Common use of Assignment by the Borrower Clause in Contracts

Assignment by the Borrower. The Borrower and any other parties to the Security Documents may not assign any rights and/or obligations hereunder and/or any other Security Document or any documents executed pursuant thereto without the prior written consent of the Bank and

Appears in 2 contracts

Sources: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)

Assignment by the Borrower. The Borrower and any other parties to the Security Documents may not assign any rights and/or obligations hereunder and/or under this Agreement or any of the other Security Document Documents or any documents executed pursuant thereto to this Agreement and/or the other Security Documents without the prior written consent of the Bank andBank.

Appears in 2 contracts

Sources: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Assignment by the Borrower. The Borrower Borrowers and any other parties to the Security Documents Party may not assign and/or transfer any rights and/or and obligations hereunder and/or under this Agreement or any of the other Security Document Documents or any documents executed pursuant thereto to this Agreement and/or the other Security Documents without the prior written consent of the Bank andBank, at its discretion.

Appears in 2 contracts

Sources: Facility Agreement (Omega Navigation Enterprises, Inc.), Facility Agreement (Omega Navigation Enterprises, Inc.)

Assignment by the Borrower. The Borrower and any other parties to the Security Documents Parties may not assign any rights and/or and obligations hereunder and/or under this Agreement or any of the other Security Document Documents or any documents executed pursuant thereto to this Agreement and/or the other Security Documents without the prior written consent of the Bank andat the Bank's discretion.

Appears in 1 contract

Sources: Loan Agreement (Diana Shipping Inc.)