Authority to Assign Clause Samples
Authority to Assign. Borrower represents and warrants that (a) Borrower has full right and authority to execute this Assignment and has no knowledge of any existing defaults under any of the existing Leases, (b) all conditions precedent to the effectiveness of said existing Leases have been satisfied, (c) Borrower has not executed or granted any modification of the existing Leases, either orally or in writing, (d) the existing Leases are in full force and effect according to the terms set forth in the lease instruments heretofore submitted to Lender and (e) Borrower has not executed any other instrument which might prevent Lender from operating under any of the terms and conditions of this Assignment, including any other assignment of the Leases or the rents, issues and profits from the Properties.
Authority to Assign. Borrower has such title to the Notes and Note Mortgages as it acquired, and full right and authority to pledge, assign and encumber the same.
Authority to Assign. The Company has a good right, full power and absolute authority to assign, transfer and set over legal and beneficial title to the Assigned Property to the Assignee in the manner contemplated by this Agreement;
Authority to Assign. The Seller has full right, power and authority to sell, assign and transfer the Mortgage Loans to Buyer. Except as set forth in Section 3.3 hereof, no governmental or regulatory approval or consent is required of Seller to transfer the Mortgage Loans and no bulk sale law applies to Seller's transfer of the Mortgage Loans. To Seller's Knowledge, and except for any provision requiring written notice to the Borrower, the Loan Documents contain no provision limiting the right or ability of the holder of the Mortgage Loan to assign, transfer and convey the Mortgage Loan to any other person or entity.
Authority to Assign. The Assignor has the power and authority to assign the legal and beneficial title to the Assigned Property to the Assignee in the manner contemplated by this Assignment.
Authority to Assign. Borrower represents and warrants that (a) Borrower has full right and authority to execute this Assignment and has no knowledge of any existing material defaults under any of the existing Leases; (b) all material conditions precedent to the effectiveness of said existing Leases have been satisfied;