Assignment to Lender. The Member recognizes and agrees that this Agreement is subject to a certain Collateral Assignment of Leases and Occupancy Agreements between the Corporation and its lending institutions and further agrees to accept and recognize these lenders’ rights under said Assignment in the event those rights are exercised.
Appears in 5 contracts
Samples: Member Occupancy Agreement, Member Occupancy Agreement, Member Occupancy Agreement
Assignment to Lender. The Member recognizes and agrees that this Agreement is subject to a certain Collateral Assignment of Leases and Occupancy Agreements between the Corporation Cooperative and its lending institutions and further agrees to accept and recognize these lenders’ rights under said Assignment in the event those rights are exercised.
Appears in 2 contracts
Samples: Stonegate Cooperative Member Occupancy Agreement, Member Occupancy Agreement
Assignment to Lender. The Member recognizes and agrees that this Agreement is subject to a certain Collateral Assignment of Leases and Occupancy Lease Agreements between the Corporation and its lending institutions and further agrees to accept and recognize these lenders’ rights under said Assignment in the event those rights are exercised.
Appears in 1 contract
