Common use of Assignment by Bank Clause in Contracts

Assignment by Bank. The Bank may assign all or any part of its rights under this Agreement or under any of the other Security Documents to any other bank or financial institution (an “Assignee”) without the consent of the Borrowers.

Appears in 1 contract

Samples: Agreement (Top Tankers Inc.)

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Assignment by Bank. The Bank may assign all or any part of its rights under this Agreement or under any of the other Security Documents to any other bank or financial institution (an “Assignee”) without the consent of the BorrowersBorrowers (the Borrowers consenting to any such assignment by their execution of this Agreement).

Appears in 1 contract

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)

Assignment by Bank. The Bank may assign all or any part of its rights under this Agreement or under any of the other Security Documents to any other bank or financial institution (an “Assignee”) without after consultation with the consent Borrower except if the Assignee is a Related Company of the BorrowersBank in which case no such prior consultation is required.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

Assignment by Bank. The Bank may at any time assign all or any part of its rights under this Agreement or under any of the other Security Documents to any other bank or financial institution (an “Assignee”) without the consent of the Borrowers).

Appears in 1 contract

Samples: Junior Loan Agreement (FreeSeas Inc.)

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Assignment by Bank. The Bank may assign all or any part of its rights under this Agreement or under any of the other Security Documents to any other bank or financial institution (an "Assignee") without the consent of the BorrowersBorrower.

Appears in 1 contract

Samples: Agreement (Top Tankers Inc.)

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