Common use of Prohibited Assignment Clause in Contracts

Prohibited Assignment. If any Borrower attempts to assign its respective rights under this Agreement or under any other Loan Document or any interest herein or therein in contravention of this Agreement or any of the Loan Documents;

Appears in 2 contracts

Sources: Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Mezzanine Loan Agreement (Strategic Hotel Capital Inc)

Prohibited Assignment. If any Borrower attempts to delegate its obligations or assign its respective rights under this Agreement or under any other Loan Document or any interest herein or therein in contravention of this Agreement or any of the other Loan Documents;, or any interest herein or therein.

Appears in 2 contracts

Sources: Loan Agreement (Cedar Income Fund LTD /Md/), Loan Agreement (Cedar Income Fund LTD /Md/)

Prohibited Assignment. If any Borrower attempts to assign its respective rights under this Agreement or under any other Loan Document or any interest herein or therein in contravention of this Agreement or any of the Loan Documents;.

Appears in 2 contracts

Sources: Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Colony Resorts LVH Acquisitions LLC)

Prohibited Assignment. If any Borrower attempts to assign assigns or delegates or encumbers its respective rights under this Agreement or under any other Loan Document or any interest herein or therein in contravention violation of the terms of this Agreement or any of the Loan Documents;Agreement; or

Appears in 1 contract

Sources: Revolving Credit Agreement (Shelbourne Properties Ii Inc)

Prohibited Assignment. If any Borrower or Operating Lessee attempts to assign its respective rights under this Agreement or under any other Loan Document or any interest herein or therein in contravention of this Agreement or any of the Loan Documents;

Appears in 1 contract

Sources: Loan Agreement (Strategic Hotel Capital Inc)