Common use of Assignment by Lender Clause in Contracts

Assignment by Lender. This Guaranty is for the benefit of Lender and Lender’s successors and permitted assigns, and in the event of an assignment of the Loan and the Loan Documents, or any part thereof, in accordance with the terms of the Loan Agreement, the rights and benefits hereunder may be transferred with such assignment (and only as part of such assignment). Guarantor waives notice of any transfer or assignment of the Loan or the Loan Documents, or any part thereof, and agrees that failure to give notice will not affect the liabilities of Guarantor hereunder.

Appears in 5 contracts

Samples: Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.)

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Assignment by Lender. This Guaranty is for the benefit of Lender and Lender’s successors and permitted assigns, and in the event of an assignment of the Loan and the Loan DocumentsGuaranteed Obligations, or any part thereof, in accordance with the terms of the Loan Agreement, the rights and benefits hereunder hereunder, to the extent applicable to the Guaranteed Obligations so assigned, may be transferred with such assignment (and only as part of such assignment)Guaranteed Obligations. Guarantor waives notice of any transfer or assignment of the Loan or the Loan DocumentsGuaranteed Obligations, or any part thereof, and agrees that failure to give notice will not affect the liabilities of Guarantor hereunder.

Appears in 2 contracts

Samples: American Realty Capital Trust III, Inc., Moody National REIT I, Inc.

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Assignment by Lender. This Guaranty is for the benefit of Lender and Lender’s successors and permitted assigns, and in the event of an assignment of the Loan and the Loan Documents, or any part thereof, in accordance with the terms of the Loan Agreement, the rights and benefits hereunder may be transferred with such assignment (and only as part of such assignment). Guarantor waives notice of any transfer or assignment of the Loan or the Loan Documents, or any part thereof, and agrees that failure to give notice will not affect the liabilities of Guarantor hereunder.

Appears in 2 contracts

Samples: Brookfield DTLA Fund Office Trust Investor Inc., Brookfield DTLA Fund Office Trust Investor Inc.

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