Common use of Assignment by Lessee Clause in Contracts

Assignment by Lessee. Subject to the terms of the Nomura Loan -------------------- Agreement, the Lessee may, with the consent of the Lessor, assign its rights hereunder, including the Purchase Option, to any other Person so long as the Lessee remains fully liable for all of the obligations of the "Lessee" hereunder and under the other Operative Documents.

Appears in 3 contracts

Samples: Brookdale Living Communities Inc, Brookdale Living Communities Inc, Brookdale Living Communities Inc

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Assignment by Lessee. Subject to the terms of the Nomura Loan -------------------- Agreement, the Lessee may, with the consent of the Lessor, assign its rights hereunder, including the Purchase Option, to any other Person so long as the Lessee remains fully liable for all of the obligations of the "Lessee" hereunder and under the other Operative Documents.

Appears in 2 contracts

Samples: Brookdale Living Communities Inc, Brookdale Living Communities Inc

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Assignment by Lessee. Subject to the terms of the Nomura Loan -------------------- Agreement and the Mezzanine Loan Agreement, the Lessee may, with the consent of the Lessor, assign its rights hereunder, including the Purchase Option, to any other Person so long as the Lessee remains fully liable for all of the obligations of the "Lessee" hereunder and under the other Operative Documents.

Appears in 1 contract

Samples: Brookdale Living Communities Inc

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