Common use of Consent and Reaffirmation of Borrower Clause in Contracts

Consent and Reaffirmation of Borrower. a. Borrower hereby represents and warrants to Lender that it has reviewed the Purchase Agreement, this Agreement and all the documents executed in accordance therewith or herewith. Borrower consents to the Transaction under the terms of the Purchase Agreement and this Agreement. Borrower further covenants and agrees that the Transaction shall not, and shall not be deemed to, impair, limit, abrogate or reduce in any manner or to any extent the liability or obligations of Borrower under the Loan Documents, except as modified herein.

Appears in 2 contracts

Samples: Substitute Indemnitor (Behringer Harvard Reit I Inc), Behringer Harvard Reit I Inc

AutoNDA by SimpleDocs

Consent and Reaffirmation of Borrower. a. (a) Borrower hereby represents and warrants to Lender that it has reviewed the Purchase Contribution Agreement, this Agreement and all the documents executed in accordance therewith or herewith. Borrower consents to the Transaction Transfer, the Substitution, and the Release under the terms of the Purchase Contribution Agreement and this Agreement. Borrower further covenants and agrees that the Transaction Transfer, the Substitution and the Release shall not, and shall not be deemed to, impair, limit, abrogate or reduce in any manner or to any extent the liability or obligations of Borrower under the Loan Documents, except as modified herein.

Appears in 1 contract

Samples: Transfer and Substitution of Indemnitor (Hudson Pacific Properties, Inc.)

AutoNDA by SimpleDocs

Consent and Reaffirmation of Borrower. a. Borrower hereby represents and warrants to Lender that it Borrower has reviewed this Agreement and the Purchase Agreement, this Merger Agreement and all the documents executed in accordance therewith or herewith. Borrower consents to the Transaction under the terms and conditions of the Purchase this Agreement and this the Merger Agreement. Borrower further covenants and agrees that the Transaction shall not, and shall not be deemed to, impair, limit, abrogate or reduce in any manner or to any extent the liability or obligations of Borrower under the Loan Documents, except as modified herein.

Appears in 1 contract

Samples: Transfer and Replacement of Guarantor (CTO Realty Growth, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.