Authorization to Tenants. Grantor hereby irrevocably agrees and directs that the Tenant under each Lease shall, upon demand and notice from Administrative Agent that Administrative Agent has revoked the license contained in Section 8 hereof, pay all Rents under such Lease to Administrative Agent, for the ratable behalf of the Loan Parties, without liability on the part of such Tenant for determining the validity or propriety of Administrative Agent’s revocation of such license, and notwithstanding any claim by Grantor that Administrative Agent’s revocation of such license is invalid or improper. Grantor shall have no claim against any such Tenant for any Rents or other sums paid by such Tenant to Administrative Agent.
Appears in 7 contracts
Samples: Assignment of Leases and Rents (Behringer Harvard Opportunity REIT I, Inc.), Assignment of Leases and Rents (Behringer Harvard Opportunity REIT I, Inc.), Assignment of Leases and Rents (Behringer Harvard Opportunity REIT I, Inc.)
