Common use of No Prior Assignment Clause in Contracts

No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 13 contracts

Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s 's interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents Rent due and payable or to become due and payable which are presently outstanding.

Appears in 4 contracts

Samples: Loan Agreement (Burnham Pacific Properties Inc), Loan Agreement (Continental Health Affiliates Inc), Loan Agreement (Burnham Pacific Properties Inc)

No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s 's interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 3 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s 's or Operating Lessee’s 's interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 3 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

No Prior Assignment. As of the Loan Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s 's interest under the Leases, and (ii) there are no prior assignments of the such Leases or any portion of the Rents Rent due and payable with respect to such Leases or to become due and payable which are presently outstanding.

Appears in 2 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

No Prior Assignment. As of the Loan Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s Manager's interest under the Leases, and (ii) there are no prior assignments of the such Leases or any portion of the Rents Rent due and payable with respect to such Leases or to become due and payable which are presently outstanding.

Appears in 2 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 1 contract

Samples: Loan Agreement (Digital Realty Trust, Inc.)

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No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or and Operating Lessee’s interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Trust Inc)

No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s 's interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 1 contract

Samples: Loan Agreement (Hallwood Realty Partners L P)

No Prior Assignment. As of the Closing Date, (i) Lender is ------------------- the assignee of each Borrower’s or Operating Lessee’s 's interest under the Leases, and (ii) there are no prior assignments of the Leases or any portion of the Rents due and payable or to become due and payable which are presently outstanding.

Appears in 1 contract

Samples: Loan Agreement (G&l Realty Corp)

No Prior Assignment. As of the Closing Date, (i) Lender is the assignee of each Borrower’s or Operating Lessee’s Operator's interest under the LeasesLeases (as defined in the Leasehold Mortgage), and (ii) there are no prior assignments of the such Leases or any portion of the Rents Rent due and payable with respect to such Leases or to become due and payable which are presently outstanding.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

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