Common use of Lender’s Right to Transfer Clause in Contracts

Lender’s Right to Transfer. Borrower hereby acknowledges that Lender shall have the right to transfer, assign or sell the Loan Documents, or grant participation interests in all or any portion of the Loan, in such manner and to such entities as Lender in its sole and absolute discretion shall select.

Appears in 5 contracts

Samples: Senior Mezzanine Loan Agreement (Behringer Harvard Multifamily Reit I Inc), Junior Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.), Senior Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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Lender’s Right to Transfer. Borrower Borrowers hereby acknowledges acknowledge that Lender shall have the right to transfer, assign or sell the Loan DocumentsDocuments to an Affiliate, or grant participation interests in all or any portion of the Loan, in such manner and to such entities as Lender in its sole and absolute discretion shall select, so long as Lender remains the lead lender and administrative agent.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.), Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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