Common use of No assignment by Borrowers Clause in Contracts

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

Appears in 3 contracts

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

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

Appears in 1 contract

Sources: Supplemental Agreement (Diana Shipping Inc.)