Common use of Assignment and Assumption of the Loan Clause in Contracts

Assignment and Assumption of the Loan. Borrower shall not Transfer all or any portion of the Premises nor shall any of the Interest Owners Transfer all or any portion of their equity held in Borrower to another Person(s) except as may be expressly permitted in the Mortgage.

Appears in 7 contracts

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland American Real Estate Trust, Inc.), Loan Agreement (Inland American Real Estate Trust, Inc.)

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Assignment and Assumption of the Loan. Borrower The Borrowers shall not Transfer all or any portion of the Premises (or their tenant-in-common interest therein) nor shall any of the Interest Owners Transfer all or any portion of their equity held in Borrower the Borrowers to another Person(s) except as may be expressly permitted in the Mortgage.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (NNN 2002 Value Fund LLC)

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Assignment and Assumption of the Loan. Borrower shall not Transfer all or any portion of the Premises nor shall any of the Interest Owners Transfer all or any portion of their the equity held in Borrower to another Person(s) except as may be expressly permitted in the Mortgagethis Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Inland Residential Properties Trust, Inc.), Loan Agreement (Inland Residential Properties Trust, Inc.)

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