Common use of Assignment not Effective Clause in Contracts

Assignment not Effective. Any attempted assignment or transfer of Borrower's rights under this Agreement without the prior written consent of Lender shall be void.

Appears in 2 contracts

Sources: Promissory Note and Loan Agreement (Sign Media Systems Inc), Promissory Note and Loan Agreement (Sign Media Systems Inc)

Assignment not Effective. Any attempted assignment or transfer of Borrower's ’s rights under this Agreement without the prior written consent of Lender shall be void.

Appears in 1 contract

Sources: Loan and Security Agreement (Tactical Solution Partners, Inc.)

Assignment not Effective. Any attempted assignment or transfer of Borrower's ’s’ rights under this Agreement without the prior written consent of Lender shall be void.

Appears in 1 contract

Sources: Loan Agreement (Axion International Holdings, Inc.)