Absence of Liens. A Borrower or a Guarantor is the owner of the Unencumbered Properties free from any lien, security interest, encumbrance and any other claim or demand, except for Permitted Liens.
Appears in 8 contracts
Samples: Revolving Credit and Term Loan Agreement (Life Storage Lp), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)
Absence of Liens. A The Borrower or a Guarantor is the owner of or the holder of a ground leasehold interest under an Eligible Ground Lease in the Unencumbered Properties free from any lien, security interest, encumbrance and any other claim or demand, except for Permitted Liens.
Appears in 7 contracts
Samples: Term Loan Agreement (Mack Cali Realty Corp), Revolving Credit Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty L P)
Absence of Liens. A The Borrower or a the Guarantor is the ---------------- owner of or the Unencumbered holder of a ground leasehold interest in the Borrowing Base Properties free from any lien, security interest, encumbrance and any other claim or demandLien, except for Permitted Liens.
Appears in 1 contract
Absence of Liens. A Borrower or a Guarantor is the owner of or the holder of a ground leasehold interest under an Eligible Ground Lease in the Unencumbered Properties free from any lien, security interest, encumbrance and any other claim or demand, except for Permitted Liens.
Appears in 1 contract
Samples: Revolving Credit Agreement (Cali Realty Corp /New/)
Absence of Liens. A The Borrower or a Guarantor is the owner of or the holder of a ground leasehold interest in the Unencumbered Properties Assets free from any lien, security interest, encumbrance and any other claim or demand, except for Permitted Liens.
Appears in 1 contract
