Common use of No Assignment by Borrower Clause in Contracts

No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 6 contracts

Samples: Loan and Security Agreement (Merrimac Industries Inc), Revolving Credit Loan and Security Agreement (Resource Asset Investment Trust), Revolving Credit Loan Agreement (Resource America Inc)

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No Assignment by Borrower. No Borrower may not assign any of its rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrower Borrowers as it they presently existsexist.

Appears in 4 contracts

Samples: Loan and Security Agreement (InfoLogix Inc), Loan and Security Agreement (National Media Corp), Loan and Security Agreement (National Media Corp)

No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of BankLender, and Bank Lender shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 2 contracts

Samples: Loan and Security Agreement (Relm Wireless Corp), Loan and Security Agreement (Healthcare Imaging Services Inc)

No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 2 contracts

Samples: Loan Agreement (MVC Capital, Inc.), Loan Agreement (MVC Capital, Inc.)

No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of BankAgent, and Bank Lenders shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 2 contracts

Samples: Revolving Credit Loan and Security Agreement (Hersha Hospitality Trust), Revolving Credit Loan and Security Agreement (Hersha Hospitality Trust)

No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrower as it presently existsBorrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Consolidated Stainless Inc), Loan and Security Agreement (Consolidated Stainless Inc)

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No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of BankAgent and all of the Lenders, and Bank the Lenders shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Hersha Hospitality Trust)

No Assignment by Borrower. Borrower may not assign any of its rights hereunder without the prior written consent of Bank, Bank and any such assignment shall be void and of no force or effect. Bank shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 1 contract

Samples: Possession Loan and Security Agreement

No Assignment by Borrower. Borrower may not assign any of its ------------------------- rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrower as it presently exists.

Appears in 1 contract

Samples: Loan and Security Agreement (Hersha Hospitality Trust)

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