Common use of Transfer by Borrower Clause in Contracts

Transfer by Borrower. Borrower may not assign, and no person may assume, any of the obligations of Borrower under this Note without the prior written consent of Holder, which consent may be granted or withheld in Holder's sole discretion, and any attempt to do so without such consent shall be void.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (National Coal Corp), Note and Warrant Purchase Agreement (National Coal Corp)

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Transfer by Borrower. Borrower may not assign, and no person may assume, any of the obligations ox xxx xxligations of Borrower under this Note without the prior written consent of Holder, which consent may be granted or withheld in Holder's sole discretion, and any attempt to do so without such consent shall be void.

Appears in 1 contract

Samples: Promissory Note (Brilliant Digital Entertainment Inc)

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Transfer by Borrower. Borrower may not assign, and no person may assume, any of the obligations of Borrower under this Convertible Note without the prior written consent of Holder, which consent may be granted or withheld in Holder's sole discretion, and any attempt to do so without such consent shall be void.

Appears in 1 contract

Samples: Repurchase Agreement (Global Beverage Solutions, Inc.)

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