Common use of Rights of Lender Clause in Contracts

Rights of Lender. Guarantor acknowledges that the rights of Landlord under this Guaranty may be assigned to Lender and upon such assignment Lender shall have all of the rights and benefits of Landlord hereunder.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Lincoln Educational Services Corp), Guaranty and Suretyship Agreement (Bon Ton Stores Inc), Guaranty and Suretyship Agreement (Radnor Holdings Corp)

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Rights of Lender. Guarantor acknowledges that the rights of Landlord under this Guaranty may be have been assigned to Lender and upon such assignment Lender shall have all of the rights and benefits of Landlord hereunder.

Appears in 3 contracts

Samples: Guaranty and Suretyship Agreement (Life Time Fitness Inc), Guaranty and Suretyship Agreement (Corporate Property Associates 15 Inc), Guaranty and Suretyship Agreement (Corporate Property Associates 16 Global Inc)

Rights of Lender. Guarantor acknowledges Guarantors acknowledge that the rights of Landlord under this Guaranty may be assigned to Lender and upon such assignment Lender shall have all of the rights and benefits of Landlord hereunder.

Appears in 3 contracts

Samples: Guaranty and Suretyship Agreement, Guaranty and Suretyship Agreement (Foster Wheeler Ag), Guaranty and Suretyship Agreement (Foster Wheeler LTD)

Rights of Lender. Guarantor acknowledges that the rights of Landlord under this Guaranty may be assigned to Lender and and, upon such assignment assignment, Lender shall have all of the rights and benefits of Landlord hereunder.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (New York Times Co), Guaranty and Suretyship Agreement (Corporate Property Associates 17 - Global INC)

Rights of Lender. Guarantor acknowledges that the rights of Landlord under this Guaranty may be assigned to a Lender and upon such assignment such Lender shall have all of the rights and benefits of Landlord hereunder.

Appears in 2 contracts

Samples: Purchase Agreement (Lmi Aerospace Inc), Guaranty and Suretyship Agreement (Lmi Aerospace Inc)

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Rights of Lender. Guarantor acknowledges that the rights of ---------------- Landlord under this Guaranty may be assigned to any Lender (as defined in the Lease) and upon any such assignment Lender shall have all of the rights and benefits of Landlord hereunder.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Bon Ton Stores Inc)

Rights of Lender. Guarantor acknowledges that the rights of Landlord under this Guaranty may be assigned to Lender and upon such assignment Lender shall have all as assignee of the rights Lease, in accordance with a valid assignment of the Lease as permitted by and benefits pursuant to the terms of Landlord hereunderthe Lease.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Tower International, Inc.)

Rights of Lender. Each Guarantor acknowledges that the rights of Landlord under this Guaranty may be assigned to Lender and upon such assignment Lender shall have all of the rights and benefits and obligations of Landlord hereunderhereunder if such Lender succeeds to the interest of Landlord under the Lease.

Appears in 1 contract

Samples: Lease Agreement (Corporate Property Associates 16 Global Inc)

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