Loan Participations. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and the Loan Documents to one or more participants. Borrower authorizes Lender to disseminate any information it has pertaining to the Loan, including, without limitation, complete and current credit information on Borrower, any of its principals and any Guarantor, to any such participant or prospective participant.
Appears in 2 contracts
Samples: Master Construction Loan Agreement, Master Construction Loan Agreement (Wilson Holdings, Inc.)
Loan Participations. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and the Loan Documents Instruments to one or more participants. Borrower authorizes Lender to disseminate any information it has pertaining to the Loan, including, without limitation, complete and current credit information on Borrower, any of its principals and any Guarantor, to any such participant or prospective participant.
Appears in 1 contract
Samples: Acquisition and Development Loan Agreement (Oriole Homes Corp)
Loan Participations. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell for sale participation interests in the Loan and the Loan Documents Instruments to one or more participants. Borrower authorizes Lender to disseminate any information it has pertaining to the Loan, including, without limitation, complete and current credit information on Borrower, of Borrower or any of its principals and any Guarantor, to any such participant or prospective participantparticipant in the Loan.
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