Common use of Due on Transfer Clause in Contracts

Due on Transfer. If all or any part of the Premises or any interest in the Premises is transferred without the Mortgagee's prior written consent, it may, at its sole option, declare the Debt to be immediately due and payable.

Due on Transfer. If all or any part of the Premises or any interest in the Premises is transferred without the Mortgagee's prior written consent, it the Mortgagee may, at its sole option, declare the Debt Liabilities to be immediately due and payable.

Due on Transfer. If all or any part of the Premises or any interest in the Premises is transferred without the Mortgagee's prior written consent, it Mortgagee may, at its sole option, declare the Debt to be immediately due and payable.