Common use of Assignment and Participation Clause in Contracts

Assignment and Participation. No Lender shall be permitted to assign or sell all or any portion of its rights and obligations under this Agreement to Borrower or any Affiliate of Borrower.

Appears in 11 contracts

Samples: Loan Agreement (Taubman Centers Inc), Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Loan Agreement (NNN Healthcare/Office REIT, Inc.)

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Assignment and Participation. No Lender shall be permitted to assign or sell all or any portion of its rights and obligations under this Agreement to any Borrower or any Affiliate of any Borrower.

Appears in 4 contracts

Samples: Secured Loan Agreement (CNL Healthcare Properties, Inc.), Secured Loan Agreement (Sentio Healthcare Properties Inc), Secured Loan Agreement (Sentio Healthcare Properties Inc)

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Assignment and Participation. No Lender shall be permitted to assign or sell all or any portion of its rights and obligations under this Agreement to Borrower or any Affiliate affiliate of Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Windrose Medical Properties Trust), Loan Agreement (Windrose Medical Properties Trust), Loan Agreement (Windrose Medical Properties Trust)

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