Collateral Assignment of Rents definition
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 ▇▇▇▇▇▇▇ County, Virginia.
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.
Original Borrower further grants Lender a security interest in that p01tion of Personal Property used in or associated with the Real Estate Security, including a Collateral Assignment of Rents.
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.
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.
Borrower has entered into that certain Mortgage and Security Agreement (the "Mortgage"); that certain Collateral Assignment of Rents and Leases (the "Assignment"), both of even date herewith, with respect to the property known as 2▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ described in Exhibit A attached hereto (the "Property”), which Mortgage and Assignment secures the Loans and the Obligations as defined in the Mortgage and the Assignment.
Borrower and each Guarantor, as applicable, shall have executed and delivered to the Bank the Collateral Assignment of Rents and Leases.
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 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.