Modification and Assignment of Loan Documents Sample Clauses

Modification and Assignment of Loan Documents. This Loan Agreement and the Other Agreements may not be modified, altered or amended, except by an agreement in writing signed by Borrower and Lender. Borrower may not sell, assign or transfer this Loan Agreement or the Other Agreements or any portion thereof, including, without limitation, Borrower’s rights, titles, interests, remedies, powers or duties thereunder. Borrower hereby consents to Lender’s sale, assignment, grant of participations, transfer or other disposition, at any time and from time to time hereafter, of this Loan Agreement and the Other Agreements or of any portion thereof, including, without limitation, Lender’s rights, titles, interests, remedies, powers or duties.
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Modification and Assignment of Loan Documents. This Loan Agreement and the Other Agreements between Agent, Lenders and Borrower may not be modified, altered or amended, except by an agreement in writing signed by Borrower, Agent and Required Lenders. Borrower may not sell, assign or transfer this Loan Agreement or the Other Agreements or any portion thereof, including, without limitation, Borrower’s rights, titles, interests, remedies, powers or duties thereunder. Prior to the occurrence of an Event of Default, Agent or any Lender may assign or transfer any or all of its interest the Loan Documents and the Loans to (a) any of its Affiliates or (b) third parties none of which are foreign lenders and which are acceptable to Borrower (which acceptance shall not be unreasonably withheld, conditioned or delayed). If an Event of Default has occurred, Agent or any Lender may assign or transfer any or all of its interest in the Loan Documents and the Loans to any third party or any of its Affiliates without the prior written consent of Borrower. Agent shall give Borrower prompt written notice of any assignment of or participation in the Loans hereunder. Any purported assignment of rights or delegation of duties in violation of this Section is void. Borrower hereby consents to Agent and Lenders sharing information regarding Borrower, the Loan Documents and the Liabilities with any purchaser or potential purchaser hereof, subject to customary non-disclosure agreements.
Modification and Assignment of Loan Documents. This Loan Agreement and the Other Agreements may not be modified, altered or amended, except by an agreement in writing signed by Borrowers and the Bank. Borrowers may not sell, assign or transfer this Loan Agreement or the Other Agreements or any portion thereof, including, without limitation, Borrowers' rights, titles, interests, remedies, powers or duties thereunder. Each Borrower hereby consents to the Bank's sale, assignment, grant of participations, transfer or other disposition, at any time and from time to time hereafter, of this Loan Agreement and the Other Agreements or of any portion thereof, including, without limitation, the Bank's rights, titles, interests, remedies, powers or duties. Notwithstanding the foregoing, the Bank shall not sell or assign this Loan Agreement or the Other Agreements to a bank unaffiliated with the Bank at any time while an Event of Default does not exist without providing Borrowers sixty (60) days notice prior to the effective date of such sale or assignment.

Related to Modification and Assignment of Loan Documents

  • Modification of Loan Documents At any time or from time to time and any number of times, without notice to Guarantor and without affecting the liability of Guarantor, all of the following will apply:

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Modification of Loan Documents, etc Neither the Administrative Agent nor any other Secured Party shall incur any liability to any Guarantor as a result of any of the following, and none of the following shall impair or release this Guaranty or any of the obligations of any Guarantor under this Guaranty:

  • Amendment and Assignment of Agreement This Agreement may not be amended or assigned without the affirmative vote of a majority of the outstanding voting securities of the Fund, and this Agreement shall automatically and immediately terminate in the event of its assignment.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Reaffirmation of Loan Documents Any and all of the terms and provisions of the Credit Agreement and the Loan Documents shall, except as amended and modified hereby, remain in full force and effect. This Amendment shall not limit or impair any Liens securing the Obligations, each of which are hereby ratified, affirmed and extended to secure the Obligations as it may be increased pursuant hereto. This Amendment constitutes a Loan Document.

  • Contents of Agreement; Amendment and Assignment (a) This Agreement sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment approved by the Board and executed on its behalf by a duly authorized officer and by Executive.

  • Amendment and Assignment This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer and the Employee. Either party may, subject to the limitations of Article IV, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

  • Ratification and Confirmation of Loan Documents The Borrower hereby consents, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifies in all respects the Loan Documents to which the Borrower is a party.

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

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