Assignment of Leases - Borrower definition

Assignment of Leases - Borrower means, with respect to the Facility, ------------------------------- a first priority Assignment of Leases and Rents, in form and substance satisfactory to Lender in Lender's reasonable discretion, dated as of the Closing Date from Borrower, as assignor, to Lender, as assignee, assigning to Lender Borrower's interest in and to the Leases (as defined in the Mortgage) and the Rents (as defined in the Mortgage) with respect to the Facility as security for the Loan, as the same may thereafter from time to time be supplemented, amended, modified or extended by one or more written agreements supplemental thereto.
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Assignment of Leases - Borrower means an assignment of leases, rents and ------------------------------- security deposits executed by the Borrower or any Guarantor to secure the Obligations, each substantially in the form of Exhibit C with such modifications as may be necessary and appropriate in the opinion of counsel to the Agents to comply with the state law of the filing jurisdiction and as may be reasonably satisfactory to the Agents (provided any such modification does not materially and adversely affect the rights and benefits to be accorded to the Administrative Agent for the benefit of the Banks), as the same may be amended or terminated in accordance with their terms.
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Assignment of Leases - Borrower means, (i) with respect to each Non-Leased Facility and Leased Facility, a first priority Assignment of Leases and Rents, in form and substance satisfactory to Lender, dated as of the Closing Date from Borrower, as assignor, to Lender, as assignee, assigning to Lender all of Borrower's right, title and interest in and to the Leases and the Rents with respect to such Facility as security for the Loan, and (ii) with respect to the Joint Venture Facility, subsequent to Borrower acquiring the fee interest in the Joint Venture Facility, a first priority Assignment of Leases and Rents, in form and substance satisfactory to Lender in Lender's discretion assigning to Lender all of Borrower's right, title and interest in and to the Leases and the Rents with respect to such Facility as security for the Loan, as the same may thereafter from time to time be supplemented, amended, modified or extended by one or more written agreements supplemental thereto and "Assignments of Leases" means all such instruments collectively.
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Examples of Assignment of Leases - Borrower in a sentence

  • Borrower shall have executed and --------------------- delivered to Lender the Assignment of Leases - Borrower and Operator shall have executed and delivered to Lender the Assignment of Leases - Operator and the Assignments of Leases shall have been filed of record in the appropriate filing offices in the jurisdiction in which the Facility is located or irrevocably delivered to a title agent for such recordation.

  • The Mortgage, the Assignment of Leases ---------------------- (Borrower), the Assignment of Leases (Participating Lessee) and the Participating Lessee Estoppel, shall each have been recorded in the Official Public Records of Real Property of the County in which the Hotel Property is located with all filing fees and applicable mortgage or intangible taxes paid by Borrower.

  • Approved contractors will have to adhere to a set construction criteria to ensure the safety and longevity of the works.

  • Borrower shall have executed and delivered to Lender the Assignment of Leases - Borrower and Operator shall have executed and delivered to Lender the Assignment of Leases - Operator and the Assignments of Leases shall have been filed of record in the appropriate filing offices in the jurisdiction in which the Facility is located or irrevocably delivered to a title agent for such recordation.


More Definitions of Assignment of Leases - Borrower

Assignment of Leases - Borrower means, (i) with respect to each Non-Leased Facility and Leased Facility, a first priority Assignment of Leases and Rents, in form and substance satisfactory to Lender, dated as of the Closing Date from Borrower, as assignor, to Lender, as assignee, assigning to Lender all of Borrower's right, title and interest in and to the Leases and the Rents with respect to such Facility as security for the Loan, (ii) with respect to
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Related to Assignment of Leases - Borrower

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Assignment of Leases and Rents means each certain Assignment of Leases and Rents dated of even date herewith, by the Borrower in favor of the Agent on behalf of Lenders, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Lease Assignment has the meaning set forth in Section 3.6(d).

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Assignment and Conveyance An assignment and conveyance of the Mortgage Loans purchased on a Closing Date in the form annexed hereto as Exhibit 4.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Intellectual Property Assignment Agreement means, with respect to each Specified Business, an agreement in form and substance reasonably acceptable to Seller and Buyer, providing for the assignment of the Transferred Intellectual Property Related to such Specified Business.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • Assignment/Amendment We reserve the right to change this Service Agreement (including the price or to charge an additional fee) and to delegate any of Our obligations at Our sole discretion provided We give You thirty (30) days’ prior written notice of the changes. The changes will become effective thirty (30) days after We send You the notice. If You do not like the changes, You may cancel this Service Agreement. You may not change this Service Agreement or delegate any of Your obligations. Should certain terms or conditions in this Service Agreement be held to be invalid or unenforceable, the remainder of the terms and conditions in this Service Agreement shall remain valid. Transfer: This Service Agreement is not transferable by You. Responsibility for benefits owed to You: This is not an insurance policy; it is a Service Agreement. HomeServe will serve as Your point-of-contact for all questions or concerns. Our obligations under this Service Agreement are insured under a service contract reimbursement insurance policy. If We fail to pay or to deliver service on a claim within sixty (60) days after proof of loss has been filed, or in the event You cancel this Service Agreement and We fail to issue any applicable refund within sixty (60) days after cancellation, You are entitled to make a claim against the insurer, Virginia Surety Company, Inc., 000 Xxxx Xxxxxxx Xxxx., 11th Floor, Chicago, IL 60604, 0-000-000-0000. Our Liability: To the extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our parents, successors, affiliates, approved technicians and our and their officers, directors, employees, affiliates, agents and contractors shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per covered repair benefit limit set out above; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, including those caused by any fault, failure, delay or defect in providing services under this Service Agreement, and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NAW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES ONLY BY FINAL AND BINDING ARBITRATION OR IN SMALL CLAIMS COURT as follows: