Prohibition on Assignment by the Company. Except as described in Section 8(b) (Merger or Sale of Assets) of the Subordinated Notes, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of all the Noteholders (as defined in the Subordinated Note).
Prohibition on Assignment by the Company. Except as described in Article VII of the Indenture, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of all the Holders.
Prohibition on Assignment by the Company. Except as described in Section 9(b) (Merger or Sale of Assets) of the Subordinated Note, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes to any Person, other than an Affiliate or Subsidiary, without the prior written consent of all the Noteholders (as defined in the Subordinated Note). In addition, in accordance with the terms of the Subordinated Note, any transfer of such Subordinated Note by the Noteholder (as defined in the Subordinated Note) must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.
Prohibition on Assignment by the Company. Except as described in Sections 5 and 14 of the Global Note, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of the Purchasers.
Prohibition on Assignment by the Company. Except as described in Article Eight of the Indenture, the Company may not assign, transfer or delegate any of its rights or obligations under the Senior Notes without the prior written consent of the Holders (as defined in the Senior Notes). The Company may not assign, transfer or delegate any of its rights or obligations under this Agreement except to a permitted successor Person under Article Eight of the Indenture. In addition, in accordance with the terms of the Senior Notes, any transfer of such Senior Notes by the Holders must be made in accordance with the Assignment Form attached thereto and the requirement and restrictions thereof. 7.2 Time of the Essence. Time is of the essence for this Agreement. 7.3
Prohibition on Assignment by the Company. Except as described in Section 4 (Consolidation, Merger and Sale of Assets) of the Senior Notes, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Senior Notes to any Person, without the prior written consent of all the Noteholders (as defined in the Senior Notes). In addition, in accordance with the terms of the Senior Notes, any transfer of such Senior Notes by the Noteholders must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof.
Prohibition on Assignment by the Company. Except as described in Section 8(b) (Merger or Sale of Assets) of the Subordinated Notes, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of all the Noteholders (as defined in the Subordinated Note). In addition, in accordance with the terms of the Subordinated Notes, any transfer of such Subordinated Notes by the Noteholders (as defined in the Subordinated Note) must be made in accordance with the Assignment Form attached thereto and the requirements and restrictions thereof. 7.2 Time of the Essence. Time is of the essence for this Agreement. 7.3
Prohibition on Assignment by the Company. Except as provided in the Indenture, the Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Subordinated Notes without the prior written consent of the Purchaser. In addition, in accordance with the terms of the Indenture and the Subordinated Notes, any transfer of such Subordinated Notes by the Holders (as defined in the Indenture) must be made in accordance with the Assignment Form attached to the Subordinated Notes and the requirements and restrictions thereof and the Indenture.
Prohibition on Assignment by the Company. Sell, lease, transfer or otherwise dispose of, whether or not in a taxable transaction, (a) all or a substantial portion of the assets of the Company (or K-Sea Transportation Partners, L.P., as the case may be), or (b) an operation, line of business, division, or subsidiary that represents more than a substantial portion of either the total assets or consolidated revenues of the Company (or K-Sea Transportation Partners, L.P., as the case may be), with substantial portion meaning, in either case, greater than thirty-five percent (35%) (in any case, a “Prohibited Transfer”), nor enter into any agreement contemplating such a Prohibited Transfer. A Prohibited Transfer shall also be deemed to have occurred, without limitation, upon (a) any failure of compliance with Sections 5.11 or 6.2 hereof or (b) the issuance of additional stock, membership interest, partnership interest, any other similar interest or securities convertible into additional stock, membership interest, partnership interest or any other similar interest or the occurrence of any other transaction, if the issuance or occurrence results or could result in a Change of Control.
Prohibition on Assignment by the Company. The Company may not assign, transfer or delegate any of its rights or obligations under this Agreement or the Notes without the prior written consent of the Purchasers holding a majority of the outstanding aggregate principal amount of the Notes.
