Common use of Grantor’s Successors Clause in Contracts

Grantor’s Successors. If the ownership of the Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s liability hereunder or its liability for the payment of the Secured Indebtedness or performance of the obligations secured hereby. No transfer of the Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness given by Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtedness. Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders and any subsequent owner of the Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan Document. Nothing in this Section or elsewhere in this Deed of Trust shall be construed to imply any consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s liability hereunder or its liability for the payment of the Secured Indebtedness or performance of the obligations secured hereby. No transfer of the Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness given by Holder Xxxxxx shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtedness. Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders and any subsequent owner of the Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan Document. Nothing in this Section or elsewhere in this Deed of Trust shall be construed to imply any consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this County Deed of Trust and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness given by Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Each Grantor agrees that it shall be bound by any modification of this County Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders Holder and any subsequent owner of the Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this County Deed of Trust or any other Loan Document. Nothing in this Section or elsewhere in this County Deed of Trust shall be construed to imply any Holder's consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness given by Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Each Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders Holder and any subsequent owner of the Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan Document. Nothing in this Section or elsewhere in this Deed of Trust shall be construed to imply any Holder’s consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Amended and Restated Deed of Trust and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness given by Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Each Grantor agrees that it shall be bound by any modification of this Amended and Restated Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders Holder and any subsequent owner of the Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Amended and Restated Deed of Trust or any other Loan Document. Nothing in this Section or elsewhere in this Amended and Restated Deed of Trust shall be construed to imply any Holder's consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Property Estate or any part thereof becomes vested in a person Person other than the Grantor, the Indenture Trustee and any Holder may, on behalf of itself and Lenders, without notice to the Grantor, deal with such successor or successors in interest with reference to this Deed of Trust Indenture and to the Secured Indebtedness indebtedness secured hereby in the same manner as with the Grantor, without in any way vitiating or discharging the Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the PropertyEstate, no forbearance on the part of the Indenture Trustee or any Holder, and no extension of the time for the payment of the Secured Indebtedness indebtedness secured hereby given by Indenture Trustee or any Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of the Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person Person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. The Grantor agrees that it shall be bound by any modification of this Deed of Trust Indenture or any of the other Loan Operative Documents made by Xxxxxx on behalf of itself and Lenders the Indenture Trustee or any Holder and any subsequent owner of the PropertyEstate, with or without notice to such the Grantor, and no such modifications shall impair the obligations of such the Grantor under this Deed of Trust Indenture or any other Loan Operative Document. Nothing in this Section or elsewhere in this Deed of Trust shall be construed to imply any consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Mortgaged Property or any part thereof becomes vested in a person other than Grantor, Holder Administrative Lender may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust Mortgage and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Mortgaged Property, no forbearance on the part of HolderAdministrative Lender, and no extension of the time for the payment of the Secured Indebtedness given by Holder Administrative Lender shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtedness. Each Grantor agrees that it shall be bound by any modification of this Deed of Trust Mortgage or any of the other Loan Documents Papers made by Xxxxxx on behalf of itself and Lenders Administrative Lender and any subsequent owner of the Mortgaged Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust Mortgage or any other Loan DocumentPaper. Nothing in this Section 6.7 or elsewhere in this Deed of Trust Mortgage shall be construed to imply any Administrative Lender's consent by Holder or Lenders to any transfer of the Mortgaged Property.

Grantor’s Successors. If the ownership of the Mortgaged Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust Mortgage and to the Secured Indebtedness indebtedness secured hereby in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Mortgaged Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness indebtedness secured hereby given by Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Each Grantor agrees that it shall be bound by any modification of this Deed of Trust Mortgage or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders and any subsequent owner of the Mortgaged Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust Mortgage or any other Loan Document. Nothing in this Section or elsewhere in this Deed of Trust Mortgage shall be construed to imply any Xxxxxx's consent by Holder or Lenders to any transfer of the Mortgaged Property.

Grantor’s Successors. If the ownership of the Mortgaged Property or any part thereof becomes vested in a person other than Grantor, Holder Agent may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness indebtedness secured hereby in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Mortgaged Property, no forbearance on the part of HolderAgent, and no extension of the time for the payment of the Secured Indebtedness indebtedness secured hereby given by Holder Agent shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Each Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders Agent and any subsequent owner of the Mortgaged Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan Document. Nothing in this Section SECTION or elsewhere in this Deed of Trust shall be construed to imply any Agent's consent by Holder or Lenders to any transfer of the Mortgaged Property.

Grantor’s Successors. If the ownership of the Mortgaged Property or any part thereof becomes vested in a person other than Grantor, Holder Beneficiary may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness Obligations in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s liability hereunder or its liability for the payment of the Secured Indebtedness or performance of the obligations secured herebyObligations. No transfer of the Mortgaged Property, except to Beneficiary when expressly agreed to, no forbearance on the part of HolderBeneficiary, and no extension of the time for the payment of the Secured Indebtedness Obligations given by Holder Beneficiary shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness or performance of the obligations secured hereby Obligations or the liability of any other person hereunder for the payment of the Secured IndebtednessObligations. Each Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Credit Documents made by Xxxxxx on behalf of itself and Lenders Beneficiary and any subsequent owner of the Mortgaged Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan Credit Document. Nothing in this Section 6.7 or elsewhere in this Deed of Trust shall be construed to imply any Beneficiary’s consent by Holder or Lenders to any transfer of the Mortgaged Property.

Grantor’s Successors. If the ownership of the Property or any part thereof becomes vested in a person other than Grantor, Holder may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Property, no forbearance on the part of Holder, and no extension of the time for the payment of the Secured Indebtedness given by Holder shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Each Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders Holder and any subsequent owner of the Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan Document. Nothing in this Section or elsewhere in this Deed of Trust shall be construed to imply any Holder's consent by Holder or Lenders to any transfer of the Property.

Grantor’s Successors. If the ownership of the Mortgaged Property or any part thereof becomes vested in a person other than Grantor, Holder the Beneficiary may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust and to the Secured Indebtedness indebtedness secured hereby in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Mortgaged Property, no forbearance on the part of Holderthe Beneficiary, and no extension of the time for the payment of the Secured Indebtedness indebtedness secured hereby given by Holder the Beneficiary shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Grantor agrees that it shall be bound by any modification of this Deed of Trust or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders the Beneficiary and any subsequent owner of the Mortgaged Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust or any other Loan DocumentTrust. Nothing in this Section section or elsewhere in this Deed of Trust shall be construed to imply any the Beneficiary's consent by Holder or Lenders to any transfer of the Mortgaged Property.

Grantor’s Successors. If the ownership of the Mortgaged Property or any part thereof becomes vested in a person other than Grantor, Holder Agent may, on behalf of itself and Lenders, without notice to Grantor, deal with such successor or successors in interest with reference to this Deed of Trust Mortgage and to the Secured Indebtedness indebtedness secured hereby in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's liability hereunder or its liability for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby. No transfer of the Mortgaged Property, no forbearance on the part of HolderAgent, and no extension of the time for the payment of the Secured Indebtedness indebtedness secured hereby given by Holder Agent, upon direction of Banks, shall operate to release, discharge, modify, change or affect, in whole or in part, the liability of Grantor hereunder for the payment of the Secured Indebtedness indebtedness or performance of the obligations secured hereby or the liability of any other person hereunder for the payment of the Secured Indebtednessindebtedness secured hereby. Grantor agrees that it shall be bound by any modification of this Deed of Trust Mortgage or any of the other Loan Documents made by Xxxxxx on behalf of itself and Lenders Agent and any subsequent owner of the Mortgaged Property, with or without notice to such Grantor, and no such modifications shall impair the obligations of such Grantor under this Deed of Trust Mortgage or any other Loan Document. Nothing in this Section or elsewhere in this Deed of Trust shall be construed to imply any consent by Holder or Lenders to any transfer of the Property.or