Common use of Purchaser’s Assignees Clause in Contracts

Purchaser’s Assignees. Purchaser, at Purchaser's sole cost and expense, may designate separate assignees to acquire title to the Property, or in the event that the transaction is restructured as an Equity Purchase, the Partnership Interests. In the event Purchaser elects to take title to the Property subject to the Mortgage, any assignment of this Agreement or Purchaser's rights hereunder shall be subject to the terms of the Mortgage pertaining to transfers. In the event Purchaser elects to prepay all or any part of the loan as evidenced by the Notes and secured by the Mortgage, any such prepayment shall be subject to the terms of the Mortgage and any other conditions required by the registered owners of such Notes or other applicable party.

Purchaser’s Assignees. Purchaser, at Purchaser's sole cost and expense, may designate separate assignees to acquire title to the Property, or in the event that the transaction is restructured as an Equity Purchase, the Partnership Membership Interests. In the event Purchaser elects to take title to the Property subject to the Mortgage, any assignment of this Agreement or Purchaser's rights hereunder shall be subject to the terms of the Mortgage pertaining to transfers. In the event Purchaser elects to prepay all or any part of the loan as evidenced by the Notes and secured by the Mortgage, any such prepayment shall be subject to the terms of the Mortgage and any other conditions required by the registered owners of such Notes or other applicable party.

Purchaser’s Assignees. Purchaser, at Purchaser's ’s sole cost and expense, may designate separate assignees to acquire title to the Property, or in the event that the transaction is restructured as an Equity Purchase, the Partnership Membership Interests. In the event Purchaser elects to take title to the Property subject to the Mortgage, any assignment of this Agreement or Purchaser's ’s rights hereunder shall be subject to the terms of the Mortgage pertaining to transfers. In the event Purchaser elects to prepay all or any part of the loan as evidenced by the Notes and secured by the Mortgage, any such prepayment shall be subject to the terms of the Mortgage and any other conditions required by the registered owners of such Notes or other applicable party.