Common use of Assignment and Sale Clause in Contracts

Assignment and Sale. The Borrower may not sell, assign or transfer this Agreement or any of the other Credit Documents or any portion hereof or thereof, including without limitation the Borrower’s rights, title, interests, remedies, powers, and duties hereunder or thereunder. The Bank may assign or sell a participation interest in all or any portion of the Loans to one or more other financial institutions.

Appears in 6 contracts

Sources: Credit Agreement, Credit Agreement (Swisher Hygiene Inc.), Credit Agreement (Swisher Hygiene Inc.)

Assignment and Sale. The Borrower may not sell, assign or transfer this Agreement or any of the other Credit Loan Documents or any portion hereof or thereof, including without limitation the Borrower’s rights, title, interests, remedies, powers, and duties hereunder or thereunder. The Bank may assign or sell a participation interest in all or any portion of the Loans Loan to one or more other financial institutions.

Appears in 2 contracts

Sources: Loan Agreement (Fountain Powerboat Industries Inc), Loan Agreement (Fountain Powerboat Industries Inc)

Assignment and Sale. The Borrower may not sell, assign or transfer this Agreement Credit Agreement, or any of the other Credit Loan Documents or any portion hereof or thereof, including without limitation limitation, the Borrower’s 's rights, title, interests, remedies, powers, and duties hereunder or thereunder. The Bank may assign or sell a participation interest in all or any portion of the Loans to one or more other financial institutions.

Appears in 1 contract

Sources: Credit Agreement (Western National Corp)

Assignment and Sale. The Borrower may not sell, assign or transfer this Agreement or any of the other Credit Loan Documents or any portion hereof or thereof, including without limitation the Borrower’s rights, title, interests, remedies, powers, and duties hereunder or thereunder. The Bank may assign or sell a participation interest in all or any portion of the Loans any Loan to one or more other financial institutions.

Appears in 1 contract

Sources: Loan Agreement (Fountain Powerboat Industries Inc)

Assignment and Sale. The Borrower may not sell, assign or transfer this Agreement or any of the other Credit Loan Documents or any portion hereof or thereof, including without limitation the Borrower’s 's rights, title, interests, remedies, powers, and duties hereunder or thereunder. The Bank may assign or sell a participation interest in all or any portion of the Loans to one or more other financial institutions.

Appears in 1 contract

Sources: Loan Agreement (Lason Inc)