Common use of Assignment by Borrowers Clause in Contracts

Assignment by Borrowers. None of the Borrowers shall assign or transfer any of its rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks.

Appears in 7 contracts

Sources: Loan Agreement (Metallurg Inc), Revolving Credit Agreement (Nationsrent Inc), Revolving Credit and Term Loan Agreement (Dave & Busters Inc)

Assignment by Borrowers. None of the Borrowers shall assign or transfer any of its rights or obligations under any of the Loan Documents without the prior written consent of each of the BanksLenders.

Appears in 6 contracts

Sources: Senior Secured Priming and Superpriority Debtor in Possession Credit Agreement (Real Mex Restaurants, Inc.), Revolving Credit Agreement (Nationsrent Inc), Revolving Credit and Term Loan Agreement (Nationsrent Inc)

Assignment by Borrowers. None of the The Borrowers shall not assign or transfer any of its rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks.

Appears in 4 contracts

Sources: Revolving Credit and Term Loan Agreement (Holmes Group Inc), Revolving Credit Agreement (Sensormatic Electronics Corp), Revolving Credit Agreement (Holmes Products Corp)

Assignment by Borrowers. None of the The Borrowers shall not assign or transfer any of its their rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit and Term Loan Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Trico Marine Services Inc)

Assignment by Borrowers. None Neither of the Borrowers shall assign or transfer any of its rights or obligations under any of the Loan Documents without the prior written consent of each of the BanksLenders.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Zale Corp), Revolving Credit Agreement (Zale Corp)

Assignment by Borrowers. None of the The Borrowers shall not assign or transfer ----------------------- any of its their rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks.

Appears in 1 contract

Sources: Revolving Credit Agreement (Fairfield Communities Inc)

Assignment by Borrowers. None of the No Borrowers shall assign or transfer any of its rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks.

Appears in 1 contract

Sources: Credit Agreement (Xomed Surgical Products Inc)