Examples of Permitted Lenders in a sentence
The entries in the Register shall be conclusive, in the absence of manifest error, and the Borrower and the Permitted Lenders shall treat each Permitted Lender whose name is recorded in the Register as the owner of the Note for all purposes of this Agreement.
Nothing in this Section 10.3.1 shall impair Landlord's right to terminate this Lease as a result of an Event of Default or by reason of Landlord's other rights to terminate this Lease as set forth in this Lease, subject to the Permitted Lender's notice and cure rights pursuant to Section 10.3.2 below, if applicable, and the New Lease rights pursuant to Section 10.3.2(d) below, if applicable.
Notwithstanding anything herein to the contrary, the Original Lender may in the future make transfers, in whole or in part, or enter into participation agreements or securitization transactions with respect to the Series 2019 Note; provided, however, such transfers shall be only to Permitted Lenders and the Series 2019 Note may not be transferred in a denomination of less than $100,000.
The agreements between Landlord and the Marriott Parties contained in this Agreement and Article 10 of the Ground Lease (and the other provisions thereof of which Permitted Lenders are third party beneficiaries) are for the benefit of the Marriott Parties and are independent of any agreements with Tenant contained in this Agreement or in the Ground Lease.
Developer may assign all or a part of its entire rights, interests and obligations hereunder, or create a security interest over its rights and interests hereunder, to the Permitted Lenders to whom Xxxxxxxxx has assigned or collaterally assigned, or granted a lien or leasehold deed of trust in, the Sublease and the Ground Lease for the purpose of securing financing for the Convention Center, Parking Improvements, and the Resort Hotel.
The Public Entities hereby consent to the granting by the Developer to such Permitted Lenders of security interests in this Agreement.
It is the intent of this provision to permit the Permitted Lender(s) that do not receive a New Lease to be in the same position in which they would have been had no Lease termination occurred.
Lessor agrees to make such amendments to this Lease as may be reasonably requested by the Permitted Lenders; provided, such changes shall not (a) materially increase any of Dignity Health Foundation’s obligations under the Facility Lease; (b) affect the Base Rent to be paid by Dignity Health Foundation under the Facility Lease; or (c) deprive Dignity Health Foundation of any of its rights under the Facility Lease.
The Series 2021 Note may be exchanged or transferred by the Lender, in whole and not in part; provided, however, such transfers shall be only to the Permitted Lenders and the Series 2021 Note may not be transferred in a denomination less than $100,000 even in whole.
The Public Agencies hereby consent to the granting by the Developer to such Permitted Lenders of security interests in this Agreement.