Common use of CONSENT TO PARTICIPATION Clause in Contracts

CONSENT TO PARTICIPATION. Bxxxxxxx agrees and consents to Lxxxxx’s sale or transfer, whether now or later, of one or more participation interests in the Loan to one or more purchasers, whether related or unrelated to Lender. Lender may provide, without any limitation whatsoever, to any one or more purchasers, or potential purchasers, any information or knowledge Lender may have about Borrower or about any other matter relating to the Loan, and Borrower hereby waives any rights to privacy Borrower may have with respect to such matters. Borrower additionally waives any and all notices of sale of participation interests, as well as all notices of any repurchase of such participation interests. Bxxxxxxx also agrees that the purchasers of any such participation interests will be considered as the absolute owners of such interests in the Loan and will have all the rights granted under the participation agreement or agreements governing the sale of such participation interests. Borrower further waives all rights of offset or counterclaim that it may have now or later against Lender or against any purchaser of such a participation interest and unconditionally agrees that either Lender or such purchaser may enforce Bxxxxxxx’s obligation under the Loan irrespective of the failure or insolvency of any holder of any interest in the Loan. Bxxxxxxx further agrees that the purchaser of any such participation interests may enforce its interests irrespective of any personal claims or defenses that Borrower may have against Lxxxxx.

CONSENT TO PARTICIPATION. Bxxxxxxx Borrower agrees and consents to Lxxxxx’s Bank's sale or transfer, whether now or later, of one or more participation interests in the Loan to one or more purchasers, whether related or unrelated to LenderBank. Lender Bank may provide, without any limitation whatsoever, to any one or more purchasers, or potential purchasers, any information or knowledge Lender Bank may have about Borrower or about any other matter relating to the Loan, and Borrower hereby waives any rights to privacy Borrower may have with respect to such matters. Borrower additionally waives any and all notices of sale of participation interests, as well as all notices of any repurchase of such participation interests. Bxxxxxxx Borrower also agrees that the purchasers of any such participation interests will be considered as the absolute owners of such interests in the Loan and will have all the rights granted under the participation agreement or agreements governing the sale of such participation interests. Borrower further waives all rights of offset or counterclaim that it may have now or later against Lender Bank or against any purchaser of such a participation interest and unconditionally agrees that either Lender Bank or such purchaser may enforce Bxxxxxxx’s Borrower's obligation under the Loan irrespective of the failure or insolvency of any holder of any interest in the Loan. Bxxxxxxx Borrower further agrees that the purchaser of any such participation interests may enforce its interests irrespective of any personal claims or defenses that Borrower may have against LxxxxxBank.

CONSENT TO PARTICIPATION. Bxxxxxxx Borrower agrees and consents to Lxxxxx’s Lender's sale or transfer, whether now or later, of or one or more participation interests interest in the Loan this loan to one or more purchasers, whether related or unrelated to Lender. Lender may provide, without any limitation whatsoever, to any one or more purchasers, or potential purchasers, any information or knowledge Lender may have about Borrower or about any other matter relating to the Loan, and Borrower hereby waives any rights to privacy Borrower it may have with respect to such matters. Borrower additionally waives any and all notices of sale of participation interestsinterest, as well as all notices of any repurchase of such participation interests. Bxxxxxxx Borrower also agrees that the purchasers of any such participation interests interest will be considered as the absolute owners of such interests in the Loan and will have all the rights granted under the participation agreement or agreements governing the sale of such participation interests. Borrower further waives all rights of offset or counterclaim that it may have now or later against Lender or against any purchaser of such a participation interest and unconditionally agrees that either Lender or such purchaser may enforce Bxxxxxxx’s Borrower's obligation under the Loan irrespective of the failure or insolvency of any holder of any interest in the Loan. Bxxxxxxx Borrower further agrees that the purchaser of any such participation interests may enforce its interests interest irrespective of any personal claims or defenses that Borrower may have against LxxxxxLender.

CONSENT TO PARTICIPATION. Bxxxxxxx Borrower agrees and consents to Lxxxxx’s Lender's sale or transfer, whether now or later, of or one or more participation interests interest in the Loan this loan to one or more purchasers, whether related or unrelated to Lender. Lender may provide, without any limitation whatsoever, to any one or more purchasers, or potential purchasers, any information or knowledge Lender may have about Borrower or about any other matter mailer relating to the Loan, and Borrower hereby waives any rights to privacy Borrower it may have with respect to such matters. Borrower additionally waives any and all notices of sale of participation interestsinterest, as well as all notices of any repurchase of such participation interests. Bxxxxxxx Borrower also agrees that the purchasers of any such participation interests interest will be considered as the absolute owners of such interests in the Loan and will have all the rights granted under the participation agreement or agreements governing the sale of such participation interests. Borrower further waives all rights of offset or counterclaim that it may have now or later against Lender or against any purchaser of such a participation interest and unconditionally agrees that either Lender or such purchaser may enforce Bxxxxxxx’s Borrower's obligation under the Loan irrespective of the failure or insolvency of any holder of any interest in the Loan. Bxxxxxxx Borrower further agrees that the purchaser of any such participation interests may enforce its interests interest irrespective of any personal claims or defenses that Borrower may have against LxxxxxLender.

CONSENT TO PARTICIPATION. Bxxxxxxx Borrower agrees and consents to Lxxxxx’s Lender's sale or transfer, whether now or later, of or one or more participation interests interest in the Loan this loan to one or more purchasers, whether related or unrelated to Lender. Lender may provide, without any limitation whatsoever, to any one or more purchasers, or potential purchasers, any information or knowledge Lender may have about Borrower or about any other matter relating to the Loan, and Borrower hereby waives any rights to privacy Borrower it may have with respect to such matters. Borrower additionally waives any and all notices of sale of participation interestsinterest, as well as all notices of any repurchase of such participation interests. Bxxxxxxx Borrower also agrees that the purchasers of any such participation interests interest will be considered as the absolute owners of such interests in the Loan and will have all the rights granted under the participation agreement or agreements governing the sale of such participation interests. Borrower further waives all rights of offset or counterclaim that it may have now or later against Lender or against any purchaser of such a participation interest and unconditionally agrees that either Lender or such purchaser may enforce Bxxxxxxx’s Borrower's obligation under the Loan irrespective of the failure or insolvency of any holder of any interest in the Loan. Bxxxxxxx Borrower further agrees that the purchaser of any such participation interests may enforce its interests interest irrespective of any personal claims or defenses that Borrower may have against LxxxxxLender.