Common use of Successors and Assigns Bound Clause in Contracts

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 76 contracts

Samples: And Security Agreement (Maxus Realty Trust Inc.), And Security Agreement (VMS National Properties Joint Venture), And Security Agreement (Davidson Income Real Estate Lp)

AutoNDA by SimpleDocs

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender Xxxxxx and BorrowerXxxxxxxx. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 29 contracts

Samples: And Security Agreement, And Security Agreement (NTS Realty Holdings Lp), And Security Agreement (Paladin Realty Income Properties Inc)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and BorrowerLendxx xxx Borrxxxx. HoweverXxwever, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 5 contracts

Samples: And Security Agreement (Roberts Realty Investors Inc), Replacement Reserve and Security Agreement (American Retirement Villas Properties Iii LTD Partnership), Replacement Reserve and Security Agreement (Arv Assisted Living Inc)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender Lxxxxx and BorrowerBxxxxxxx. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 3 contracts

Samples: And Security Agreement (NTS Realty Holdings Lp), Rents and Security Agreement and Fixture Filing (Capital Senior Living Corp), And Security Agreement (Emeritus Corp\wa\)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and BorrowerGuarantor. However, a Transfer not permitted by Section 21 16 shall be an Event of Default.Default.β€Œ

Appears in 2 contracts

Samples: archivemhc.com, archivemhc.com

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower, each to the extent assignment is permitted hereunder. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 1 contract

Samples: Leases and Security Agreement (Steadfast Income REIT, Inc.)

AutoNDA by SimpleDocs

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender Xxxxxx and BorrowerGrantor. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 1 contract

Samples: Security Agreement and Fixture (Brookdale Living Communities Inc)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower. However, a Transfer not permitted by Section 21 shall be an Event of DefaultDxxxxxx.

Appears in 1 contract

Samples: Security Agreement (Secured Investment Resources Fund Lp Iii)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower. However, a Transfer not permitted by Section 21 shall be an Event of Default.. ________________________________________________________________________________ PAGE 33

Appears in 1 contract

Samples: Security Agreement (Maxus Realty Trust Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.