Common use of Right of Transfer of Property Clause in Contracts

Right of Transfer of Property. The parties acknowledge that Section 5.2.10 of the Original Loan Agreement provides that Lender 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 Agreement and the actions to be taken as contemplated herein shall constitute such consent.

Right of Transfer of Property. The parties acknowledge that Section 5.2.10 2.9 of the Original Loan Agreement Mortgage provides that Lender 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.

Right of Transfer of Property. The parties acknowledge that Section 5.2.10 2.2 of the Original Loan Agreement attached to and forming a part of the Security Agreement provides that Lender 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.