Common use of Lender Approval Clause in Contracts

Lender Approval. In the event that, pursuant to the terms of any loan agreement, security agreement, deed of trust or other agreement existing at any time between the Partnership and any lender, the approval of such lender is required prior to the time that any transfer or assignment of any Partnership Interest in the Partnership may occur, then, notwithstanding any provision of this Article VII to the contrary, no transfer or assignment of any Partnership Interest in the Partnership shall occur until all required approvals and/or consents of any such lender have been obtained.

Appears in 3 contracts

Samples: Partnership Agreement (CBL/Regency I, LLC), Partnership Agreement (CBL/Regency I, LLC), Partnership Agreement (CBL/Regency I, LLC)

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Lender Approval. In the event that, pursuant to the terms of any loan agreement, security agreement, deed of trust or other agreement existing at any time between the Partnership and any lender, the approval of such lender is required prior to the Ihe time that any transfer or assignment of any Partnership Interest in the Partnership may occur, then, notwithstanding any provision of this Article VII to the contrary, no transfer or assignment of any Partnership Interest in the Partnership shall occur until all ail required approvals and/or consents of any such lender have been obtained.

Appears in 1 contract

Samples: Partnership Agreement (CBL & Associates Limited Partnership)

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Lender Approval. In the event that, pursuant to the terms of any loan agreement, security agreement, deed of trust or other agreement existing at any time between the Partnership and any lender, the approval of such lender is required prior to the time that any transfer or assignment of any Partnership Interest in the Partnership may occur, then, notwithstanding any provision of this Article VII VIII to the contrary, no transfer or assignment of any Partnership Interest in the Partnership shall occur until all required approvals and/or consents of any such lender have been obtained.

Appears in 1 contract

Samples: CBL/Regency I, LLC

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