Lender’s Right to Assign. Lender may assign, negotiate, pledge or otherwise hypothecate this Agreement or any of its rights and security hereunder, including the Note, Deed of Trust, and other Loan Documents to any bank, participant, financial institution, or any other person or entity and in case of such assignment, Borrower will accord full recognition thereto and agree that all rights and remedies of Lender in connection with the interest so assigned shall be enforceable against Borrower by such bank, participant, financial institution or any other person or entity with the same force and effect and to the same extent as the same would have been enforceable by Lender but for such assignment.
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Lender’s Right to Assign. Lender may assign, negotiate, pledge or otherwise hypothecate this Agreement or any of its rights and security hereunder, including the Promissory Note, Deed of TrustMortgage, and other Loan Documents to any bank, participant, financial institution, or any other person or entity and in case of such assignment, Borrower will accord full recognition thereto and agree that all rights and remedies of Lender in connection with the interest so assigned shall be enforceable against Borrower by such bank, participant, financial institution or any other person or entity with the same force and effect and to the same extent as the same would have been enforceable by Lender but for such assignment.
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Lender’s Right to Assign. Lender may grant participations in, sell, assign, negotiate, pledge or otherwise hypothecate this Agreement or any of its rights and security hereunder, including hereunder or under the Note, the Deed of Trust, Trust and the other Loan Documents to any bank, participant, participant or financial institution, or any other person or entity and in case of such assignment, Borrower will accord full recognition thereto and agree hereby agrees that all rights and remedies of Lender in connection with the interest so assigned shall be enforceable against Borrower by such bank, participant, participant or financial institution or any other person or entity with the same force and effect and to the same extent as the same would have been enforceable by Lender but for such assignmentLender.
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Sources: Construction and Term Loan Agreement (Horizon Group Properties Inc)
Lender’s Right to Assign. Lender may assign, negotiate, pledge or otherwise hypothecate this Agreement or any of its rights and security hereunder, including the Note, Deed of TrustMortgage, and other Loan Documents to any bank, participant, financial institution, or any other person or entity and in case of such assignment, Borrower will accord full recognition thereto and agree that all rights and remedies of Lender in connection with the interest so assigned shall be enforceable against Borrower by such bank, participant, financial institution or any other person or entity with the same force and effect and to the same extent as the same would have been enforceable by Lender but for such assignment.
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Sources: Loan Agreement (Cornerstone Growth & Income REIT, Inc.)
Lender’s Right to Assign. Lender may assign, negotiate, pledge or otherwise hypothecate this Agreement or any of its rights and security hereunder, including the Note, Deed and any of Trust, and the other Loan Documents to any bank, participant, participant or financial institution, or any other person or entity and in case of such assignment, Borrower will accord full recognition thereto thereto, and agree hereby agrees that all rights and remedies of Lender in connection with the interest so assigned shall be enforceable against Borrower by such bank, participant, participant or financial institution or any other person or entity with the same force and effect and to the same extent as the same would have been enforceable by Lender but for such assignment.
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