Common use of No Assignment to Borrowers Clause in Contracts

No Assignment to Borrowers. No such assignment under the Revolving Facility shall be made to the Parent, the Borrowers or any of the Parent’s Affiliates or Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc)

AutoNDA by SimpleDocs

No Assignment to Borrowers. No such assignment under the Revolving Facility or the LC Facility shall be made to the Parent, the Borrowers or any of the Parent’s Affiliates or Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.