Right of Transfer of Property. The parties acknowledge that Section 9.04 of the Security Instrument provides that Noteholder shall consent to the voluntary sale or exchange of all of the Property, all subject, however, to the terms and conditions set forth therein. The parties agree that this Assumption Agreement and the actions to be taken as contemplated herein shall constitute one such consent.
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Samples: Assumption Agreement, Assumption Agreement (Sunstone Hotel Investors, Inc.), Assumption Agreement (Pebblebrook Hotel Trust)
Right of Transfer of Property. The parties acknowledge that Section 9.04 8 of the Security Instrument Deed provides that Noteholder shall consent to the voluntary sale or exchange of all of the Property, all subject, however, to the terms and conditions set forth therein. The parties agree that this Assumption Agreement and the actions to be taken as contemplated herein shall constitute one such consent.
Appears in 2 contracts
Samples: Assumption Agreement, Assumption Agreement (Inland Diversified Real Estate Trust, Inc.)
Right of Transfer of Property. The parties acknowledge that Section 9.04 Article 8 of the Security Instrument provides that Noteholder shall consent to the voluntary sale or exchange of all of the Property, all subject, however, to the terms and conditions set forth therein,. The parties agree that this Assumption Agreement and the actions to be taken as contemplated herein shall constitute one such consent.
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