Common use of No assignment by Borrowers Clause in Contracts

No assignment by Borrowers. No Borrower may assign any of its rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrowers as they presently exists.

Appears in 2 contracts

Sources: Loan and Security Agreement (MRC Group), Loan and Security Agreement (MRC Group)

No assignment by Borrowers. No Borrower may assign any of its rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrowers as they presently existsexist.

Appears in 2 contracts

Sources: Loan and Security Agreement (Uti Energy Corp), Loan and Security Agreement (Uti Energy Corp)

No assignment by Borrowers. No Borrower Borrowers may not assign any of its their rights hereunder without the prior written consent of Bank, and Bank shall not be required to lend hereunder except to Borrowers as they presently existsexist, except for changes not prohibited by this Agreement.

Appears in 1 contract

Sources: Loan and Security Agreement (United States Lime & Minerals Inc)