Collateral Assignment of Loan Documents. Lender shall have the right to collaterally assign all of its rights under this Agreement and the other Loan Documents to the third party beneficiaries described in Section 8.7. Lender shall have the right to disclose in confidence such financial information regarding Borrower as may be necessary to complete any such assignment or attempted assignment, including without limitation, all financial statements, projections, internal memoranda, audits, reports, payment history, appraisals and any and all other information and documentation in Lender's files relating to Borrower. This authorization shall be irrevocable in favor of Lender, and Borrower waives any claims against Lender or the party receiving information from Lender regarding disclosure of information in Lender's files, and further waive any alleged damages which may result from such disclosure. Borrower acknowledges that Lender intends to make a collateral assignment of its rights under this Agreement and the Loan Documents for the benefit of one or more of its or its parent company's lenders and will not be authorized to amend or modify this Agreement or the Loan Documents, or grant waivers of any of its rights thereunder without the prior written consent of some or all of such lenders.
Collateral Assignment of Loan Documents. THIS COLLATERAL ASSIGNMENT OF LOAN DOCUMENTS is made as of [ ], 20 , by CHICAGO ATLANTIC LINCOLN, LLC, a Delaware limited liability company (“Assignor”), to and in favor of [***] BANK, an [***] state banking association (as administrative agent, “Assignee”) in connection with that certain Fifth Amended and Restated Loan and Security Agreement dated as of February 28, 2024 by and among Assignor, Assignee and the other parties signatory thereto (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”). FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, for collateral purposes, Assignor hereby sells, assigns, transfers and sets over to Assignee, its successors and assigns, all of Assignor’s right, title and interest in and to the loan and other obligations of (the “Borrower”), owed to Assignor, and any and all loan documents given by Borrowers identified in the List of Loan Documents attached hereto as Exhibit A) and any other credit party to Assignor, as assigned to Assignor pursuant to those certain , in favor of Assignor, including, without limitation, the documents identified in the List of Loan Documents attached hereto as Exhibit A (such loan obligations and documents are collectively referred to as the “Obligations”), and together with all of Assignor’s right, title and interest in and to any claims, collateral, guarantees, escrow accounts, demands, causes of action and any other collateral arising out of or delivered in connection with the Obligations. TO HAVE AND TO HOLD the same unto the Assignee, and to the successors and/or assigns of Assignee, subject to the terms and conditions of the Loan Agreement, and reserving unto Assignor the right to collect the indebtedness evidenced or secured thereby, to enforce the terms thereof and to modify the terms thereof except to the extent prohibited under the terms of the Loan Agreement. (Signature page follows.)
Collateral Assignment of Loan Documents. Each applicable Credit Party shall have duly executed and delivered a Collateral Assignment of Loan Documents in respect of the applicable Mezzanine Loan Documentation or Note Receivable Documentation to which such Credit Party is a party
