Common use of Assignment by Borrowers Clause in Contracts

Assignment by Borrowers. The Borrowers shall not assign or transfer any of their rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks and the Issuing Bank.

Assignment by Borrowers. The Borrowers shall not assign or transfer any of their rights or obligations under any of the Loan Documents without the prior written consent of each of the Banks Banks, provided that the Company shall be permitted to transfer all of its rights and obligations to another branch of the Company located in another jurisdiction with the consent of the Agent and the Issuing BankMajority Banks.