Common use of Proxy Binding upon Transferees Clause in Contracts

Proxy Binding upon Transferees. If, at any time or from time to time, title to the Borrower Units is transferred by Borrower with Lender’s consent (in its sole discretion), the transferee shall take title thereto pursuant to all provisions, conditions, and covenants of this Proxy, and, as a condition precedent to such transfer, the transferee shall agree (for, and on behalf of, himself, herself, or itself; his, her, or its legal and personal representatives; and his, her or its transferees and assigns) in writing to be bound by all provisions of this Proxy as a party to this Proxy.

Proxy Binding upon Transferees. If, at any time or from time to time, title to the Borrower Units Unit is transferred by Borrower with Lender’s consent (in its sole discretion)Borrower, the transferee shall take title thereto pursuant to all provisions, conditions, and covenants of this Proxy, and, as a condition precedent to such transfer, the transferee shall agree (for, and on behalf of, himself, herself, or itself; his, her, or its legal and personal representatives; and his, her or its transferees and assigns) in writing to be bound by all provisions of this Proxy as a party to this Proxy.

Proxy Binding upon Transferees. If, at any time or from time to time, title to some or all of the Borrower Units is are transferred by Borrower with Lender’s consent (in its sole discretion)'s consent, the transferee shall take title thereto pursuant to all provisions, conditions, and covenants of this Proxy, and, as a condition precedent to such transfer, the transferee shall agree (for, and on behalf of, himself, herself, or itself; his, her, or its legal and personal representatives; and his, her or its transferees and assigns) in writing to be bound by all provisions of this Proxy as a party to this Proxy.