Common use of Assignment to Lender Clause in Contracts

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.

Appears in 3 contracts

Sources: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Provident Senior Living Trust)

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 that Lender may further assign the Loan to _____________________Loan. Tenant expressly consents to such assignments.

Appears in 1 contract

Sources: Build to Suit and Lease Agreement (ArborGen Inc.)