Examples of Collateral Assignment of Rents in a sentence
As a condition to making such a loan to Assignor, Assignee requires Assignor to execute and deliver this Collateral Assignment of Rents and Leases further securing Assignor’s indebtedness to Assignee.
This is to certify that this is one of the Revolving Notes described in and secured by a Deed of Trust, Security Agreement and Fixture Filing, With Collateral Assignment of Rents and Leases dated as of even date herewith on property located in Hampton County, Virginia and by a Deed of Trust, Security Agreement and Fixture Filing, With Collateral Assignment of Rents and Leases dated as of even date herewith on property located in Prince Xxxxxxx County, Virginia.
The First Note is secured by real property located at 1506 Callahan Drive, Knoxville, Tennessee, together with furniture, fixtures, and equipment (collectively “Jubilee Center Property”) through a Construction Deed of Trust, Security Agreement, Assignment, Assignment of Leases and Rents, and Fixture Filing and a Collateral Assignment of Rents, Leases, Profits and Income.
Borrower and each Guarantor, as applicable, shall have executed and delivered to the Bank the Collateral Assignment of Rents and Leases.
In addition, there shall be no more than three separate leases entered into for any Lot in any one calendar year.6.8.3 Collateral Assignment of Rents.
The Collateral Assignment of Rents, Leases, Profits and Contracts from the Borrower to the Lender, dated on or about the Agreement Date and made in connection with the Loan.
The Loan Documents may include, but shall not be limited to, a Loan Agreement; Mortgage and Security Agreement; Promissory Note; Collateral Assignment of Rents and Leases; Collateral Assignment of Contracts, Licenses and Permits; Developer’s Title and No Lien Affidavit; Environmental Indemnity; Developer’s Certificate; Anti- Coercion Statement; and Agreement to Provide Insurance.
The Tenant consents to the execution of the Security Instrument by Landlord, and the Tenant consents to the assignment of the Lease to Lender as collateral pursuant to that certain Collateral Assignment of Rents and Leases executed of even date herewith by Landlord and Lender.
The Collateral Assignment of Rents and Leases granting to Bank a perfected first-priority security interest in all rents and leases described in that document.
Borrower shall execute and deliver to Bank, the Note, the Mortgage, a Collateral Assignment of Rents and Leases from Borrower in favor of Bank (the "Assignment of Rents"), UCC-1 (State and Local) Financing Statements naming Borrower as debtor and Bank as secured party (the "Financing Statements"), and any other documents requested by Bank.