Common use of No Assignment by the Borrower Clause in Contracts

No Assignment by the Borrower. The Borrower may not assign or transfer any of its rights or obligations under this Agreement, except with the prior written approval of the Bank.

Appears in 3 contracts

Sources: Credit Agreement (RBC Bearings INC), Credit Agreement (Roller Bearing Co of America Inc), Credit Agreement (Roller Bearing Co of America Inc)

No Assignment by the Borrower. The Borrower may not assign or and/or transfer any of its rights or and/or obligations under this Agreement, except with the prior written approval of the Bank.

Appears in 2 contracts

Sources: Intra Group Loan Agreement, Intra Group Loan Agreement