After-Acquired Property. Borrower will grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
Appears in 10 contracts
Samples: Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.)
After-Acquired Property. Borrower will grant to Lender a first lien Lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
Appears in 3 contracts
Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (United Realty Trust Inc)
After-Acquired Property. Borrower will shall grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
Appears in 2 contracts
Samples: Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.)
After-Acquired Property. Borrower will shall grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
Appears in 2 contracts
Samples: Loan Agreement (Golf Ventures Inc), Loan Agreement (Golf Ventures Inc)
After-Acquired Property. Borrower will grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
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After-Acquired Property. Borrower will grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in Borrower and relating to the construction, maintenance and/or operation of the ImprovementsPledged Assets, immediately upon acquisition of same or any part of same.
Appears in 1 contract
Samples: Revolving Credit Loan and Security Agreement (Ashford Hospitality Trust Inc)
After-Acquired Property. Borrower will grant to Lender a first lien Lien security interest in and to all equipment Equipment and other personal property Personal Property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of samesame following the date hereof.
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After-Acquired Property. Borrower will grant hereby grants to Lender a first lien Lien security interest in and to all equipment and other personal property owned owned, leased or licensed by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of samesame following the date hereof.
Appears in 1 contract
Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)
After-Acquired Property. Borrower will grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.. Section 4.11
Appears in 1 contract
Samples: Loan Agreement (Mark Centers Trust)
After-Acquired Property. Borrower will grant to Lender a first lien security interest in and to all equipment and other personal property owned by BorrowerBorrower and located at any Property, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same, unless such equipment or personal property is the subject of any Indebtedness which would prohibit the granting of such security interest.
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After-Acquired Property. Each Borrower will grant to Lender a first lien security interest in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)
After-Acquired Property. Borrower Borrowers will grant to Lender a first lien Lien security interest in and to all equipment and other personal property owned by BorrowerBorrowers, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
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After-Acquired Property. Subject to the Permitted Encumbrances, Borrower will shall grant to Lender a first lien security interest interest, in and to all equipment and other personal property owned by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
Appears in 1 contract
Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.)
After-Acquired Property. Each Borrower will grant to Lender a first lien Lien security interest in and to all equipment and other personal property owned by such Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of same.
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After-Acquired Property. Without limitation of Borrower’s other obligations described herein, Borrower will grant hereby grants to Lender a first lien Lien security interest in and to all equipment and other personal property owned owned, leased or licensed by Borrower, whether or not used in the construction, maintenance and/or operation of the Improvements, immediately upon acquisition of same or any part of samesame following the date hereof.
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