Common use of Borrower Assignment Prohibited Clause in Contracts

Borrower Assignment Prohibited. Except in connection with transfers permitted pursuant to the Agreement, in no event shall Borrower assign or transfer any portion of this Note without the prior express written consent of the City, which consent may be given or withheld in the City’s sole discretion.

Appears in 6 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement, Affordable Housing Agreement

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Borrower Assignment Prohibited. Except in connection with transfers permitted pursuant to the Agreement, in In no event shall Borrower assign or transfer any portion of this Note Agreement or Borrower’s rights or obligations under the Agreement without the prior express written consent of the City, which consent may be given granted or withheld in the sole and absolute discretion of the City’s sole discretion.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Borrower Assignment Prohibited. Except in connection with transfers permitted pursuant to the Agreement, in In no event shall Borrower assign or transfer any portion of this Note without the prior express written consent of the City, which consent may shall not unreasonably be given or withheld in withheld, except pursuant to a transfer that is authorized under Section 1.5 of the City’s sole discretionAgreement.

Appears in 1 contract

Samples: Affordable Housing Agreement

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Borrower Assignment Prohibited. Except in connection with transfers permitted pursuant to the Agreement, in In no event shall Borrower assign or transfer any portion of this Promissory Note without the prior express written consent of the City, which consent may shall not unreasonably be given withheld, except pursuant to a transfer which is permitted or withheld in approved under the City’s sole discretionAgreement.

Appears in 1 contract

Samples: Lease and Operating Agreement

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