Common use of Limitations on Assignment Clause in Contracts

Limitations on Assignment. Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the Property or other Collateral or any interest therein without the prior written consent of Lender in each instance.

Appears in 3 contracts

Samples: Loan Agreement (Worksport LTD), Loan Agreement (Unitil Corp), Loan Agreement (Westwood Group Inc)

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Limitations on Assignment. Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the Property or other Collateral or any interest therein without the prior written consent of Lender Administrative Agent and the Required Lenders in each instance.

Appears in 3 contracts

Samples: Term Loan Agreement (Hines Real Estate Investment Trust Inc), Term Loan Agreement (Hines Real Estate Investment Trust Inc), Credit Agreement (Hines Real Estate Investment Trust Inc)

Limitations on Assignment. Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the Property or other Collateral or any interest therein or in Borrower or permit to occur any assignment or encumbrance of any interest in Guarantor or of Guarantor’s right to receive investor funds without the prior written consent of Lender the Lender, acting in its sole discretion, in each instance.

Appears in 1 contract

Samples: Loan Agreement (Sonesta International Hotels Corp)

Limitations on Assignment. Except with respect to any Permitted Transaction, Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the Property or other Collateral or any interest therein without the prior written consent of the Lender in each instance.

Appears in 1 contract

Samples: Loan Agreement (Clarion Partners Property Trust Inc.)

Limitations on Assignment. Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, or encumber the Property or other Collateral mortgaged premises or any interest therein without the prior written consent of Lender in each instance.

Appears in 1 contract

Samples: Commercial Real Estate Mortgage Loan Agreement (Procaccianti Hotel Reit, Inc.)

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Limitations on Assignment. Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the Property or other Collateral or any interest therein without the prior written consent of Lender the Required Lenders in each instance.

Appears in 1 contract

Samples: Senior Loan Agreement (NNN 2002 Value Fund LLC)

Limitations on Assignment. Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the Property or other Collateral or any interest therein without the prior written consent of Lender Agent and all Lenders in each instance.

Appears in 1 contract

Samples: Revolving Credit Agreement (TNP Strategic Retail Trust, Inc.)

Limitations on Assignment. Except for a Permitted Transaction, Borrower may not assign this Agreement or the monies due thereunder or convey or, except for a Permitted Transaction, encumber the a Property or other Collateral or any interest therein without the prior written consent of Lender the Majority Lenders in each instance.

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

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