Common use of Prior Consent Clause in Contracts

Prior Consent. No assignment may be consummated pursuant to this Section 11.10 without the prior written consent of Collateral Agent (other than an assignment by any Lender to any affiliate of such Lender which affiliate is an Eligible Transferee and either wholly-owned by a Lender or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Lender, or to another Lender), which consent of Collateral Agent shall not be unreasonably withheld. Anything herein to the contrary notwithstanding, any Lender may at any time make a collateral assignment of all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Lender from its obligations hereunder.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Sg Blocks, Inc.)

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Prior Consent. No assignment may be consummated pursuant to this Section 11.10 9.11 without the prior written consent of Collateral Agent (other than an assignment by any Lender Bank to any affiliate of such Lender Bank which affiliate is an Eligible Transferee and either wholly-owned by a Lender such Bank or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Lender, or to another LenderBank), which consent of Collateral Agent shall not be unreasonably withheld. Anything herein to the contrary notwithstanding, any Lender Bank may at any time make a collateral assignment of all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Lender Bank from its obligations hereunder.;

Appears in 1 contract

Samples: Credit Agreement (Amcast Industrial Corp)

Prior Consent. No assignment may be consummated pursuant to this Section 11.10 10.10 without the prior written consent of Collateral Borrower and Agent (other than an assignment by any Lender Bank to any affiliate of such Lender which affiliate is an Eligible Transferee and either wholly-owned by a Lender or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Lender, or to another LenderBank), which consent of Collateral Borrower and Agent shall not be unreasonably withheld; provided, however, that, Borrower's consent shall not be required if, at the time of the proposed assignment, any Unmatured Event of Default or Event of Default shall have occurred. Anything herein to the contrary notwithstanding, any Lender Bank may at any time make a collateral assignment of all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Lender Bank from its obligations hereunder.;

Appears in 1 contract

Samples: Credit Agreement (Timken Co)

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Prior Consent. No assignment may be consummated pursuant to this Section 11.10 10.11 without the prior written consent of Collateral Agent Borrower and Agents (other than an assignment by any Lender Bank to any affiliate of such Lender which affiliate is an Eligible Transferee and either wholly-owned by a Lender or is wholly-owned by a Person that wholly owns, either directly or indirectly, such Lender, or to another LenderBank), which consent of Collateral Agent Borrower and Agents shall not be unreasonably withheld; provided, however, that, Borrower's consent shall not be required if, at the time of the proposed assignment any Unmatured Event of Default or Event of Default shall have occurred. Anything herein to the contrary notwithstanding, any Lender Bank may at any time make a collateral assignment of assign all or any portion of its rights under the Loan Documents to a Federal Reserve Bank, and no such assignment shall release such assigning Lender Bank from its obligations hereunder.;

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Industries Inc)

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