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  • ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION
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Common use of ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION Clause in Contracts

ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION. As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all Rents.

Appears in 2 contracts

Sources: Multifamily Deed to Secure Debt, Assignment of Rents and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Deed to Secure Debt, Assignment of Rents and Security Agreement (Steadfast Apartment REIT, Inc.)

Related Clauses

  • Assignment of Rents
  • Appointment of Receiver
  • Voluntary Bankruptcy; Appointment of Receiver, Etc
  • Collateral Agent’s Appointment as Attorney-in-Fact, etc
  • Involuntary Bankruptcy; Appointment of Receiver, Etc

Parent Clauses

  • Payment of Principal, Interest, Prepayment Charges, Yield Maintenance Premiums and Late Charges
  • PROPERTY AND LIABILITY INSURANCE
  • Events of Default
  • Acceleration and Sale
  • WAIVER OF TRIAL BY JURY

Sub-Clauses

  • After the occurrence of an Event of Default
  • BORROWER AND LENDER EACH COVENANTS AND AGREES NOT TO ELECT
  • After the
  • Indebtedness
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