Common use of Controlling Persons Clause in Contracts

Controlling Persons. Collectively, (a) Surety, (b) if Borrower is a partnership or joint venture, all general partners or joint venturers of Borrower, (c) if Borrower is a limited liability company, all managers or managing members of Borrower, (d) any other party directly or indirectly liable for payment of the Secured Obligations, whether as maker, endorser, guarantor, surety, general partner, or otherwise, and (e) any successor to any of the foregoing.

Appears in 1 contract

Sources: Open End Mortgage (Postal Realty Trust, Inc.)

Controlling Persons. Collectively, (a) Surety, (b) if Borrower Trustor is a partnership or joint venture, all general partners or joint venturers of BorrowerTrustor, (cb) if Borrower is a limited liability company, all managers or managing members of BorrowerGuarantor, (d) any c)any other party directly or indirectly liable for payment of the Secured Obligations, whether as maker, endorser, guarantor, surety, general partner, or otherwise, and (ed) any successor to any of the foregoing.

Appears in 1 contract

Sources: Deed of Trust, Security Agreement, Fixture Filing, Financing Statement and Assignment of Leases and Rents (Hudson Pacific Properties, Inc.)