Example ContractsClausesassigneeIdentical
Assignee
Assignee contract clause examples

Assignee. The Assignee # represents and warrants that # it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Bank under the Loan Agreement, # it meets all requirements of an eligible Assignee under [Section 9.09] of the Loan Agreement (subject to receipt of such consents as may be required under the Loan Agreement), # from and after the Effective Date, it shall be bound by the provisions of the Loan Agreement as a Bank thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Bank thereunder, # it has received a copy of the Loan Agreement, together with copies of the most recent financial statements delivered pursuant to [Section 6.01(a)] thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Bank, and # if it is a Foreign Bank, attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Loan Agreement, duly completed and executed by the Assignee; and # agrees that # it will, independently and without reliance on the Administrative Agent, the Assignor or any other Bank, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Transaction Documents, and # it will perform in accordance with their terms all of the obligations that by the terms of the Transaction Documents are required to be performed by it as a Bank.

SPIRE INC (SR, SR-PA) (CIK 0001126956)
Source: SEC EDGAR database • Date: March 23, 2021 • SIC: 4924 • CIK: 4924

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