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<br /> shall be payable by Assignor to Assignee Immediately upon demand. or at the option of '`�
<br /> Asslgnee, Asslgnee may rsim burse t t se l f t h s refor out o�cha Rents whlch may in such
<br /> • ciroumstance be collecte d by Ass isn e o. ; `'�'""
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<br /> 9. Failure of Assignes to avail itself of any of the terms, cov:r.ants and
<br /> . condidons of this Assignment shaU not be constcued or deemed to l�a vr�iver of any �f '�:_
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<br /> its rights t�ereuader. The rights and remedies of the Assignee under this Assignment art � _
<br /> cum�alative and are not in lieu of but are in addidon to, and shall not be affected by tEte _
<br /> � �� exercise of, �ny other rights and remeslies which Assignee shall have under vr by virbuc --
<br /> nf law or equity, the Loan Documents or the Tranche A Exchnnge Note Doeume�e4s __
<br /> � _� (collectively, the"Other Rlghts"). The rights and remedies of Assigne� t►ereunder�rcay ..
<br /> be exercised indep�ndently of ar concunently with any of the Other Rights at any a��e �`""
<br /> � � or from time to rime. ''�'
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<br /> y��,,,; ,�,�� �Q, �►cci�nse a�eieby gives Assignor a license to exercise all of its rightc as �y :
<br />- . landlord or otherwise with respect tm the Operating I.ease or uny otner Lea,c��t���i�4zi �,__
<br />�"�:"���1 � all the Rents, and to retaln� use and en3oy the ssime in accordance witli the ��. a�
<br /> =:'�`1'� Documents and the �'ranche A Exchange Note Dceuments. This Assig=unent sEtnl➢ _
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<br /> ;�,-r:.- �� - condnue in full force and effect undl the sadsfucdon and cancellation af ttze Marsgage _
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<br />��,:;,�e;,n, as provided [n Section 3.OS(a) of tha Mortgage, and uP�si nor t AssigRee sltnit =
<br />"'"—"'a`•�'��r�' Assignment nnd the authority and powers herein grant�d bY g -
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<br /> -�':_�,�,'�y,r�: � cease and terminate,and,in that event, Assi�ee shall(i)execute aad deliver to�4ss���tor
<br /> � ��•.'�_ � such instrument or ins�ruments effective to evidence the terminarion of this As�i�ament _
<br />-,��;�:- , . wers and authorities granted her�in ao _
<br /> --,�1�_�`. • and the reassignment to Assi�nor of the rights, po _
<br /> --.- �:�-� may be reasonably requested by.�ssignor, and(Ii) deliver to Assignor any mQnies hel� �,..
<br /> =�_=� � by Assignee for tha benefit of Assagnor. Assi�nor agrees that upon termtnadmn of tluo �=•_�
<br /> `�°`''"�' Assigsunent it shAll a�sume payment of till unmatured or unpaid charges, exgensPS os
<br /> �,Tf,,y�., _
<br />-„�� obligafsons incurred m�r undertaken by Assiga�ee in conuectioa with the roanegemant of - �
<br />�r;,■���;� the Prope�y in accordance with tha terms hereof. This Assi�nment shall be atnendec3 0'
<br /> l��"�� so ss to r��ease a�d reassign to Assignor tho Operating Lease or other Leases, and d�a�
<br /> �xs�•rl rai,.:
<br /> -- -�� portion of the Rent� which relate ta the �perating T.,eage or other Leasas, whiclt
<br />- ���`�"'� encumber a Propersy which is W be rele�sed pursuant to Section 3.05(b) o� tha
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<br /> __ --= Mortgage, and Assignee shall deliver to Assignor any monies wit� respect to any -_
<br />-�°""�t�'�� property so released held by Assignee for the benefit of Assignor. Assigaar agrees tl�st.
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<br /> =��-=�'� upon any release and reassign�aaent contemplated by the preceding sentence, it sl► __,
<br />—;�� p g nses or obli ations incurred mr R=-
<br /> - � •��� assume payment of all unmatured or un aid char es,expe g Whicii io ��
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<br /> W�-.,���'..r�.:`'. undertaken by Assignee in connecdon with the management of any Property rrR-
<br />�`"- � °-� being so released. Assignor will pay all costs and expenses. includ'eng attomeys' fees -
<br />�;,; � �:
<br /> and disbursements, incuned by Assignee in connection with any such iunendm�ent. ,;:.,�.
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