Assignments by Lender. (a) Lender may, without notice to, or consent of, Guarantor, sell, assign or transfer to or participate with any entity or entities all or any part of the indebtedness secured hereby in accordance with the Loan Agreement, and each such entity or entities shall have the right to enforce the provisions of this Agreement and any of the other Loan Documents as fully as Lender, provided that Lender shall continue to have the unimpaired right to enforce the provisions of this Agreement and any of the other Loan Documents as to so much of the indebtedness secured hereby that Lender has not sold, assigned or transferred. In connection with the foregoing, Lender shall have the right to disclose to any such actual or potential purchaser, assignee, transferee or participant all financial records, information, reports, financial statements and documents obtained in connection with this Agreement and any of the other Loan Documents or otherwise.
Appears in 2 contracts
Samples: Mezzanine Guaranty Agreement (Strategic Storage Trust II, Inc.), Guaranty Agreement (Strategic Storage Trust II, Inc.)
Assignments by Lender. (a) Lender may, without notice to, or consent of, GuarantorIndemnitors, sell, sell assign or transfer to or participate with any entity or entities all or any part of the indebtedness secured hereby in accordance with the Loan Agreementhereby, and each such entity or entities shall have the right to enforce the provisions of this Agreement and any of the other Loan Documents as fully as Lender, provided that Lender shall continue to have the unimpaired right to enforce the provisions of this Agreement and any of the other Loan Documents as to so much of the indebtedness secured hereby that Lender has not sold, assigned or transferred. In connection with the foregoing, Lender shall have the right to disclose to any such actual or potential purchaser, assignee, transferee or participant all financial records, information, reports, financial statements and documents obtained in connection with this Agreement and any of the other Loan Documents or otherwise.
Appears in 1 contract
Samples: Substances Indemnity Agreement (Moody National REIT I, Inc.)
Assignments by Lender. (a) Lender may, without notice to, or consent of, GuarantorIndemnitor, sell, sell assign or transfer to or participate with any entity or entities all or any part of the indebtedness secured hereby in accordance with the Loan Agreementhereby, and each such entity or entities shall have the right to enforce the provisions of this Agreement and any of the other Loan Documents as fully as Lender, provided that Lender shall continue to have the unimpaired right to enforce the provisions of this Agreement and any of the other Loan Documents as to so much of the indebtedness secured hereby that Lender has not sold, assigned or transferred. In connection with the foregoing, Lender shall have the right to disclose to any such actual or potential purchaser, assignee, transferee or participant all financial records, information, reports, financial statements and documents obtained in connection with this Agreement and any of the other Loan Documents or otherwise.
Appears in 1 contract
Samples: Indemnity and Guaranty Agreement (Moody National REIT I, Inc.)