Common use of Parties Bound; Assignment; Joint and Several Clause in Contracts

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Purchaser, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 6 contracts

Samples: Guaranty (Claros Mortgage Trust, Inc.), Guaranty (FS Credit Real Estate Income Trust, Inc.), Guaranty (Claros Mortgage Trust, Inc.)

AutoNDA by SimpleDocs

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Purchaser, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 4 contracts

Samples: Guaranty (Fortress Credit Realty Income Trust), Guaranty (Granite Point Mortgage Trust Inc.), Guaranty (Granite Point Mortgage Trust Inc.)

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of PurchaserBuyer, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser Buyer may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 2 contracts

Samples: Guaranty (FS Credit Real Estate Income Trust, Inc.), Guaranty (FS Credit Real Estate Income Trust, Inc.)

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of PurchaserClass A Lender, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser Class A Lender may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Indenture and Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Granite Point Mortgage Trust Inc.)

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Purchaser, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 1 contract

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.)

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of PurchaserBuyer, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser Buyer may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 1 contract

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.)

AutoNDA by SimpleDocs

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of PurchaserBuyer, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or partyPerson, the obligations and liabilities of each such person or party Person shall be joint and several. Purchaser Buyer may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 1 contract

Samples: Guaranty (Colony NorthStar Credit Real Estate, Inc.)

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of PurchaserClass A Lender, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser Class A Lender may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase AgreementIndenture.

Appears in 1 contract

Samples: Guaranty (Terra Property Trust, Inc.)

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of PurchaserBuyer, assign any of its rights, powers, duties or obligations hereunder. If Prior to the Guarantor consists of more than one person or partyReplacement Event, the obligations and liabilities of each such person or party of Initial Guarantor and Replacement Guarantor hereunder shall be joint and several. Purchaser Buyer may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.

Appears in 1 contract

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!