ASSIGNMENTS, PARTICIPATIONS definition

ASSIGNMENTS, PARTICIPATIONS. The Lenders may sell or assign their respective loans under the Subdebt Financing without the consent of the other Loan Parties. The Lenders may also sell participations in their respective loans under the Subdebt Financing without the consent of the other Loan Parties, provided that such participants shall be limited to customary voting rights.
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ASSIGNMENTS, PARTICIPATIONS. The Liquidity Providers may sell assignments under the 364-Day Liquidity Facility and 5-Year Liquidity Facility with the consent of the Company and the CLO Administrative Agent (such consents not to be unreasonably withheld, and which consent of the Company shall not be required (i) so long as a Default or Unmatured Default shall have occurred and is continuing and (ii) for any assignment to another Liquidity Provider or Lender or to an affiliate of a Liquidity Provider or Lender) or participations in their commitments under the Liquidity Facilities. Dissemination of information to potential assignees or participants shall be subject to execution of confidentiality agreements reasonably satisfactory to the Company. The assignor shall pay an assignment fee of $3,500 to the CLO Administrative Agent upon any assignment by a Liquidity Provider of its rights and obligations under the Liquidity Facilities (including, but not limited to, an assignment by a Liquidity Provider to another Liquidity Provider or Lender, but excluding any assignment by a Liquidity Provider to an affiliate of such Liquidity Provider) or such lesser amount as may be acceptable to the CLO Administrative Agent.
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ASSIGNMENTS, PARTICIPATIONS. Each member of the Bank Group shall have the right to assign or participate any portion of its commitment amount to other institutional lenders, provided that (i) with respect to assignments only, the Agent, and so long as no default has occurred and is continuing, the Borrower, shall have the right to approve any assignee, which approvals may not be unreasonably withheld, and (ii) each assignee and participant shall have a commitment amount of at least $2,500,000. No such assignment or participation shall entitle the purchaser to a greater payment than the seller would have been entitled to receive under the increased costs and tax provisions of the credit documentation.
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Examples of ASSIGNMENTS, PARTICIPATIONS in a sentence

  • Representations and Covenants Among Lenders 117 BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS Section 13.01.

  • BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS.........................................

  • BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS.................................

  • ASSIGNMENTS; PARTICIPATIONS ------------------------------------------------- .......................................................................................................50 12.1. Successors and Assigns.......................................................................50 ---------------------- 12.2. Participations...............................................................................50 -------------- 12.

  • ASSIGNMENTS; PARTICIPATIONS 43 Section 12.1. Assignments 43 Section 12.2. Participations 44 Section 12.3. Register 45 Section 12.4 Federal Reserve 45 ARTICLE XIII.

  • BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS................................................

  • ASSIGNMENTS, PARTICIPATIONS, ETC..............................61 SECTION 10.09.

  • ASSIGNMENTS; PARTICIPATIONS 34 Section 12.1 Assignments 34 Section 12.2 Participations 36 ARTICLE XIII.

  • ASSIGNMENTS; PARTICIPATIONS ------------------------------------------------- .......................................................................................................47 12.1. Successors and Assigns.......................................................................47 ---------------------- 12.2. Participations...............................................................................47 -------------- 12.

  • BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS Successors and Assigns.


More Definitions of ASSIGNMENTS, PARTICIPATIONS

ASSIGNMENTS, PARTICIPATIONS. On the terms as contemplated by the Commitment Letter and in the form attached as Annex III thereto.
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Related to ASSIGNMENTS, PARTICIPATIONS

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

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

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.