Borrower Assignment Sample Clauses

Borrower Assignment. No Borrower shall assign this Agreement or any of its rights or obligations hereunder without the prior written consent of Agent and the Lenders, and any assignment in contravention of the foregoing shall be absolutely null and void.
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Borrower Assignment. None of the Borrowers shall assign this Agreement or any of its rights or obligations hereunder without the prior written consent of the Agent and the Lenders.
Borrower Assignment. Neither the Funds Administrator nor any of the other Credit Parties shall have any right to assign this Credit Agreement or any of the other Credit Documents, or any rights or obligations hereunder or thereunder, without the prior written consent of the Agent and the Lenders.
Borrower Assignment. The Borrower shall have no right to assign this Credit Agreement, or any rights or obligations hereunder, without the prior written consent of the Agent and the Lenders.
Borrower Assignment. The Borrower shall not assign this Agreement or any of its rights or obligations hereunder without the prior written consent of the Agent and the Required Lenders, which they may withhold in their sole discretion.
Borrower Assignment. The Borrower shall not assign this Agreement or any of the Credit Documents, or any rights or obligations hereunder, without the prior written consent of the Agent. (b)
Borrower Assignment. Neither the Borrower nor any other Credit Party shall have the right to assign its rights or delegate its duties under this Agreement or any other Credit Document or any interest in this Agreement or any other Credit Document without the prior written consent of each Lender.
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Borrower Assignment. Pursuant to and in accordance with Section 10.06(g) of the Credit Agreement, for an agreed consideration, the Initial Borrower hereby irrevocably assigns to the New Borrower, and the New Borrower hereby irrevocably assumes from the Initial Borrower, as of the Effective Date all of the debts, liabilities, obligations, covenants and duties of the Initial Borrower arising under the Loan Documents or otherwise with respect to any Advance or Letter of Credit. The New Borrower hereby becomes the “Borrower” for all purposes under the Credit Agreement and the other Loan Documents.
Borrower Assignment. Borrower may not convey, assign, mortgage, pledge, transfer, hypothecate, encumber or otherwise dispose of its rights or obligations under this Agreement, the Related Documents, or the Project (except as provided in the Deed of Trust) without the prior written consent of Bank. A breach of this provision, directly or indirectly, shall be an Event of Default under this Agreement and shall not vest any rights in the purported transferee.
Borrower Assignment. Borrower represents and warrants to Lender that the insurance policy(ies) set forth herein, or a binder for such policy(ies), has been issued to Borrower and is (or are) in full force and effect, and that there has been no assignment of any interest in the insurance policy(ies) except for the assignment to Lender provided herein. Xxxxxxxx agrees that Xxxxxx may assign this Agreement without notice to Borrower and in such event this Agreement shall inure to the benefit of and be binding to such assignee.
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