrument or document furnished pursuant thereto. Except as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.
Appears in 1 contract
The Assignor. (i) represents and warrants that as of the date hereof the aggregate outstanding principal amount of its share of the Loans owing to it (without giving effect to assignments thereof which have not yet become effective) is $ $___; (ii) represents and warrants that it is the legal and beneficial owner of the interests being assigned by it hereunder and that such interests are free and clear of any adverse claim; (iii) represents and warrants that it has not received any notice of Default or Event of Default from the Borrower; (iv) represents and warrants that is has full power and authority to execute and deliver, and perform under, this Transfer Supplement, and all necessary corporate and/or partnership action has been taken to authorize, and all approvals and consents have been obtained for, the execution, delivery and performance thereof; (v) represents and warrants that this Transfer Supplement constitutes its legal, valid and binding obligation enforceable in accordance with its terms; (vi) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations (or the truthfulness or accuracy thereof) made in or in connection with the Credit Agreement, or the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, or the other Loan Documents or any other instrument or document furnished pursuant thereto; and (vii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or the performance or observance by the Borrower of any of its obligations under the Credit Agreement or the other Loan Documents or any other instrument or document furnished pursuant thereto. Except as specifically set forth in this Paragraph 2, this assignment shall be without recourse to Assignor.
Appears in 1 contract