Common use of Restrictions on Assignments Clause in Contracts

Restrictions on Assignments. Neither Borrower nor Servicer may assign its rights hereunder or any interest herein without the prior written consent of Administrator and Lender. Lender may not assign all or any portion of Lender's Commitment to any Person other than the Liquidity Bank(s) without the prior written consent of Borrower and Administrator. Nothing herein shall be deemed to preclude Lenders from pledging or assigning all or any portion of any Loan or the Lender Note:

Appears in 2 contracts

Samples: Loan Agreement (Oxford Industries Inc), Loan Agreement (G&k Services Inc)

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Restrictions on Assignments. Neither Borrower nor Servicer may assign its rights hereunder or any interest herein without the prior written consent of Administrator and Lender. Lender may not assign all or any portion of Lender's ’s Commitment to any Person other than the Liquidity Bank(s) without the prior written consent of Borrower and Administrator. Nothing herein shall be deemed to preclude Lenders from pledging or assigning all or any portion of any Loan or the Lender Note:

Appears in 1 contract

Samples: Loan Agreement (G&k Services Inc)

Restrictions on Assignments. Neither Borrower nor Servicer may assign its rights hereunder or any interest herein without the prior written consent of Administrator and Lender. Lender may not assign all or any portion of Lender's Commitment to any Person other than the Liquidity Bank(s) without the prior written consent of Borrower and Administrator. Nothing herein shall be deemed to preclude Lenders Lender from pledging or assigning all or any portion of any Loan or the Lender Note:

Appears in 1 contract

Samples: Loan Agreement (Interface Inc)

Restrictions on Assignments. Neither Borrower nor Servicer may assign its rights hereunder or any interest herein without the prior written consent of the LC Issuer, the Administrator and the Lender. Lender may not assign all or any portion of Lender's ’s Commitment to any Person other than the Liquidity Bank(s) without the prior written consent of Borrower the Borrower, the LC Issuer and the Administrator. Nothing herein shall be deemed to preclude Lenders Lender from pledging or assigning all or any portion of any Loan or the Lender Note:

Appears in 1 contract

Samples: Loan Agreement (G&k Services Inc)

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Restrictions on Assignments. Neither None of Borrower nor Servicer or the Servicers may assign its rights hereunder or any interest herein without the prior written consent of Administrator and Lender. Lender may not assign all or any portion of Lender's Commitment to any Person other than the Liquidity Bank(s) without the prior written consent of Borrower and Administrator. Nothing herein shall be deemed to preclude Lenders Lender from pledging or assigning all or any portion of any Loan or the Lender Note:

Appears in 1 contract

Samples: Loan Agreement (Us Xpress Enterprises Inc)

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