Examples of Assignment of Lease and Rents in a sentence
Without limitation of the preceding sentence, Tenant hereby specifically consents to any Assignment of Lease and Rents executed by Landlord to and for the benefit of the Lender named herein.
Any requirement of this Participation Agreement and any requirement of the Loan Agreement may be waived by Lessor, in whole or in part, at any time, subject to Lender's rights under the Assignment of Lease and Rents and the other Operative Documents.
To the extent not covered by the Lender's Title Policy, the Lender shall have received satisfactory evidence of the payment by the Lessee of all recording and filing fees and taxes with respect to any recordings or filings made of the Memorandum of Lease, the Mortgage, the Notice of Assignment of Lease and Rents and the Subordination and Nondisturbance Agreement for such Parcel.
Counterparts of the Mortgage (substantially in the form of Exhibit D-1 or D-2, as the case may be, attached hereto), duly executed by the Lessor and in recordable form, shall have been delivered to the Agent; and the Assignment of Lease and Rents (substantially in the form of Exhibit B attached hereto) in recordable form, duly executed by the Lessor, shall have been delivered to the Agent by the Lessor.
Lender is the holder of a Promissory Note dated ________________, 19__, in the original principal amount of $_________________ of Landlord, which is secured, inter alia, by a Mortgage and Security Agreement (the "Mortgage") and Assignment of Lease and Rents (the "Lease Assignment") covering premises more particularly described in the Mortgage (the "Premises").
If and to the extent that this Participation Agreement, the Loan Agreement, the Note, the Lease, the Assignment of Lease and Rents or the Mortgage constitutes an amendment, supplement, termination, waiver or other modification to any Operative Document, each of the parties hereto, by its execution of this Participation Agreement, shall be deemed to have given its written consent to such amendment supplement, termination, waiver or other modification.
The Lessor shall not assign, convey, encumber or otherwise transfer all or any portion of its right, title or interest in, to or under the Leased Property or the Lease (except pursuant to the Mortgages, the Assignment of Lease and Rents or pursuant to Article VI of the Lease) or any of the Operative Documents without obtaining the prior written consent of the Lender and the Lessee.
Execute and deliver a consent to Assignment of Lease and Rents with respect to any Leased Property existing if and when the Loan Agreement is entered into.
The Lessor shall not assign, convey, encumber or otherwise transfer all or any portion of its right, title or interest in, to or under the Leased Property or the Lease (except pursuant to any Mortgage, the Assignment of Lease and Rents or pursuant to ARTICLE XV of the Lease) or any of the Operative Documents without obtaining the prior written consent of the Credit Bank and the Lessee.
The Pledge Agreement and the Assignment of Lease and Rents and Negative Pledge create, as security for the Obligations, a valid and enforceable, perfected first priority security interest in and Lien on all of the Collateral, in favor of the Agent for the benefit of the Lenders, and subject to no other Liens other than Permitted Liens.