Common use of Assignment of Operating Agreements Clause in Contracts

Assignment of Operating Agreements. As security for payment of the Loan and performance by Borrower of all Obligations, Borrower hereby transfers, sets over and assigns to Lender all of Borrower’s right, title and interest in and to the Operating Agreements to Lender for security purposes.

Appears in 4 contracts

Samples: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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Assignment of Operating Agreements. As security for payment of the Loan and performance by Borrower of all Obligations, Borrower hereby transfers, sets over and assigns to Lender all of Borrower’s 's right, title and interest in and to the Operating Agreements to Lender for security purposes.

Appears in 3 contracts

Samples: Loan Agreement (Consolidated Capital Properties Iv), Loan Agreement (Corporate Property Associates 16 Global Inc), Loan Agreement (Capital Senior Living Corp)

Assignment of Operating Agreements. As security for payment of the Loan and performance by Borrower of all Obligations, Borrower hereby transfers, sets over and assigns to Lender all of Borrower’s 's right, title and interest in and to the Operating Agreements Agreements, if any, to Lender for security purposes.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Cole Credit Property Trust V, Inc.)

Assignment of Operating Agreements. As security for payment of the Loan and performance by Borrower of all Obligations, Borrower hereby transfers, sets over and assigns to Lender Lender, to the extent assignable, all of Borrower’s 's right, title and interest in and to the Operating Agreements to Lender for security purposes.

Appears in 2 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure Assets Trust)

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Assignment of Operating Agreements. As security for payment of the Loan and performance by Borrower of all Obligations, Borrower hereby transfers, sets over and assigns to Lender all of Borrower’s right, title and interest in and to the Operating Agreements to Lender for security purposespurposes to the fullest extent that the same are assignable.

Appears in 1 contract

Samples: Loan Agreement (CNL Hotels & Resorts, Inc.)

Assignment of Operating Agreements. As security for payment of the Loan and performance by Borrower of all Obligations, Borrower hereby transfers, sets over and assigns to Lender Lender, to the extent assignable, all of Borrower’s right, title and interest in and to the Operating Agreements to Lender for security purposes.

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure CO LLC)

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