Common use of Participations and Assignments Clause in Contracts

Participations and Assignments. Lender shall have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s or Lender’s obligations under this Security Instrument or the other Loan Documents.

Appears in 8 contracts

Samples: Ashford Hospitality Trust Inc, Mortgage, Security Agreement (Ashford Hospitality Trust Inc), Ashford Hospitality Prime, Inc.

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Participations and Assignments. Lender shall have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s 's or Lender’s 's obligations under this Security Instrument or the other Loan Documents.

Appears in 4 contracts

Samples: Parkway Properties Inc, Mortgage, Security Agreement (CNL Hotels & Resorts, Inc.), U Haul International Inc

Participations and Assignments. Lender shall shall, at no cost to Borrower, have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s or Lender’s rights or obligations under this Security Instrument or the other Loan Documents.

Appears in 3 contracts

Samples: Morgans Hotel Group Co., Morgans Hotel Group Co., Morgans Hotel Group Co.

Participations and Assignments. Lender shall have the right right, at no cost to Borrower, to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s or Lender’s obligations under this Security Instrument or the other Loan Documents.

Appears in 3 contracts

Samples: Grubb & Ellis Co, Grubb & Ellis Co, Grubb & Ellis Co

Participations and Assignments. Lender Lender, at its sole cost and expense, shall have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s or Lender’s obligations under this Security Instrument or the other Loan Documents.

Appears in 2 contracts

Samples: Pebblebrook Hotel Trust, Pebblebrook Hotel Trust

Participations and Assignments. Lender shall have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s or Lender’s obligations under this Security Instrument or the other Loan Documents.Documents or increase the Debt. ARTICLE XVIII: MISCELLANEOUS

Appears in 2 contracts

Samples: Deed Of (Lightstone Value Plus Real Estate Investment Trust, Inc.), Lightstone Value Plus Real Estate Investment Trust, Inc.

Participations and Assignments. Lender shall shall, at no cost to Borrower except as otherwise provided in Sections 18.29, 18.30 and 18.31 hereof have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s or Lender’s rights or obligations under this Security Instrument or the other Loan Documents.

Appears in 2 contracts

Samples: Agreement of Consolidation and Modification (Morgans Hotel Group Co.), Morgans Hotel Group Co.

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Participations and Assignments. Lender shall have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either BorrowerMortgagor’s or Lender’s obligations under this Security Instrument or the other Loan DocumentsDocuments or increase the Debt.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Participations and Assignments. Lender shall have the right right, at no cost to Borrower, to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either Borrower’s 's or Lender’s 's obligations under this Security Instrument or the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Etre Reit, LLC)

Participations and Assignments. Lender shall have the right to assign this Security Instrument and/or any of the Loan Documents, and to transfer, assign or sell participations and subparticipations (including blind or undisclosed participations and subparticipations) in the Loan Documents and the obligations hereunder to any Person; provided, however, that no such participation shall increase, decrease or otherwise affect either BorrowerGrantor’s or Lender’s obligations under this Security Instrument or the other Loan Documents.

Appears in 1 contract

Samples: RLJ Lodging Trust

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