Common use of No Prior Assignment Clause in Contracts

No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned to Administrative Agent concurrently herewith.

Appears in 4 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Morgans Hotel Group Co.)

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No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the Loanoutstanding, other than those being terminated or assigned to Administrative Agent concurrently herewithherewith or permitted under the Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned to the Administrative Agent concurrently herewith.

Appears in 3 contracts

Samples: Senior Mezzanine Credit Agreement (Technical Olympic Usa Inc), Junior Mezzanine Credit Agreement (Technical Olympic Usa Inc), Credit Agreement (Technical Olympic Usa Inc)

No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the LoanLoans, other than those being terminated or assigned to the Administrative Agent concurrently herewith.

Appears in 2 contracts

Samples: Credit Agreement (Station Casinos LLC), Credit Agreement (Station Casinos Inc)

No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned to the Administrative Agent concurrently herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (CNL Hotels & Resorts, Inc.)

No Prior Assignment. There are no prior sales, transfers or assignments of the Leases Operating Lease, Management Agreement or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned to Administrative Agent Lender concurrently herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Ashford Hospitality Trust Inc)

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No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents Revenues due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned to Administrative Agent concurrently herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (NRI Real Token Inc.)

No Prior Assignment. There are no prior sales, transfers or assignments of the Leases or any portion of the Rents Revenues due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned granted to Mortgage Administrative Agent concurrently herewithwith the execution and delivery of the Mortgage Loan Documents.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (NRI Real Token Inc.)

No Prior Assignment. There are no prior sales, transfers transfers, pledges, hypothecations or assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding following the funding of the Loan, other than those being terminated or assigned to Administrative Agent Lender concurrently herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Urban Edge Properties)

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