Prohibition of Assignments by Borrower. Borrower shall not assign or attempt to assign its rights under this Agreement and any purported assignment shall be void.
Prohibition of Assignments by Borrower. Borrower shall not assign or attempt to assign its rights under this Agreement. Borrower will not suffer or permit any of its interest or rights in the Project to be assigned, sold, pledged, encumbered, transferred, hypothecated or otherwise disposed of until the provisions of this Agreement have been fully complied with and the Loan and all other sums evidenced by the Note and/or secured by the Mortgage and other Loan Documents have been repaid in full.
Prohibition of Assignments by Borrower. (a) Except for Permitted Transfers, Borrower will not cause or permit (i) the Property or any interest in the Property to be conveyed, transferred, assigned, encumbered, sold or otherwise disposed of; or (ii) any transfer, assignment or conveyance of any direct or indirect interest in Borrower or in the members, or partners or stockholders, or beneficiaries of, Borrower; or (iii) any merger, reorganization, dissolution or other change in the ownership structure of Borrower or any of the members, partners, stockholders or beneficiaries of Borrower (each a “Transfer”) without in each case the prior written consent of Lender, in Lender’s sole discretion, until the provisions of this Loan have been fully complied with and the Loan and all other sums evidenced by the Note and/or secured by the Security Instrument and other Loan Documents, have been repaid in full.
Prohibition of Assignments by Borrower. Borrower shall not assign or attempt to assign its rights under this Agreement. Borrower will not suffer or permit any of its interest or rights in the Project to be assigned, transferred, sold, pledged, vested, encumbered, hypothecated or otherwise disposed of (the foregoing are hereinafter referred to individually as a “Transfer,” collectively as “Transfers”) until the provisions of this Agreement have been fully complied with and the Loan and all other sums evidenced by the Note and/or secured by the Security Instrument and other Loan Documents, have been repaid in full. Borrower shall promptly notify Lender of the death or incapacity of any Indemnitor or any other individual(s) having direct or indirect management or control over the Property and/or Borrower. Failure of Borrower to provide such notice shall constitute a default under the Loan Documents.
Prohibition of Assignments by Borrower. Borrower may not assign or attempt to assign its rights under this Agreement or the other Loan Documents.
Prohibition of Assignments by Borrower. No Borrower shall assign or attempt to assign its rights under this Agreement. Except as provided in Section 6.3 hereof, no Borrower will suffer or permit any of its interest or rights in its Project, or its membership or partnership interests, to be assigned, sold, pledged, encumbered, transferred, hypothecated or otherwise disposed of until the provisions of this Agreement have been fully complied with and the Loan and all other sums evidenced by the Note and/or secured by the Mortgages and other Loan Documents, have been repaid in full; provided, however, any Borrower shall be permitted to grant customary utility easements (which do not affect the marketability of title or encroach upon any Improvements) to facilitate the delivery of utility services to the Project it owns in the normal course of business without the prior consent of Lender.
Prohibition of Assignments by Borrower. 9.2 Borrower shall not assign or attempt to assign its rights under this Agreement without the prior written consent of Lender, which consent shall not be unreasonably withheld or delayed. Borrower will not suffer or permit any of its interest or rights in the Project to be assigned, sold, pledged, encumbered, transferred, hypothecated or otherwise disposed of (each a "TRANSFER") until the Loan and all other sums evidenced by the Note and/or secured by the Mortgage and the other Loan Documents have been paid in full. RESTRICTIONS ON TRANSFERS OF INTEREST
Prohibition of Assignments by Borrower. The Borrower shall not assign or assign or attempt to assign its rights under this Agreement without the prior written consent of the Bank.
Prohibition of Assignments by Borrower. OR OF INTERESTS IN --------------------------------------------------------- BORROWER. --------
