Common use of Transfer and Assumption Clause in Contracts

Transfer and Assumption. (a) Notwithstanding the foregoing, Borrower shall have the right to Transfer the Property to another party (the "Transferee Borrower") and have the Transferee Borrower assume all of Borrower's obligations under the Loan Documents, and have replacement guarantors and indemnitors assume all of the obligations of the indemnitors and guarantors of the Loan Documents and the Master Lease (collectively, a "Transfer and Assumption"). Borrower may make a written application to Lender for Lender's consent to the Transfer and Assumption, subject to the conditions set forth in paragraphs (b) and (c) of this Section 5.26.

Transfer and Assumption. (a) Notwithstanding the foregoingforegoing and subject to the terms and satisfaction of all the conditions precedent set forth in this Section 5.26.2, Borrower shall have the a right to Transfer the Property to another party (the "“Transferee Borrower"”) and have the Transferee Borrower assume all of Borrower's ’s obligations under the Loan Documents, and have replacement guarantors and indemnitors assume all of the obligations of the indemnitors and guarantors of the Loan Documents and the Master Lease (collectively, a "“Transfer and Assumption"”). Borrower may make a written application to Lender for Lender's ’s consent to the Transfer and Assumption, subject to the conditions set forth in paragraphs (b) and (c) of this Section 5.26.

Transfer and Assumption. (a) Notwithstanding the foregoing, Borrower shall have the a one-time right to Transfer the Property to another party (the "“Transferee Borrower"”) and have the Transferee Borrower assume all of Borrower's ’s obligations under the Loan Documents, and have replacement guarantors and indemnitors assume all of the obligations of the indemnitors and guarantors of the Loan Documents and the Master Lease (collectively, a "“Transfer and Assumption"”). Borrower may make a written application to Lender for Lender's ’s consent to the Transfer and Assumption, subject to the conditions set forth in paragraphs (b) and (c) of this Section 5.26.

Transfer and Assumption. (a) Notwithstanding the foregoing, Borrower shall have the a one-time right to Transfer the Property to another party (the "Transferee BorrowerTRANSFEREE BORROWER") and have the Transferee Borrower assume all of Borrower's obligations under the Loan Documents, and have replacement guarantors and indemnitors assume all of the obligations of the indemnitors and guarantors of the Loan Documents and the Master Lease (collectively, a "Transfer and AssumptionTRANSFER AND ASSUMPTION"). Borrower may make a written application to Lender for Lender's consent to the Transfer and Assumption, subject to the conditions set forth in paragraphs (b) and (c) of this Section 5.265.