Common use of Loan Participation Clause in Contracts

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan to one or more participants. Borrower authorizes Lender to disseminate any information it has pertaining to the Loan, including, without limitation, credit information on Borrower or any of its principals, to any such participant or prospective participant.

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and Loan Documents to one or more participants. Borrower authorizes Lender to disseminate to such participant or prospective participant, any information it has pertaining to the Loan, including, including without limitation, complete and current credit information on Borrower or Borrower, any of its principalsprincipals and Guarantor. Upon request, Borrower shall execute and deliver new or replacement promissory notes to any such participant or prospective participantLender and the assignee of Lender evidencing their respective prorata share of the Loan.

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and Loan Documents to one or more participants. Borrower authorizes Lender to disseminate any information it has pertaining to the Loan, including, without limitation, credit information on Borrower or any of its principals, to any such participant or prospective participant.more

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and Loan Documents to one or more participants. Borrower authorizes Lender to disseminate to such participant or prospective participant, any information it has pertaining to the Loan, including, including without limitation, complete and current credit information on Borrower or the Borrower; any of its principals, to principals and any such participant or prospective participantGuarantor.

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and Loan Documents to one or more participants. Borrower authorizes Lender to disseminate to such participant or prospective participant, any information it has pertaining to the Loan, including, including without limitation, complete and current credit information on Borrower or the Borrower, any of its principalsprincipals and Guarantor, to any provided that such participant or prospective participantparticipant shall agree to keep such information confidential.