Common use of No Assignment by Borrower Clause in Contracts

No Assignment by Borrower. The Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the Lender. Neither the Borrower nor any affiliate of the Borrower may become a Lender or a sub-participant.

Appears in 8 contracts

Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp), Secured Loan Agreement (Navios Maritime Holdings Inc.)