Common use of Authority to File Notices Clause in Contracts

Authority to File Notices. Borrower irrevocably appoints, designates, and authorizes Administrative Agent as its agent (such agency being coupled with an interest) to file for record any notices of completion, cessation of labor, or any other notice that Lender deems necessary or desirable to protect its interest under this Agreement or under the Note, the Deed of Trust or any of the other Loan Documents.

Appears in 1 contract

Sources: Construction Loan Agreement (FC Global Realty Inc)

Authority to File Notices. Borrower irrevocably appoints, designates, and authorizes appoints Administrative Agent as at its agent (such agency being coupled attorney-in-fact, with an interest) full power of substitution, to file for record record, at the Borrower’s cost and expense and in Borrower’s name, any notices of completion, notices of cessation of labor, or any other notice notices that Lender deems Administrative Agent considers necessary or desirable to protect its interest under this Agreement or under the Note, the Deed of Trust or any of the other Loan Documentssecurity.

Appears in 1 contract

Sources: Loan Agreement (Grubb & Ellis Healthcare REIT, Inc.)

Authority to File Notices. Borrower irrevocably appoints, designates, and authorizes Administrative appoints Agent as its agent (such agency being coupled attorney-in-fact, with an interest) full power of substitution, to file for record record, at Borrower’s cost and expense and in Borrower’s name, any notices of completion, cessation of labor, or any other notice that Lender deems Agent considers reasonably necessary or desirable to protect its the Collateral; such appointment is coupled with an interest under this Agreement or under the Note, the Deed of Trust or any of the other Loan Documentsand is irrevocable.

Appears in 1 contract

Sources: Construction Loan Agreement (Cottonwood Multifamily Opportunity Fund, Inc.)

Authority to File Notices. Borrower irrevocably appoints, designates, and authorizes Administrative appoints Agent as its agent (such agency being coupled attorney-in-fact, with an interest) full power of substitution, to file for record record, at Borrower's cost and expense and in Borrower's name, any notices of completion, cessation of labor, or any other notice that Lender deems Agent considers reasonably necessary or desirable to protect its the Collateral; such appointment is coupled with an interest under this Agreement or under the Note, the Deed of Trust or any of the other Loan Documentsand is irrevocable.

Appears in 1 contract

Sources: Construction Loan Agreement (Investors Real Estate Trust)