Assignment to Lender. The Member recognizes and agrees that this Agreement is subject to a certain Collateral Assignment of Leases and Occupancy Agreements between the Corporation and its lending institutions and further agrees to accept and recognize these lenders’ rights under said Assignment in the event those rights are exercised.
Assignment to Lender. In the event of the foreclosure of this Mortgage or other transfer of the title to the Property in extinguishment of the Loan, all right, title and interest of Borrower in and to any insurance policy, or premiums or payments in satisfaction of claims or any other rights under these insurance policies and any other insurance policies covering the Property shall pass to the transferee of the Property, except to the extent such coverage is provided pursuant to a blanket policy or policies maintained by FECI covering FECI and all of its subsidiaries, including Flagler Development Company, as Borrower.
Assignment to Lender. In the event of the foreclosure of this Mortgage or other transfer of the title to the Property in extinguishment of the Secured Indebtedness, all right, title and interest of Borrower in and to any insurance policy, or premiums or payments in satisfaction of claims or any other rights under these insurance policies and any other insurance policies covering the Property shall pass to the transferee of the Property.
Assignment to Lender. Tenant acknowledges that the Landlord may execute and deliver to Lender an assignment of the Lease as security for the Loan and Lender may assign the Loan to Xxxxxxx Mac. Tenant expressly consents to such assignments.
Assignment to Lender. In the event of the foreclosure of this Mortgage or other transfer of the title to the Property in extinguishment of the Loan, all right, title and interest of Borrower in and to any insurance policy, or premiums or payments in satisfaction of claims or any other rights under these insurance policies and any other insurance policies covering the Property shall pass to the transferee of the Property, except to the extent such coverage is provided pursuant to a blanket policy or policies maintained by FECI covering FECI and all of its subsidiaries, including Gran Central-Deerwood North, LLC, as Borrower.
Assignment to Lender. Tenant acknowledges that the Landlord may execute and deliver to Lender an assignment of the Lease as security for the Loan and Lender may assign the Loan to _____________________. Tenant expressly consents to such assignments.
Assignment to Lender. Subject to Sublessee's rights under this Agreement, Owner Trustee and Sublessor may at any time grant Security Interests over the Aircraft and the benefit of this Agreement, the other Transaction Documents and any other agreement related to the Aircraft to any lender as security for Owner Trustee's obligations to such lender. Owner Trustee's rights to grant any such Security Interests shall be subject only to receipt by Sublessee of an acknowledgment from or on behalf of Lender relating to quiet enjoyment by Sublessee of the Aircraft as referred to in Clause 25.4.2.
Assignment to Lender. Borrower hereby assigns, sets over and transfers to Lender all Insurance Proceeds and Taking Proceeds and authorizes payment of such Proceeds to be made directly to Lender. Lender may, in its sole discretion, apply such Proceeds to either of the following, or any combination thereof:
Assignment to Lender. Borrower hereby assigns, sets over and transfers to Lender all Insurance Proceeds and Taking Proceeds and authorizes payment of such Insurance Proceeds and Taking Proceeds to be made directly to Lender. Lender shall apply the Insurance Proceeds and Taking Proceeds first to pay all expenses incurred by Lender in connection with the Casualty or Taking, including, without limitation, attorney's fees and title fees.
Assignment to Lender. The provisions of Section 3.2 of the Security Instrument are hereby incorporated by reference into this Agreement to the same extent and with the same force as if fully set forth herein.
