Assignment of Agreements. Each applicable Borrower shall have executed and delivered to Lender the Assignments of Agreements, and the Assignments of Agreements shall, to the extent prudent pursuant to local practice, have been irrevocably delivered to an authorized title agent for the Title Insurer for such recordation in the appropriate filing offices in the jurisdiction in which the applicable Individual Property is located.
Appears in 19 contracts
Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Assignment of Agreements. Each applicable Borrower shall have executed and delivered to Lender the Assignments Assignment of Agreements, Agreements and the Assignments Assignment of Agreements shall, to the extent prudent pursuant to local practice, have been irrevocably delivered to an authorized title agent for the Title Insurer for such recordation filed of record in the appropriate filing offices in the jurisdiction in which the applicable Individual Property Facility is locatedlocated or irrevocably delivered to a title agent for such recordation.
Appears in 2 contracts
Samples: Loan Agreement (Mark Centers Trust), Loan Agreement (Burnham Pacific Properties Inc)
Assignment of Agreements. Each applicable Borrower shall have executed and delivered to Lender the Assignments Assignment of Agreements, and the Assignments Assignment of Agreements shall, to the extent prudent pursuant to local practice, have been irrevocably delivered to an authorized title agent for the Title Insurer for such recordation in the appropriate filing offices in the jurisdiction in which the applicable Individual Property is located.
Appears in 1 contract
Assignment of Agreements. Each applicable Borrower shall have executed and delivered to Lender the Assignments Assignment of Agreements, Agreements and the Assignments Assignment of Agreements shall, to the extent prudent pursuant to local practice, have been filed of record in the appropriate filing offices in the jurisdiction in which the Facility is located or irrevocably delivered to an authorized title agent for the Title Insurer for such recordation in the appropriate filing offices in the jurisdiction in which the applicable Individual Property is locatedrecordation.
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