Ground Lease Assignable. The applicable Individual Borrowers’ respective interests in the Ground Leases are assignable to Lender upon notice to, but without the consent of, the applicable Ground Lessors (or, if any such consent is required, it has been obtained prior to the Closing Date). Each Ground Lease is further assignable by Lender, its successors and assigns without the consent of the applicable Ground Lessor.
Ground Lease Assignable. Borrower’s interest in the Ground Lease is assignable to Lender upon notice to (and with a copy of the instrument), but without the consent of, the Ground Lessor (or, if any such consent is required, it has been obtained prior to the Closing Date). The Ground Lease is further assignable (after foreclosure or deed in lieu of foreclosure) by Lender, its successors and assigns without the consent of the Ground Lessor.
Ground Lease Assignable. Borrower’s interest in such Ground Lease is assignable to Lender, the purchaser at any foreclosure sale or the transferee under a deed or assignment in lieu of foreclosure in connection with the foreclosure of the Lien of the related Mortgage or transfer of Borrower’s leasehold estate by deed or assignment in lieu of foreclosure, in each case, without the consent of the Ground Lessor thereunder. After any assignment pursuant to the foregoing, such Ground Lease is further assignable by the applicable transferee and its successors and assigns without the consent of the Ground Lessor thereunder.
Ground Lease Assignable. El Con Mortgage Borrower’s interest in the Ground Lease is assignable without the consent of the Ground Lessor to Mortgage Lender, the purchaser at any foreclosure sale or the transferee under a deed or assignment in lieu of foreclosure in connection with the foreclosure of the Lien of the related Mortgage or transfer of El Con Mortgage Borrower’s leasehold estate by deed or assignment in lieu of foreclosure. Thereafter, the Ground Lease is further assignable by such transferee and its successors and assigns without the consent of the Ground Lessor.
Ground Lease Assignable. Borrower’s interest in the Ground Lease is assignable without the consent of the Ground Lessor to Lender, the purchaser at any foreclosure sale or the transferee under a deed or assignment in lieu of foreclosure in connection with the foreclosure of the Lien of the Mortgage or transfer of Borrower’s leasehold state by deed or assignment in lieu of foreclosure. In connection with the first assignment thereafter, the Ground Lease is further assignable by such transferee and its successors and assigns without the consent of the Ground Lessor, subject to the provisions of Section 11.1(b) of the Ground Lease.
Ground Lease Assignable. After Lender complies with Section 15.2 of the Ground Lease, any sale of the Ground Lease and of the leasehold estate created thereby in any proceeding for the foreclosure of the Security Instrument shall be deemed to be a permitted sale, transfer or assignment of the Ground Lease and of the leasehold estate created thereby.
Ground Lease Assignable. Each Borrower’s interest in any Ground Lease may be encumbered by the Lien of the Mortgage and Administrative Agent on behalf of the Lenders may exercise Administrative Agent’s remedies under the Loan Documents, at law and in equity without the consent of the ground lessor. Except as described on Schedule 7.31, each Borrower’s interest in any Ground Lease is assignable to Administrative Agent upon notice to, but without the consent of, the ground lessor (or, if any such consent is required, it has been obtained prior to the Closing Date and delivered to Administrative Agent in a form and substance reasonably satisfactory to Administrative Agent).
Ground Lease Assignable. Mortgage Borrower’s interest in the Ground Lease is assignable without the consent of the ground lessor to Mortgage Lender, the purchaser at any foreclosure sale or the transferee under a deed or assignment in lieu of foreclosure in connection with the foreclosure of the Lien of the related Mortgage or transfer of Mortgage Borrower’s leasehold state by deed or assignment in lieu of foreclosure. Thereafter, the Ground Lease relating to the Individual Property located in Englewood, New Jersey is further assignable by such transferee and its successors and assigns with the consent of the ground lessor which consent shall not be unreasonably withheld provided that certain conditions set forth in the related Ground Lease are met.
Ground Lease Assignable. Mortgage Borrower’s interest and Borrower’s interest (if any) in the Ground Lease is assignable to Agent and the Lenders upon notice to, but without the consent of, the ground lessor (or, if any such consent is required, it has been obtained prior to the Closing Date). The Ground Lease is further assignable by Agent or the Lenders, its successors and assigns without the consent of the ground lessor. The Ground Lease permits the interest of the lessee thereunder to be encumbered by a leasehold mortgage and contains no restrictions on the identity of a leasehold mortgagee.
Ground Lease Assignable. Borrower’s interest in the Ground Lease is assignable without the consent of the Ground Lessor to Lender, the purchaser at any foreclosure sale or the transferee under a deed or assignment in lieu of foreclosure in connection with the foreclosure of the Lien of the Mortgage or transfer of Borrower’s leasehold state by deed or assignment in lieu of foreclosure. Thereafter, the Ground Lease relating to the Individual Property located in Englewood, New Jersey is further assignable by such transferee and its successors and assigns with the consent of the Ground Lessor which consent shall not be unreasonably withheld provided that certain conditions set forth in the related Ground Lease are met.
