Common use of No Assignment by the Borrower Clause in Contracts

No Assignment by the Borrower. The Borrower shall not assign or transfer any of its rights or obligations under any of the Loan Documents without the prior approval of the Lender.

Appears in 9 contracts

Sources: Loan and Security Agreement (Griffin Industrial Realty, Inc.), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

No Assignment by the Borrower. The Other than as expressly permitted in Section 11.7 hereof, the Borrower shall not assign or transfer any of its rights or obligations under any of the Loan Documents without the prior approval of the Lender.

Appears in 1 contract

Sources: Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals Inc)

No Assignment by the Borrower. The Borrower shall not assign or transfer any of its rights or obligations under any of the Loan Documents without the prior approval of each of the LenderLenders.

Appears in 1 contract

Sources: Revolving Credit and Guaranty Agreement (Humphrey Hospitality Trust Inc)