Common use of Successors and Assigns Bound Clause in Contracts

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 76 contracts

Samples: Multifamily Mortgage, Assignment of Rents and Security Agreement (Behringer Harvard Opportunity REIT II, Inc.), Multifamily Mortgage, Assignment of Rents and Security Agreement (Behringer Harvard Opportunity REIT II, Inc.), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

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Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender Xxxxxx and BorrowerXxxxxxxx. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 29 contracts

Samples: Multifamily Deed of Trust, Assignment of Rents and Security Agreement, Multifamily Deed of Trust, Assignment of Rents and Security Agreement, Multifamily Deed of Trust, Assignment of Rents and Security Agreement

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and BorrowerLendxx xxx Borrxxxx. HoweverXxwever, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 5 contracts

Samples: Multifamily Note (American Retirement Villas Properties Iii LTD Partnership), Multifamily Note (Arv Assisted Living Inc), Multifamily Note (American Retirement Villas Properties Ii)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender Lxxxxx and BorrowerBxxxxxxx. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 3 contracts

Samples: Multifamily Deed of Trust, Assignment of Rents and Security Agreement and Fixture Filing (Capital Senior Living Corp), Multifamily Deed of Trust, Assignment of Rents and Security Agreement (NTS Realty Holdings Lp), Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and BorrowerGuarantor. However, a Transfer not permitted by Section 21 16 shall be an Event of Default.Default.β€Œ

Appears in 2 contracts

Samples: Deed of Trust, Deed of Trust

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Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower. However, a Transfer not permitted by Section 21 shall be an Event of DefaultDxxxxxx.

Appears in 1 contract

Samples: Multifamily Deed of Trust, Assignment of Rents and Security Agreement (Secured Investment Resources Fund Lp Iii)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender Xxxxxx and BorrowerGrantor. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 1 contract

Samples: Multifamily Leasehold Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (Brookdale Living Communities Inc)

Successors and Assigns Bound. This Instrument shall bind, and the rights granted by this Instrument shall inure to, the respective successors and assigns of Lender and Borrower, each to the extent assignment is permitted hereunder. However, a Transfer not permitted by Section 21 shall be an Event of Default.

Appears in 1 contract

Samples: Purchase Money Mortgage (Steadfast Income REIT, Inc.)

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