Common use of Prior Consent Clause in Contracts

Prior Consent. No assignment may be consummated pursuant to this Section 9.11 without the prior written consent of Agent (other than an assignment by any Bank to any affiliate of such Bank which affiliate is either wholly-owned by such Bank or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Bank), which consent of Agent shall not be unreasonably withheld. Anything herein to the contrary notwithstanding, any Bank may at any time make a collateral assignment of all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Bank from its obligations hereunder;

Appears in 1 contract

Samples: Last in First Out Credit Agreement (Amcast Industrial Corp)

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Prior Consent. No assignment may be consummated pursuant to this Section 9.11 11.10 without the prior written consent of Collateral Agent (other than an assignment by any Bank Lender to any affiliate of such Bank Lender which affiliate is an Eligible Transferee and either wholly-owned by such Bank a Lender or is wholly-owned by a Person that wholly owns, either directly or indirectly, such BankLender, or to another Lender), which consent of Collateral Agent shall not be unreasonably withheld. Anything herein to the contrary notwithstanding, any Bank Lender may at any time make a collateral assignment of all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Bank Lender from its obligations hereunder;.

Appears in 1 contract

Samples: Credit Agreement (Sg Blocks, Inc.)

Prior Consent. No assignment may be consummated pursuant to this Section 9.11 10.10 without the prior written consent of Borrower and Agent (other than an assignment by any Bank to any affiliate of such Bank which affiliate is either wholly-owned by such Bank or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Bank), which consent of Borrower and Agent shall not be unreasonably withheld; provided, however, that, Borrower's consent shall not be required if, at the time of the proposed assignment, any Unmatured Event of Default or Event of Default shall have occurred. Anything herein to the contrary notwithstanding, any Bank may at any time make a collateral assignment of all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Bank from its obligations hereunder;

Appears in 1 contract

Samples: Credit Agreement (Timken Co)

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Prior Consent. No assignment may be consummated pursuant to this Section 9.11 10.11 without the prior written consent of Agent Borrower and Agents (other than an assignment by any Bank to any affiliate of such Bank which affiliate is either wholly-owned by such Bank or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Bank), which consent of Agent Borrower and Agents shall not be unreasonably withheld; provided, however, that, Borrower's consent shall not be required if, at the time of the proposed assignment any Unmatured Event of Default or Event of Default shall have occurred. Anything herein to the contrary notwithstanding, any Bank may at any time make a collateral assignment of assign all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Bank from its obligations hereunder;

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Industries Inc)

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