EXERCISE OF THE LESSOR'S RIGHTS. Subject to the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree that, subject to and in accordance with the terms of the Security Agreement made by the Lessor in favor of the Agent, the rights and powers of the Lessor under this Agreement have been assigned to the Agent.
Appears in 7 contracts
Samples: Agency Agreement (United Therapeutics Corp), Participation Agreement (Lexicon Genetics Inc/Tx), Agency Agreement (Guilford Pharmaceuticals Inc)
EXERCISE OF THE LESSOR'S RIGHTS. Subject to the Excepted Payments, the Construction Agent and the Lessor hereby acknowledge and agree that, subject to and in accordance with the terms of the Security Agreement made by the Lessor in favor of the AgentBank, the rights and powers of the Lessor under this Agreement have been assigned to the AgentBank.
Appears in 1 contract
