Common use of Due on Sale or Encumbrance Clause in Contracts

Due on Sale or Encumbrance. It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without Lender’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in Lender’s sole discretion) any of the following shall occur:

Appears in 9 contracts

Samples: And Consolidated Mortgage and Security Agreement (Mack Cali Realty L P), And Consolidated Mortgage and Security Agreement (Mack Cali Realty L P), And Consolidated Mortgage and Security Agreement (Mack Cali Realty Corp)

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Due on Sale or Encumbrance. It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations Obligations, and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without Lender’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in Lender’s sole discretion) ), any of the following events set forth in Section 5.01 of the Loan Agreement shall occur:.

Appears in 8 contracts

Samples: Trust, Security Agreement and Fixture Filing (CNL Healthcare Properties, Inc.), Trust, Security Agreement and Fixture Filing (CNL Healthcare Properties, Inc.), Trust and Security Agreement (CNL Healthcare Properties, Inc.)

Due on Sale or Encumbrance. It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without LenderXxxxxx’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in LenderXxxxxx’s sole discretion) any of the following shall occur:

Appears in 4 contracts

Samples: And Consolidated Mortgage and Security Agreement (Mack Cali Realty Corp), And Consolidated Mortgage and Security Agreement (Mack Cali Realty L P), And Consolidated Mortgage and Security Agreement (Mack Cali Realty L P)

Due on Sale or Encumbrance. It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations Obligations, and the entire Obligations (including any Prepayment PremiumSpread Maintenance and/or Breakage Fee) shall become immediately due and payable, if, without Lender’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in Lender’s sole discretion) any of the following shall occur:

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Due on Sale or Encumbrance. It Except as expressly permitted in this Article V, it shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without LenderXxxxxx’s prior written consent (which consent may be given or withheld for any reason (or for no reason reason) or given conditionally, in LenderXxxxxx’s sole discretion) ), any of the following shall occur:

Appears in 1 contract

Samples: Trust and Security Agreement (Hines Real Estate Investment Trust Inc)

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Due on Sale or Encumbrance. It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations Obligations, and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without LenderXxxxxx’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in Lender’s sole discretion) ), any of the following events set forth in Section 5.01 of the Loan Agreement shall occur:.

Appears in 1 contract

Samples: Trust and Security Agreement (CNL Healthcare Trust, Inc.)

Due on Sale or Encumbrance. (a) It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without LenderXxxxxx’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in LenderXxxxxx’s sole discretion) any of the following shall occur:

Appears in 1 contract

Samples: Trust, Security Agreement and Fixture Filing (Saul Centers Inc)

Due on Sale or Encumbrance. (o) It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the Obligations Obligations, and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without Lender’s prior written consent (which consent may be given or withheld for any or for no reason or given conditionally, in Lender’s sole discretion) any of the following shall occur:

Appears in 1 contract

Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.)

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