Common use of Binding Effect; No Borrower Assignment Clause in Contracts

Binding Effect; No Borrower Assignment. This Agreement will be binding upon and inure to the benefit of Borrower and Lender and their respective heirs, executors, administrators, successors and assigns, provided however Borrower may not assign its rights or interests in this Agreement without the prior consent of Lender, which may be withheld in Lender’s discretion as provided in the Mortgage.

Appears in 7 contracts

Samples: Loan Agreement (Inland American Real Estate Trust, Inc.), Loan Agreement (Inland American Real Estate Trust, Inc.), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

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Binding Effect; No Borrower Assignment. This Agreement and any other Loan Document will be binding upon and inure to the benefit of Borrower and Lender and their respective heirs, executors, administrators, successors and assigns, provided however Borrower may not assign its rights or interests in this Agreement without the prior consent of Lender, which may be withheld in Lender’s 's discretion as provided in the Mortgage.

Appears in 1 contract

Samples: Loan Agreement (Simon Transportation Services Inc)

Binding Effect; No Borrower Assignment. This Agreement will be binding upon and inure to the benefit of Borrower and Lender and their respective heirs, executors, administrators, successors successors, and assigns, provided however Borrower may not assign its rights or interests interest in this Agreement without the Lender’s prior consent of Lenderconsent, which may be withheld in Lender’s discretion as provided in the Mortgage.

Appears in 1 contract

Samples: Loan Agreement (Inland Residential Properties Trust, Inc.)

Binding Effect; No Borrower Assignment. This Agreement will be binding upon and inure to the benefit of Borrower and Lender and their respective heirs, executors, administrators, successors successors, and assigns, provided however Borrower may not assign its rights or interests interest in this Agreement without the Lender’s prior consent of Lenderconsent, which may be withheld in Lender’s discretion as provided in the MortgageDeed of Trust.

Appears in 1 contract

Samples: Loan Agreement (Inland Residential Properties Trust, Inc.)

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Binding Effect; No Borrower Assignment. This Agreement will be binding upon and inure to the benefit of Borrower and Lender and their respective heirs, executors, administrators, successors and assigns, ; provided however Borrower may not assign its rights or interests in this Agreement without the prior consent of Lender, which may be withheld in Lender’s discretion as provided in the Mortgage.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)

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