Common use of Assignment by the Borrower Clause in Contracts

Assignment by the Borrower. The rights and obligations of the Borrower under this Agreement are not assignable to any other Person, except in accordance with Article 12, without the prior written consent of the Administrative Agent and the Lenders in its sole discretion.

Appears in 2 contracts

Sources: Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp)

Assignment by the Borrower. The rights and obligations of the Borrower under this Agreement are not assignable to any other Person, except in accordance with Article 1211, without the prior written consent of the Administrative Agent and the Lenders in its sole discretionLender.

Appears in 1 contract

Sources: Loan Agreement (Draxis Health Inc /Cn/)