Common use of Transfer by Borrowers Clause in Contracts

Transfer by Borrowers. Neither of the Borrowers may, without the consent of the Lender, transfer, novate or assign any of its rights, liabilities or obligations under any Finance Document.

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Oceanfreight Inc.)

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Transfer by Borrowers. Neither of the Borrowers Borrower may, without the consent of the Lender, transfer, novate or assign any of its rights, liabilities or obligations under any Finance Document.

Appears in 2 contracts

Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

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