Common use of No assignment by Borrowers Clause in Contracts

No assignment by Borrowers. No Borrower may assign or transfer any of its rights or obligations under this Agreement.

Appears in 46 contracts

Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (EuroDry Ltd.)

No assignment by Borrowers. No Borrower The Borrowers may not assign or transfer any of its their respective rights or obligations under this Agreement.

Appears in 10 contracts

Sources: Facility Agreement, Facility Agreement, Supplemental Agreement

No assignment by Borrowers. No Borrower None of the Borrowers may assign or transfer any of its rights or obligations under this Agreement.

Appears in 8 contracts

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (DryShips Inc.)

No assignment by Borrowers. No Neither Borrower may assign or transfer any of its rights or obligations under this Agreement.

Appears in 6 contracts

Sources: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (NewLead Holdings Ltd.)

No assignment by Borrowers. No no Borrower may assign or transfer any of its rights or obligations under this Agreement.

Appears in 2 contracts

Sources: Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)

No assignment by Borrowers. No Borrower The Borrowers may not assign or transfer any of its rights or obligations under this Agreement.

Appears in 1 contract

Sources: Loan Agreement (Teekay LNG Partners L.P.)

No assignment by Borrowers. No Borrower may assign or transfer any of its rights or obligations under this AgreementAgreement without the prior written consent of the Lenders.

Appears in 1 contract

Sources: Facility Agreement for a Term Loan Facility (Navios Maritime Partners L.P.)