Common use of No assignment by Borrowers Clause in Contracts

No assignment by Borrowers. The Borrowers may not assign or transfer any of their rights or obligations under this Agreement or any of the other Security Documents without the prior written consent of the Agent.

Appears in 1 contract

Sources: Loan Agreement (Mc Shipping Inc)

No assignment by Borrowers. The Borrowers may not assign or transfer any of their respective rights or obligations under this Agreement or any of the other Security Documents without the prior written consent of the AgentDocuments.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Holdings Inc.)