Common use of PERMITTED TRANSFER TO A JOINT VENTURE Clause in Contracts

PERMITTED TRANSFER TO A JOINT VENTURE. The Borrower shall have the right, on one occasion during the term of the Loan, to sell or transfer the Property in a transaction approved by the Lender. The Lender agrees that such a transfer shall be a Permitted Transfer if the following conditions are satisfied:

Appears in 5 contracts

Samples: Credit Agreement, Oxford Residential Properties I LTD Partnership, Consolidated Capital Growth Fund

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