Common use of No assignment by Guarantor Clause in Contracts

No assignment by Guarantor. Except as expressly permitted herein, the Guarantor agrees that it shall not assign any of its rights or obligations hereunder without the prior written consent of the Lessor, the Agent, and the Requisite Lenders. The Guarantor acknowledges that the Lessor intends to mortgage, grant, and assign all of the Lessor's right, title, and interest in and to this Guaranty and the Guarantor's obligations hereunder to the Agent, as administrative agent for and representative of the Lenders, as security for the Secured Obligations (as defined in the relevant Aircraft Chattel Mortgage), and the Guarantor hereby consents to such mortgage, grant, and assignment.

No assignment by Guarantor. Except as expressly permitted herein, the each Guarantor agrees that it shall not assign any of its rights or obligations hereunder without the prior written consent of the Lessor, the Agent, and the Requisite Lenders. The Each Guarantor acknowledges that the Lessor intends to mortgage, grant, and assign all of the Lessor's right, title, and interest in and to this Guaranty and the such Guarantor's obligations hereunder to the Agent, as administrative agent for and representative of the Lenders, as security for the Secured Obligations (as defined in the relevant Aircraft Chattel Mortgage), and the each Guarantor hereby consents to such mortgage, grant, and assignment.