Common use of Prohibited Assignment Clause in Contracts

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

Appears in 2 contracts

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

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Prohibited Assignment. If 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

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

Prohibited Assignment. If any Borrower or any Operating Lessee 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 1 contract

Samples: Loan Agreement (Strategic Hotel Capital Inc)

Prohibited Assignment. If any Borrower or Operating Lessee 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 1 contract

Samples: Loan Agreement (Strategic Hotel Capital Inc)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (Shelbourne Properties Ii Inc)

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