Assignment of Construction Documents. As additional security for the obligations of Borrower under this Agreement and the other Loan Documents, Borrower hereby collaterally assigns, transfers and grants a security interest in ail of Borrower’s right, title, interest and benefits in or under the Construction Documents to Lender.
Appears in 2 contracts
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)
Assignment of Construction Documents. As additional security for the obligations of Borrower under this Agreement and the other Loan Documents, Borrower hereby collaterally assigns, assigns and transfers to Lender and grants to Lender a security interest in ail all of Borrower’s right, title, interest and benefits in or under the Construction Documents to Lenderand all development agreements. Borrower shall duly perform, observe, and comply with all obligations on Bxxxxxxx’s part contained in the Construction Documents and enforce and protect the rights and remedies of Borrower thereunder.
Appears in 2 contracts
Samples: Construction Loan and Security Agreement (Worldwide Stages, Inc.), Construction Loan and Security Agreement (Worldwide Stages, Inc.)
Assignment of Construction Documents. As additional security for the obligations of Borrower under this Agreement and the other Loan Documents, Borrower hereby collaterally assigns, assigns and transfers to Bank and grants to Bank a security interest in ail all of Borrower’s 's right, title, interest and benefits in or under the Construction Documents to Lenderand all Development Agreements.
Appears in 1 contract
Samples: Construction Loan Agreement (Arvida JMB Partners L P)
Assignment of Construction Documents. As additional security for the obligations of Borrower under this Agreement and the other Loan Documents, Borrower hereby collaterally assigns, transfers and grants to Lender a security interest in ail all of Borrower’s right, title, interest and benefits in or under the Construction Documents to LenderDocuments.
Appears in 1 contract
Samples: Loan Modification and Forbearance Agreement (Comstock Homebuilding Companies, Inc.)
Assignment of Construction Documents. As additional security for the obligations of Borrower under this Agreement and the other Loan Documents, Borrower hereby collaterally assigns, transfers and grants to Lender a security interest in ail all of Borrower’s right, title, interest and benefits in or under any construction documents executed in connection with the Conversion Project (“Construction Documents Documents”). At Lender’s request, Borrower shall execute and deliver to LenderLender an assignment of any specific contracts that Lender may identify.
Appears in 1 contract
