Assignments and Participations definition

Assignments and Participations. As set forth in the Existing Credit Agreement.
Assignments and Participations. Permitted by Lender without prior written notice to the Borrower. Not permitted by Borrower Expenses: Typical expenses of the Lender are reimbursed by Borrower, including without limitation, attorneys' fees, costs and expenses.
Assignments and Participations. Same as Existing Credit Agreement. Expenses and Indemnification: Same as Existing Credit Agreement.

Examples of Assignments and Participations in a sentence

  • This Section 2.7(b) and Section 11.2 (Assignments and Participations) shall be construed so that the Loans and drawn Letters of Credit are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related regulations (or any successor provisions of the Code or such regulations).

  • This Section 2.7(b) and Section 11.2 (Assignments and Participations) shall be construed so that the Loans and Reimbursement Obligations are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related regulations (or any successor provisions of the Code or such regulations).

  • Assignments and Participations...................................

  • Assignments and Participations.......................................

  • Assignments and Participations.................................................

  • This Section 2.6(b) and Section 10.2 (Assignments and Participations) shall be construed so that the Loans and drawn Letters of Credit are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related regulations (or any successor provisions of the Code or such regulations).

  • Each Lender may transfer by novation all or any of its rights and obligations under the Finance Documents or assign all or any such rights or sell participations in its portion of the Loan or grant security over its rights under the Finance Documents to one or more other Persons in accordance with this Clause 13.11 (Lender Transfers, Assignments and Participations).

  • Any Affiliated Lender that has committed to providing New Incremental Term Loans or Refinancing Loans shall be subject to the same restrictions set forth in Section 11.2(j) (Assignments and Participations) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

  • Each Lender may transfer by novation all or any of its rights and obligations under the Finance Documents or assign all or any such rights or sell participations in its portion of any part of the Loan or grant security over its rights under the Finance Documents to one or more other Persons in accordance with this Clause 13.11 (Lender Transfers, Assignments and Participations).

  • Assignments and Participations: Each Bridge Lender will be permitted to make assignments in minimum amounts to be agreed to other entities approved by the Administrative Agent, which approval shall not be unreasonably withheld or delayed; provided, however, that no such approval shall be required in connection with assignments to other Bridge Lenders or any of their affiliates.


More Definitions of Assignments and Participations

Assignments and Participations. The DIP Lenders would be allowed to assign and sell participations in the Facility and unused commitments under the Facility. In the case of partial assignments (other than to another DIP Lender or an affiliate of a DIP Lender), the minimum assignment amount would be $1,000,000. The DIP Lenders would be allowed to sell participations in their loans, provided that such participations would be in a minimum amount of $1,000,000 and subject to customary limitations on the granting of voting rights to participants.
Assignments and Participations. The Lenders shall be permitted to assign and sell participations in their Loans and commitments, subject, in the case of assignments (other than to another Lender or to an affiliate of a Lender), to the consent only of the Administrative Agent, the Issuing Lender and the Swing Line Lenders and, in the case of any assignment of Commitments, of the Borrower (which consent shall not be unreasonably withheld or delayed). Assignments to a Federal Reserve Bank permitted without consent. Non-pro rata assignments shall be permitted. In the case of partial assignments (other than to another Lender or to an affiliate of a Lender), the minimum assignment amount shall be $5,000,000 unless otherwise agreed by the Borrower and the Administrative Agent. Participants shall have the same benefits as the Lenders with respect to yield protection and increased cost provisions, so long as the claim made by a participant shall not exceed the amounts that could have been made by the Lender that sold such participation. Voting rights of participants shall be limited to those matters with respect to which the affirmative vote of 100% of the Lenders would be required. Pledges of Loans in accordance with applicable law shall be permitted without restriction.
Assignments and Participations. Each assignment (unless to another Lender or its affiliates) shall be in a minimum amount of $1.0 million (unless Borrower and the Lead Arranger otherwise consent or unless the assigning Lender's exposure is thereby reduced to $0). Assignments shall be permitted with ▇▇▇▇▇▇▇▇'s and the Lead Arranger's consent (such consent not to be unreasonably withheld, delayed or conditioned), except that no such consent of Borrower need be obtained to effect an assignment to any Lender (or its affiliates) or if any default or event of default has occurred and is continuing for any assignment by ▇▇▇▇▇▇▇ ▇▇▇▇▇ and BAB or any of their respective affiliates. Participations shall be permitted without restriction. Voting rights of participants will be subject to customary limitations.
Assignments and Participations. Revolving Credit Facility Assignments: No change to Existing Credit Agreement.
Assignments and Participations. As set forth in the Term B Facility Documentation (as modified to incorporate the applicable provisions for a revolving credit facility consistent with the Documentation Precedent).

Related to Assignments and Participations

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Assignments Each as defined in Section 2.01(c).

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participations shall have the meaning set forth in Section 13.1 hereof.