Note Assignment. In connection with each assignment of an Assigned Note, the Assigned Note shall be endorsed and delivered to the Agent, the assignment of the Assigned Note and the Note Collateral shall be recorded in the applicable land records and financing statements describing the Assigned Note and the Note Collateral shall be filed in the appropriate recording offices.
Appears in 2 contracts
Sources: Financing and Security Agreement (American Retirement Corp), Financing and Security Agreement (American Retirement Corp)