Common use of No Transfer of Assets Clause in Contracts

No Transfer of Assets. not convey, assign, transfer, sell or otherwise dispose of or deal with any of their real or personal property, assets or rights, whether present or future, without the prior written consent of the Bank; and

Appears in 5 contracts

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

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No Transfer of Assets. not convey, assign, transfer, sell or otherwise dispose of or deal with any of their real or personal property, assets or rights, whether present or future, without the prior written consent of the Bank, such consent not to be unreasonably withheld; and

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

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No Transfer of Assets. ensure that the Owner shall not convey, assign, transfer, sell or otherwise dispose of or deal with any of their real or personal property, assets or rights, whether present or future, without the prior written consent of the Bank; and

Appears in 1 contract

Samples: Credit Agreement (Paragon Shipping Inc.)

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