Common use of Sale of Interest Clause in Contracts

Sale of Interest. Borrower acknowledges that Holder may, in ---------------- its sole discretion, sell all or any part of its interest in the loan as evidenced by this Note and, in connection therewith, Holder may assign all or any portion of this Note. Any such sale and assignment may be at a discount or premium, subject to a brokerage fee or involve a servicing agreement, and shall not alter any of Borrower's obligations hereunder or under any of the Loan Documents.

Appears in 2 contracts

Samples: Promissory Note (Inco Homes Corp), Promissory Note (Inco Homes Corp)

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Sale of Interest. Borrower acknowledges that Holder may, in its ---------------- its sole discretion, sell all or any part of its interest in the loan as evidenced by this Note and, in connection therewith, Holder may assign all or any portion of this Note. Any such sale and assignment may be at a discount or premium, subject to a brokerage fee or involve a servicing agreement, and shall not alter any of Borrower's obligations hereunder or under any of the Loan Documents.

Appears in 2 contracts

Samples: Promissory Note (Inco Homes Corp), Promissory Note (Inco Homes Corp)

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Sale of Interest. Borrower acknowledges that Holder Lender may, in ---------------- its sole discretion, sell all or any part of its interest in the loan Loan as evidenced by this Note andNote, in connection therewith, Holder may assign all or any portion of this Noteincluding participating interests therein. Any such sale and assignment may be at a discount or premium, subject to a brokerage fee or involve a servicing agreement, and shall not alter any of Borrower's obligations hereunder or under any of the Loan Documents.

Appears in 2 contracts

Samples: Promissory Note (Glimcher Realty Trust), Promissory Note (Glimcher Realty Trust)

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