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<br /> lirnitation, to a trustee on behalf of security holders in connection with a Securitization; ;l�,
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<br /> E. Assignor intends by the execution and delivery of this Assignment to �;.�:�-
<br /> ' further secure the payment and performance of the Loan Obli�ations (as such term is '�':r_;
<br /> ` defined in the Mortgage and the Other Loan Documents). � -__--
<br /> � � � ' �
<br /> NOW, THEREFORE, in consideration of the Loan and other good and �����`�
<br /> „ � � valuable consideration, the receipt and sufficiency of which are hereby acknowledsed, �"�
<br /> • �nd intending to be Yegally bound, the parties hereto covenant and a�ree as follows: �•,���::-
<br /> '� 1. Definition of Additional Collateral. 'I'he items which shall be the -
<br /> subject of this Assignment and which are sometimes collectively refened to herein as :�
<br /> . � "Additional Collateral"are as follows: �`-�
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<br /> �,3 `' 1.1. All of Assignor's right,title and interest in and to all contracts ;ti� �
<br /> � between Assignor and third parties in connection with the management, construction, �
<br /> renovarion, use, operaiion or mainiCnanc:e �i il�e Fnciiiiy, iii�Iuuii,g wiiuuui 2i�iiiai�:,r, ih� -
<br /> Management Agreement applicable to the Facility,any franchise agreements, any
<br /> agreements regarding parking facilities for the Facility, any architect's agreements,
<br /> construction contracts,licsnsing agreements, subcontracts, service and supply agreernents,
<br /> any other agreements with design professionals, all agreements, allocations, and rights _
<br /> � , . . with all utility services serving the Facility and all development agreements, reservabon ��:Y�
<br /> � agreements, agreements of sale, oprions to purchase, rights of first refusal or any other
<br /> � � � ���' �' preferential right and Permits,which have heretofore been or will hereafter be executed -
<br />;;�a�.. �.';:°, ` by or on behalf of Assignor or any manager under any management agreement (thc ���;�,r
<br />`����`a- � • "ManaQer"), or which have been or will hereafter be assigned to Assignor, as the same
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<br /> �-��"""`r�'''� '' may thereafter from time to time be supplemented, amended,modified or extended by
<br /> '`'-������ �'4'` one or more written a eements su lemental thereto a ucable to the Facili -
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<br />-a^':ts� (collecrively, the "�4�reements'; the parties with whom or to whom such Agreementshave -
<br /> `;:��,�;��;� been or may hereafter be given are, along with the Contractors, hereinafter collectively _.
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<br /> --���• r�ferred 2o as th� C�tractors ). �=�-�-
<br /> '_`��'<`Ar'A' _ - __—_--" __—.
<br /> �=�'�'��� 1.2. All of Assignor's ri6ht,title and intesest in and to all =-
<br /> _ �.�'�''"� wananties, guarantess, and other rights of Assignor or any manager under any -
<br /> _-:�`•""r"':_';� management ageement, direct and indirect, against rnanufacturers, dealers, suppliers, p�,
<br /> ` .�''°' � � Contractors, and others in co�ection with the work done or to be done and the -_.------.
<br /> - �'^..1�,�,'., materials supplied or to be supplied for the Facility (together, the "Warranti�s"). �` °------- __�`
<br /> � 2. Assi�nment. Assignor hereby assigns, transfers and sets over unto _---=----_
<br /> ; Assi�nee all of Assignor's right, title and interest in and to the Additional Collateraland ' '^"�"=""'°°'�"'
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<br /> .��. all rights and bene�its therefrom, as security for the full, timely and faithful repayment :�.::�'��
<br /> � � and performance by the Trust and the Other Borrower of the Loan Obligations (as '��:•`L:{x_ �'`
<br /> defined in the Mortgage and the Other Loan Documents) and performance of all of the ��� %�"�`=`•;:�a�:;�t-
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