Common use of ASSIGNMENT OF DEBTS Clause in Contracts

ASSIGNMENT OF DEBTS. 1. The Borrower shall not assign any of its rights and obligations hereunder to any third party without the written consent of the Lender. 2. If the Borrower assigns its rights and obligations hereunder to a third party with the written consent of the Lender, the third party shall unconditionally comply with all provisions hereof.

Appears in 3 contracts

Sources: Working Capital Loan Contract (Xinzi), Working Capital Loan Contract (Xinzi), Working Capital Loan Contract (Xinzi)

ASSIGNMENT OF DEBTS. 1. The Borrower shall not assign any of its rights and obligations hereunder to any third party without the written consent of the ofthe Lender. 2. If the Borrower assigns its rights and obligations hereunder to a third party with the written consent of the ofthe Lender, the third party shall unconditionally comply with all provisions hereof.

Appears in 1 contract

Sources: Working Capital Loan Contract (Xinzi)

ASSIGNMENT OF DEBTS. 1. The Borrower shall not assign any of its rights and obligations hereunder to any third party without the written consent of the Lender. 2. If the Borrower assigns its rights and obligations hereunder to a third party with the written consent of the Lender, the third party shall unconditionally comply with all provisions hereof.

Appears in 1 contract

Sources: Working Capital Loan Contract (Semidux (Cayman) Holding LTD)