Common use of Lender’s Rights to Sell or Securitize Clause in Contracts

Lender’s Rights to Sell or Securitize. Guarantor acknowledges that Lender, and each successor to Lender’s interest, may (without prior Notice to Guarantor or Guarantor’s prior consent), sell or grant participations in the Loan (or any part of the Loan), sell or subcontract the servicing rights related to the Loan, securitize the Loan or place the Loan in a trust. Subject to the terms of Section 23 above, Guarantor, at its expense, agrees to cooperate with all reasonable requests of Lender in connection with any of the foregoing, including taking each of the following actions:

Appears in 17 contracts

Samples: Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc.

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