Common use of Collateral Assignment of Leases Clause in Contracts

Collateral Assignment of Leases. With respect to the lease of real property by a Borrower used in the operation of its sleep lab business that is entered into after May 21, 2008, the agreement(s) to be executed by the Bank and Borrowers granting to the Bank a first perfected collateral assignment of those leases in substantially the form attached as Exhibit “B” unless waived in whole in part by the Bank, in writing.

Appears in 1 contract

Samples: Loan Agreement (Graymark Healthcare, Inc.)

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Collateral Assignment of Leases. With respect to the lease of real property by a Borrower used utilized in the operation of its pharmacy or sleep lab business that is entered into from and after May 21, 2008the date of this Agreement, the agreement(s) to be executed by the Bank and Borrowers granting to the Bank a first perfected collateral assignment of those leases such in substantially the form of Schedule “1.6” attached hereto as Exhibit “B” a part hereof, unless waived in whole or part in part writing by the Bank. Amendment to Loan Agreement Graymark Healthcare, in writing.Inc.

Appears in 1 contract

Samples: Loan Agreement (Graymark Healthcare, Inc.)

Collateral Assignment of Leases. With respect to the lease of real property by a Borrower used in the operation of its pharmacy or sleep lab business that is entered into after May 21, 2008, the agreement(s) to be executed by the Bank and Borrowers granting to the Bank a first perfected collateral assignment of those leases in substantially the form attached as Exhibit “BD” unless waived in whole in part by the Bank, in writing.

Appears in 1 contract

Samples: Loan Agreement (Graymark Healthcare, Inc.)

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Collateral Assignment of Leases. With respect to the lease of real property by a Borrower used in the operation of its sleep lab business that is entered into after May 21, 2008, the The agreement(s) to be executed by the Bank and Borrowers granting to the Bank a first perfected collateral assignment of those the leases of property by a Borrower utilized in the operation of its pharmacy or sleep lab businesses in substantially the form of Schedule “1.6” attached hereto as Exhibit “B” unless waived in whole in a part by the Bank, in writinghereof.

Appears in 1 contract

Samples: Loan Agreement (Graymark Healthcare, Inc.)

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