Common use of Sale of Loan Clause in Contracts

Sale of Loan. Lender, at any time and without the consent of Borrower or the Principals, may grant participations in or sell, transfer, assign and convey all or any portion of its right, title and interest in and to the Loan, this Agreement and the other Loan Documents, any guaranties given in connection with the Loan and any collateral given to secure the Loan, so long as Lender remains as manager and servicer of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Transeastern Properties Inc)

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Sale of Loan. Lender, at any time and without the consent of Borrower or the PrincipalsBorrower, may grant participations in or sell, transfer, assign and convey all cxxxxx xxl or any portion of its right, title and interest in and to the Loanloan evidenced by this Note, this Agreement the Security Instrument and the other Loan Documents, any guaranties given in connection with the Loan and any collateral given to secure as security for the Loan, so long as Lender remains as manager and servicer of the Loanloan evidenced by this Note.

Appears in 1 contract

Samples: Behringer Harvard Reit I Inc

Sale of Loan. Lender, at any time and without the consent of Borrower or the PrincipalsBorrower, may grant participations in or sell, transfer, assign and convey all or any portion of its right, title and interest in and to the Loan, this Agreement Note, the Mortgage and the other Loan Documents, any guaranties given in connection with the Loan and any collateral given to secure the Loan, so long as Lender remains as manager and servicer of the Loan.

Appears in 1 contract

Samples: American Leisure Holdings, Inc.

Sale of Loan. Lender, at any time and without the consent of Borrower or the Principalsany Obligor, may grant participations in or sell, transfer, assign and convey all or any portion of its right, title and interest in and to the Loan, this Agreement and the other Loan Documents, any guaranties given in connection with the Loan and any collateral given to secure the Loan, so long as Lender remains as manager and servicer of the Loan.

Appears in 1 contract

Samples: Construction Loan Agreement (United Homes Inc)

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Sale of Loan. Lender, at any time and without the consent of Borrower or the PrincipalsBorrower, may grant participations in or sell, transfer, assign and convey all or any portion of its right, title and interest in and to the Loanloan evidenced by this Note, this Agreement the Security Instrument and the other Loan Documents, any guaranties given in connection with the Loan and any collateral given to secure as security for the Loan, so long as Lender remains as manager and servicer of the Loanloan evidenced by this Note.

Appears in 1 contract

Samples: Behringer Harvard Reit I Inc

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