Common use of No Assignment by the Borrower Clause in Contracts

No Assignment by the Borrower. The Borrower and any other parties to the Security Documents may not assign any rights and/or obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents.

Appears in 3 contracts

Samples: Loan Agreement (StealthGas Inc.), Credit Agreement (Paragon Shipping Inc.), Loan Agreement (StealthGas Inc.)

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No Assignment by the Borrower. The Borrower and any other parties to the Security Documents other than the Bank may not assign or transfer any of its rights and/or obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents.

Appears in 2 contracts

Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.)

No Assignment by the Borrower. The Borrower and any other parties to the Security Documents Parties may not assign or transfer any of their respective rights and/or obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents.

Appears in 2 contracts

Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

No Assignment by the Borrower. The Borrower and any other parties to the Security Documents Parties may not assign or transfer any of its rights and/or obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents.

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

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No Assignment by the Borrower. The Borrower and any other parties to the Security Documents other than the Bank may not (without the prior written consent of the Bank) assign or transfer any of its rights and/or obligations under this Agreement or any of the other Security Documents or any documents executed pursuant to this Agreement and/or the other Security Documents.

Appears in 1 contract

Samples: Loan Agreement (FreeSeas Inc.)

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