Common use of Assignment by the Borrower Clause in Contracts

Assignment by the Borrower. The Borrowers and any other Security Party may not assign and/or transfer any rights and obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents without the prior written consent of the Bank, at its discretion.

Appears in 2 contracts

Samples: Facility Agreement (Omega Navigation Enterprises, Inc.), Facility Agreement (Omega Navigation Enterprises, Inc.)

AutoNDA by SimpleDocs

Assignment by the Borrower. The Borrowers Borrower and any other parties to the Security Party Documents may not assign and/or transfer any rights and and/or obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents without the prior written consent of the Bank, at its discretion.

Appears in 2 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

AutoNDA by SimpleDocs

Assignment by the Borrower. The Borrowers Borrower and any other Security Party Parties may not assign and/or transfer any rights and obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents without the prior written consent of the Bank at the Bank, at its 's discretion.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!