Collateral Assignments Sample Clauses

Collateral Assignments. Either Party shall have the right, without the other Party's consent, but with a thirty (30) day prior written notice to the other Party, to make a collateral assignment of its rights under this Agreement to satisfy the requirements of any development, construction, or other long-term financing.

Collateral Assignments. Notwithstanding the security interest granted by Borrower to Bank in the Collateral, Borrower understands and agrees that should Bank request such in writing, Borrower will execute and deliver to its Closing Agent(s) for subsequent delivery to Bank, a separate Collateral Assignment of Notes, Deeds of Trust/Mortgages and Security Agreement with respect to each Eligible Mortgage Loan to be funded, in whole or in part with an Advance or Advances hereunder. Borrower also will execute and deliver with this Agreement a separate Collateral Assignment of Contract Rights and Security Agreement with respect to each Qualified Investor to which it will sell Eligible Mortgage Loans funded, in whole or in part hereunder, and for each new Qualified Investor with which Borrower contracts hereafter to sell Eligible Mortgage Loans to be funded, in whole or in part hereunder. Notwithstanding the fact that separate instruments will be used, the security interests granted herein shall be in addition to the security interests granted in each such document, and not in substitution or cancellation thereof, so that Bank’s security interest in the Collateral shall be construed and expanded to the fullest extent possible.

Collateral Assignments. If requested by Administrative Agent, collateral assignments executed by Borrower, Subsidiary Guarantor or any other Loan Party in favor of Administrative Agent of all reciprocal easement agreements, architectural, and construction related contracts, permits and licenses relating to the development, construction, use, occupancy, operation, maintenance, enjoyment or ownership of such Property.

Collateral Assignments. Grantee shall have the absolute right in its sole and exclusive discretion, without obtaining the consent of Owner, to finance, mortgage, encumber, hypothecate, pledge or transfer to one or more Mortgagees any and all of the rights granted hereunder, including the easements granted in Section 2, and/or any or all rights or interests of Grantee in the Property or in any or all of the Solar Facilities.

Collateral Assignments. Collateral assignments of such agreements, leases, contracts and other rights or interests of Borrowers with respect to the Projects as Lender may reasonably request.

Collateral Assignments. Notwithstanding any provision to the contrary contained in this Article XIII, each Party may, at any time, without the prior written consent of the other Parties, assign to its Lenders as collateral security for the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of its Secured Obligations, all or any portion of its Composite Component Ownership Interest and its rights and obligations under this Agreement. Any assignment provided for in this Section 13.4, however, shall not relieve such Party of any of its obligations under this Agreement. If the Lenders exercise their remedies under the applicable Security Documents and foreclose on all or any portion of such Party’s Composite Component Ownership Interest, then the Lenders shall, except to the extent otherwise agreed by the Parties in writing, be bound by the terms and conditions of this Agreement. Each Party hereby irrevocably consents to any such assignment and to the creation of any such security interest in favor of the Lenders, in each case, pursuant to the applicable Security Documents. Each Party hereby agrees, in connection with any collateral assignment by any other Party of all or any portion of its Composite Component Ownership Interest and/or its rights and obligations under this Agreement to its Lenders, to enter into a consent to assignment containing terms and conditions substantially similar to those provided in the form attached as Exhibit E and such other commercially reasonable terms and conditions as such Lenders may reasonably require.

Collateral Assignments. Subject to MAC’s consent, which shall not be unreasonably withheld, Tenant may not assign, transfer, mortgage or otherwise pledge all or any portion of its rights, title or interest in the Leased Property pursuant to this Lease or any of its other rights under this Lease as collateral to secure Tenant’s payment of a debt or performance of any other obligation of Tenant, except as provided in this Section. (i) An agreement pursuant to which Tenant pledges, assigns or grants an interest in its rights under this Lease as collateral for the payment of a debt or performance of some other obligation of Tenant must take the form of a leasehold mortgage. (ii) Tenant must not be in default of this Lease or any other agreement between Tenant and MAC, beyond the expiration of applicable notice and cure periods. (iii) In the leasehold mortgage, the mortgagee must expressly acknowledge, for the benefit of MAC, that the mortgagee is acquiring no right, title or interest in MAC’s fee title to the Leased Property and that the mortgagee’s rights in and to any Improvements are, at all times, subject to the terms and conditions of this Lease. (iv) If Tenant has not already done so, ▇▇▇▇▇▇ must obtain a legally sufficient legal description of the Leased Property, and ▇▇▇▇▇▇ must execute and record a memorandum of this Lease in the appropriate county land records, and Tenant must record the leasehold mortgage in the appropriate county land records. (v) ▇▇▇ ▇▇▇▇▇▇ agrees that if the leasehold mortgagee notifies MAC of an address to which MAC may send notices, ▇▇▇ will send a copy of any notice MAC is required to deliver to Tenant under the terms of this Lease to the leasehold mortgagee at the address the leasehold mortgagee had provided. (vi) MAC agrees that if Tenant defaults in the performance of one or more of Tenant’s obligations under this Lease and MAC gives a notice of default as contemplated by Section 19 [Default], the leasehold mortgagee has the right, as far as MAC is concerned, to cure the default but nothing herein constitutes MAC’s assurance that Tenant will grant the mortgagee access to the Leased Property to cure any non- monetary default and the mortgagee should address this issue through the inclusion of appropriate provisions in the mortgage. (vii) Tenant must also grant the leasehold mortgagee a mortgage on ▇▇▇▇▇▇’s right, title, and interests, if any, in and to any Improvements. (viii) In the leasehold mortgage, the mortgagee must expressly acknowledge and ...

Collateral Assignments. Each of the following:

Collateral Assignments. Borrowers shall execute and deliver or cause the execution and delivery of the Collateral Assignment.