No assignment or transfer by the Sample Clauses
The "No assignment or transfer by the" clause prohibits one party from transferring its rights or obligations under the agreement to another party without prior consent. In practice, this means that a party cannot sell, assign, or delegate its interests in the contract to a third party unless the other party agrees, often in writing. This clause ensures that both parties maintain control over who they are contracting with, thereby preventing unwanted or unknown third parties from becoming involved in the agreement and protecting the original parties' interests.
No assignment or transfer by the. Borrower The Borrower may not assign any of its rights or transfer any of its rights or obligations under the Finance Documents.
No assignment or transfer by the. Borrowers or the Guarantors The Borrowers and the Guarantors may not assign any of their rights or transfer any of its rights or obligations under the Finance Documents without the prior written consent of the Lenders.