Assignments to Trustee. It is understood and agreed that all right, title and interest of the Issuer in and to this Agreement (except for the Unassigned Issuer Rights), the Notes and the Mortgage are to be pledged and assigned by the Issuer to the Trustee as security for the Bonds under and pursuant to the Indenture. The Borrower consents to such pledge and assignment. The Issuer hereby directs the Borrower, and the Borrower agrees, to pay or cause to be paid to the Trustee at its designated corporate trust office all payments on the Loan pursuant to this Agreement and the Notes.
Assignments to Trustee. It is understood and agreed that all right, title and interest of the Issuer in and to this Loan Agreement (other than the Unassigned Issuer’s Rights) are to be pledged and assigned by the Issuer to the Trustee in trust as security for the Bonds under and pursuant to the Indenture. The Borrower consents to such pledge and assignment. The Issuer directs the Borrower, and the Borrower agrees, to pay or cause to be paid to the Trustee at its corporate trust office set forth in Section 13.01 of the Indenture, all payments so assigned pursuant to this Section.
Assignments to Trustee. All right, title and interest of the Agency in and to this Agreement (excepting the amounts payable to the Agency for its own purposes pursuant to Sections 4.01(d), 4.02(c), 4.02(d), 7.05 and the rights of the Agency to indemnification under Article VI hereof) are to be pledged and assigned by the Agency to the Trustee as security for the Bonds under and pursuant to the Indenture. The Developer consents to such pledge and assignment. The Agency directs the Developer, and the Developer agrees, to pay or cause to be paid to the Trustee at its principal corporate trust office all payments on the Loan pursuant to this Agreement.
Assignments to Trustee. It is understood and agreed that all right, title and interest of the City in and to this Agreement (excepting the amounts payable to the City directly for its own purposes under Sections 4.01(c), 5.02 and Section 6.01 hereof) are to be pledged and assigned by the City to the Trustee as security for the Bonds under and pursuant to the Indenture. The Owner consents to such pledge and assignment. The City directs the Owner, and the Owner agrees, to pay or cause to be paid to the Trustee at its principal corporate trust office all payments on the Loan pursuant to this Agreement, and Trustee's Expenses (as defined in the Indenture).
