Common use of Transfer to Affiliates Clause in Contracts

Transfer to Affiliates. Sell, assign or otherwise transfer any of its assets, or permit any of its Subsidiaries to sell, assign or otherwise transfer any of their respective assets, to any Affiliate of the Seller without the prior written consent of the Buyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Century Communities, Inc.), Master Repurchase Agreement (Sirva Inc)

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Transfer to Affiliates. Sell, assign or otherwise transfer any of its assets, or permit any of its Subsidiaries to sell, assign or otherwise transfer any of their respective assets, to any Affiliate of the Seller a Borrower without prior written notice to Lenders or, if any such sale, assignment or other transfer would materially adversely affect such Borrower's mortgage banking business, without the prior written consent of the BuyerRequired Lenders.

Appears in 1 contract

Samples: Mortgage Warehouse Loan and Security Agreement (Premier Bancshares Inc /Ga)

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Transfer to Affiliates. Sell, assign or otherwise transfer any of ---------------------- its assets, or permit any of its Subsidiaries to sell, assign or otherwise transfer any of their respective assets, other than in the ordinary course of business and in amounts that are not material, to any Affiliate of the Seller Borrower without the prior written consent of Lender; provided, however, that nothing herein shall be deemed to prohibit the Buyerassignment or transfer of servicing functions to any Affiliate of the Borrower.

Appears in 1 contract

Samples: And Security Agreement (Crescent Banking Co)

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