Assignment of Agreements - Borrower definition

Assignment of Agreements - Borrower means, with respect to the ----------------------------------- Facility, a first priority Assignment of Agreements Affecting Real Estate, in form and substance satisfactory to Lender in Lender's reasonable discretion, dated as of the Closing Date, from Borrower, as assignor, to Lender, as assignee, as the same may thereafter from time to time be supplemented, amended, modified or extended by one or more written agreements supplemental thereto.
View Source
Assignment of Agreements - Borrower means, (i) with respect to each Non-Leased Facility and Leased Facility, a first priority Assignment of Management Agreement and Agreements Affecting Real Estate, in form and substance satisfactory to Lender, dated as of the Closing Date, from Borrower, as assignor, to Lender, as assignee, (ii) with respect to any Joint Venture Facility, subsequent to Borrower acquiring the fee interest in such Joint Venture Facility, a first priority Assignment of Management Agreement and Agreements Affecting Real Estate, in form and substance satisfactory to Lender in Lender's discretion, from Borrower, as assignor, to Lender, as assignee, (iii) with respect to each Facility in Pennsylvania, a first and second Assignment of Management Agreement and Agreements Affecting Real Estate, in form and substance satisfactory to Lender, dated as of the Closing Date, from Borrower, as assignor, to Lender, as assignee, as the same may thereafter from time to time be supplemented, amended, modified or extended by one or more written agreements supplemental thereto and "Assignments of Agreements - Borrower" means all such instruments collectively.
View Source
Assignment of Agreements - Borrower means, (i) with respect to each Non-Leased Facility and Leased Facility, a first priority Assignment of Management Agreement and Agreements Affecting Real Estate, in form and substance satisfactory to Lender, dated as of the Closing Date, from Borrower, as assignor, to Lender, as assignee, and (ii) with respect to the Joint Venture Facility, subsequent to Borrower acquiring the fee interest in the Joint Venture Facility, a first priority Assignment of Management Agreement and Agreements Affecting Real Estate, in form and substance satisfactory to Lender in Lender's discretion, from Borrower, as assignor, to Lender, as assignee, as the same may thereafter from time to time be supplemented, amended, modified or extended by one or more written agreements supplemental thereto and "Assignments of Agreements - Borrower" means all such instruments collectively.
View Source

Examples of Assignment of Agreements - Borrower in a sentence

  • Borrower shall have executed ------------------------- and delivered to Lender the Assignment of Agreements - Borrower and Operator shall have executed and delivered to Lender the Assignment of Agreements -Operator and the Assignments of Agreements shall, to the extent prudent pursuant to local practice, have been filed of record in the appropriate filing offices in the jurisdiction in which the Facility is located or irrevocably delivered to a title agent for such recordation.

  • Borrower shall have executed and delivered to Lender the Assignment of Agreements - Borrower and Operator shall have executed and delivered to Lender the Assignment of Agreements -Operator and the Assignments of Agreements shall, to the extent prudent pursuant to local practice, have been filed of record in the appropriate filing offices in the jurisdiction in which the Facility is located or irrevocably delivered to a title agent for such recordation.

Related to Assignment of Agreements - Borrower

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Assignment of Management Agreement means that certain Assignment of Management Agreement and Subordination of Management Fees dated as of the Closing Date among Lender, Borrower and Manager, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.