Common use of No Assignment by Borrower Clause in Contracts

No Assignment by Borrower. Except as expressly permitted herein, Borrower shall not assign or transfer any of its rights hereunder without the prior written consent of Lender. Any assignment made without Lender's prior written consent shall be void.

Appears in 3 contracts

Sources: Loan Agreement (First Potomac Realty Trust), Loan Agreement (Golf Ventures Inc), Loan Agreement (Golf Ventures Inc)

No Assignment by Borrower. Except as expressly permitted herein, Borrower shall not assign or transfer any of its rights hereunder without the prior written consent of Lender. Any assignment made without Lender's prior written consent shall be void.

Appears in 3 contracts

Sources: Loan Agreement (Silverleaf Resorts Inc), Loan Agreement (Tower Realty Trust Inc), Loan Agreement (Mark Centers Trust)

No Assignment by Borrower. Except as expressly permitted herein, Borrower shall not assign or transfer any of its rights hereunder without the prior written consent of Lender which may be granted or withheld in Lender's sole discretion. Any assignment made without Lender's prior written consent shall be void.

Appears in 2 contracts

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