Common use of Transfer of Loan Clause in Contracts

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them), this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securities. Indemnitee may forward to each Investor and prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the Properties, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees to cooperate with Indemnitee in connection with any transfer made or Securities issued pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such Indemnitor and any guarantor and any and all information concerning the Properties and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 2 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)

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Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)Mortgage, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securitiesmortgage pass-through certificates. Indemnitee may forward to each Investor and each prospective InvestorInvestor and any servicer, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the Propertiesany Property, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees to cooperate cooperate, and agrees to cause any guarantor to cooperate, with Indemnitee in connection with any transfer made or Securities issued pursuant to this SectionSection 16, including, without limitation, including the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Indemnitor shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors, such prospective Investors or such prospective Investorsany servicer, any and all information concerning the financial condition of such Indemnitor and any guarantor and any and all information concerning the Properties each Property and the Leases as may be requested by Indemnitee, any servicer, any Investor or any prospective Investor in connection with any outsourcing of servicing, sale, transfer or participation interest. No exercise by Indemnitee of any transfer rights pursuant to the Loan Documents shall operate to release or diminish the duties, obligations or liabilities of Indemnitor under this Agreement unless any such release is expressly granted in writing by Indemnitee.

Appears in 2 contracts

Samples: Environmental Indemnity Agreement (Mission West Properties Inc), Environmental Indemnity Agreement (Mission West Properties Inc)

Transfer of Loan. Indemnitee Lender may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them), this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securitiesengage in a Securitzation. Indemnitee Lender may forward to each Investor purchaser, transferee, assignee, servicer or participant (the foregoing entities hereinafter collectively referred to as the “Interested Parties”) and all prospective InvestorInterested Parties, their counsel and advisors and to any Rating Agencies, all documents and information which Indemnitee Lender now has or may hereafter acquire relating to each Indemnitor Indemnitors and the PropertiesMortgaged Property, whether furnished by such an Indemnitor, any other guarantor or otherwise, as Indemnitee Lender determines necessary or desirable. Each Indemnitor agrees Indemnitors and any guarantor agree to cooperate with Indemnitee Lender in connection with any transfer made or Securities issued pursuant to this SectionSection 18, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by IndemniteeLender. Indemnitors shall also furnish, and each Indemnitor Indemnitors and any guarantor hereby consents consent to Indemnitee Lender furnishing to such Investors Interested Parties or such prospective InvestorsInterested Parties, any and all information concerning the financial condition of such Indemnitor the Indemnitors and any guarantor and any and all information concerning the Properties and the Leases Mortgaged Property as may be requested by Indemnitee, any Investor or any prospective Investor furnished in connection with any sale, transfer or participation interestother Securitization.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (Alexion Pharmaceuticals Inc)

Transfer of Loan. (a) Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)Mortgage, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue mortgage pass through certificates or other securities evidencing a beneficial interest in a rated or unrated public offering or private placement (the "Securities"). Indemnitee may forward to each purchaser, transferee, assignee, servicer, participant or investor in such Securities or any credit rating agency rating such Securities (each of the foregoing entities hereinafter referred to as an "Investor") and each prospective Investor and prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor Indemnitor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees to cooperate with Indemnitee in connection with any transfer made or any Securities issued created pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Each Indemnitor shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing furnishing, to such Investors or such prospective Investors, any and all information concerning the financial condition of such Indemnitor and any guarantor and any and all information concerning the Properties Property and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (Lodging Fund REIT III, Inc.)

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)any Mortgage, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securitiesmortgage pass-through certificates. Indemnitee may forward to each Investor purchaser, transferee, assignee, servicer or participant (the foregoing entities hereinafter collectively referred to as the “Investor”) and each prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the Properties, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees and any guarantor agree to cooperate as set forth in, and in accordance with the terms of, the Loan Agreement with Indemnitee in connection with any transfer made or Securities issued pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Indemnitor shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such the Indemnitor and any guarantor and any and all information concerning the Properties and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer transfer, assignment or participation interest.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (BlueLinx Holdings Inc.)

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)Mortgage, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securitiesmortgage pass-through certificates. Indemnitee may forward to each Investor purchaser, transferee, assignee, servicer or participant (the foregoing entities hereinafter collectively referred to as the "Investor") and each prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirablereasonably necessary. Each Indemnitor agrees and any guarantor agree to cooperate with Indemnitee in connection with any transfer made or Securities issued pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Indemnitor shall also furnish, and each Indemnitor and any guarantor hereby consents consent to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such the Indemnitor and any guarantor and any and all information concerning the Properties Property and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Indemnity Agreement (Koger Equity Inc)

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Loan, the Note, the Loan Agreement, the Pledge Agreements (or either of them)Security Instrument, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue mortgage pass-through certificates or other securities evidencing a beneficial interest in a rated or unrated public offering or private placement (the “Securities”). Indemnitee may forward to each purchaser, transferee, assignee, servicer, participant or investor in such Securities or any credit rating agency rating such Securities (the foregoing entities hereinafter collectively referred to as the “Investor”) and each prospective Investor and prospective Investor, all documents and information (including but not limited to financial information) which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor Indemnitor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees to cooperate with Indemnitee in In connection with any such sale, transfer made or Securities issued pursuant assignment of the Loan, Indemnitor further agrees that upon request by Indemnitee, Indemnitor shall, within 15 days after request by Lender, enter into such amendments or modifications to this SectionAgreement or any of the other Loan Documents, includingas applicable, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested required by Indemnitee. Indemnitors shall also furnish, and each Indemnitor hereby consents Indemnitee in order to Indemnitee furnishing to facilitate any such Investors or such prospective Investors, any and all information concerning the financial condition of such Indemnitor and any guarantor and any and all information concerning the Properties and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interestassignment without impairing Indemnitor’s rights or increasing Indemnitor’s obligations hereunder or under any of the other Loan Documents.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (NNN Apartment REIT, Inc.)

Transfer of Loan. (a) Indemnitee may, at any time, sell, transfer transfer, pledge or assign its rights under the Note, the Loan Agreement, the Pledge Agreements (or either of them)Security Instrument, this Agreement and the other Loan DocumentsDocuments to any Person, and any or all servicing rights with respect thereto, or grant participations therein or issue Securities. Indemnitee may forward to each Investor and prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees to cooperate with Indemnitee in connection with any transfer made or Securities issued pursuant to this SectionSection 17, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such the Indemnitor and any guarantor and any and all information concerning the Properties Property and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (Lodging Fund REIT III, Inc.)

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Transfer of Loan. Indemnitee Subject to Article IX of the Loan Agreement, (a) Lender may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)Security Instrument, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue mortgage pass-through certificates or other securities evidencing a beneficial interest in a rated or unrated public offering or private placement (the “Securities”). Indemnitee Lender may forward to each Investor purchaser, transferee, assignee, servicer, participant or investor in such Securities or any credit rating agency (the foregoing entities hereinafter collectively referred to as the “Investor”) and each prospective Investor, all documents and information which Indemnitee Lender now has or may hereafter acquire relating to each Indemnitor Guarantor and the PropertiesProperty, whether furnished by such IndemnitorGuarantor, any other guarantor or otherwise, as Indemnitee Lender determines reasonably necessary or desirable. Each Indemnitor Guarantor agrees to cooperate with Indemnitee Lender in connection with any transfer made or any Securities issued created pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by IndemniteeLender. Indemnitors Guarantor shall also furnish, and each Indemnitor Guarantor and any other guarantor hereby consents consent to Indemnitee Lender furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such Indemnitor the Guarantor and any other guarantor and any and all information concerning the Properties Property and the Leases as may be requested by IndemniteeLender, any Investor or any prospective Investor 14 in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Pacific Oak Strategic Opportunity REIT II, Inc.

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)Mortgage, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securitiesmortgage pass-through certificates. Indemnitee may forward to each Investor purchaser, transferee, assignee, servicer or participant (the foregoing entities hereinafter collectively referred to as the "Investor") and each prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees and any guarantor agree to cooperate with Indemnitee in connection with any transfer made or Securities issued pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Indemnitor shall also furnish, and each Indemnitor and any guarantor hereby consents consent to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such the Indemnitor and any guarantor and any and all information concerning the Properties Property and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (Wesco International Inc)

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the Note, the Loan Agreement, the Pledge Agreements (or either of them)Mortgage, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue Securitiesmortgage pass-through certificates. Indemnitee may forward to each Investor and each prospective InvestorInvestor and any servicer, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees to cooperate cooperate, and agrees to cause any guarantor to cooperate, with Indemnitee in connection with any transfer made or Securities issued pursuant to this SectionSection 16, including, without limitation, including the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Indemnitor shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors, such prospective Investors or such prospective Investorsany servicer, any and all information concerning the financial condition of such Indemnitor and any guarantor and any and all information concerning the Properties Property and the Leases as may be requested by Indemnitee, any servicer, any Investor or any prospective Investor in connection with any outsourcing of servicing, sale, transfer or participation interest. No exercise by Indemnitee of any transfer rights pursuant to the Loan Documents shall operate to release or diminish the duties, obligations or liabilities of Indemnitor under this Agreement unless any such release is expressly granted in writing by Indemnitee.

Appears in 1 contract

Samples: Environmental Indemnity Agreement (GTJ REIT, Inc.)

Transfer of Loan. (a) Indemnitee may, at any time, sell, transfer transfer, pledge or assign its rights under the Note, the Loan Agreement, the Pledge Agreements (or either of them)Security Instrument, this Agreement and the other Loan DocumentsDocuments to any Person, and any or all servicing rights with respect thereto, or grant participations therein or issue Securities. Indemnitee may forward to each Investor and prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the PropertiesProperty, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines reasonably necessary or desirable. Each Indemnitor agrees to cooperate cooperate, subject to Sections 9.2 and 9.4 of the Loan Agreement, with Indemnitee in connection with any transfer made or Securities issued pursuant to this SectionSection 17, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such the Indemnitor and any guarantor and any and all information concerning the Properties Property and the Leases as may be reasonably requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)

Transfer of Loan. Indemnitee may, at any time, sell, transfer or assign the NoteNotes, the Loan Credit Agreement, the Pledge Agreements (or either of them)Mortgages, this Agreement and the other Loan Documents, and any or all servicing rights with respect thereto, or grant participations therein or issue SecuritiesMortgages pass-through certificates. Indemnitee may forward to each Investor purchaser, transferee, assignee, servicer or participant (the foregoing entities hereinafter collectively referred to as the “Investor”) and each prospective Investor, all documents and information which Indemnitee now has or may hereafter acquire relating to each Indemnitor and the Properties, whether furnished by such Indemnitor, any other guarantor or otherwise, as Indemnitee determines necessary or desirable. Each Indemnitor agrees and any guarantor agree to cooperate with Indemnitee in connection with any transfer made or Securities issued pursuant to this Section, including, without limitation, the delivery of an estoppel certificate required in accordance with the Loan Agreement and such other documents as may be reasonably requested by Indemnitee. Indemnitors Indemnitor shall also furnish, and each Indemnitor hereby consents to Indemnitee furnishing to such Investors or such prospective Investors, any and all information concerning the financial condition of such the Indemnitor and any guarantor and any and all information concerning the Properties and the Leases as may be requested by Indemnitee, any Investor or any prospective Investor in connection with any sale, transfer or participation interest.

Appears in 1 contract

Samples: Security Agreement (Campus Crest Communities, Inc.)

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