Common use of No Assignment of Receivables Clause in Contracts

No Assignment of Receivables. The Guarantor shall not assign the receivables from the Canadian Borrower or other Subsidiaries referenced in Section 7.4(d) to any person other than the Canadian Borrower or another Subsidiary or the Agent.] [Note: Insert the foregoing square-bracketed wording for a guarantee from a Baytex LuxCo.]

Appears in 3 contracts

Samples: First Amending Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

AutoNDA by SimpleDocs

No Assignment of Receivables. The Guarantor shall not assign the receivables from the Canadian Borrower or other Subsidiaries referenced in Section 7.4(d) to any person Person other than the Canadian Borrower or another Subsidiary or the Agent.] [Note: Insert the foregoing square-bracketed wording for a guarantee from a the Baytex LuxCo.]

Appears in 3 contracts

Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Facilities (Baytex Energy Corp.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!