Common use of Pledge of Company’s Interest to Lender Clause in Contracts

Pledge of Company’s Interest to Lender. The Company shall have the right to pledge and assign its rights to and interest in this Lease Agreement and the Plans and Specifications to any Lender as security for the payment of the principal of and interest on the Loan. The Agency hereby acknowledges and consents to any such pledge and assignment by the Company.

Appears in 17 contracts

Samples: Lease and Project Agreement, Lease and Project Agreement, Lease and Project Agreement

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Pledge of Company’s Interest to Lender. The Company shall have the right to pledge and assign its rights to and interest in this Lease Agreement and the Plans and Specifications to any Lender as security for the payment of the principal of and interest on the LoanLoan (as hereinafter defined). The Agency hereby acknowledges and consents to any such pledge and assignment by the Company.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Lease and Project Agreement

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