Common use of Alterations, Removal and Demolition Clause in Contracts

Alterations, Removal and Demolition. Grantor shall not structurally alter, remove or demolish any building or improvement on the Property without Beneficiary's prior written consent. Grantor shall not remove any fixture or other item of property which is part of the Collateral without Beneficiary's prior written consent unless the fixture or item of property is replaced by an article of equal suitability owned by Grantor free and clear of any lien or security interest.

Appears in 4 contracts

Samples: Deed of Trust (Ids Shurgard Income Growth Partners L P Ii), Deed of Trust, Security Agreement and Fixture Filing With Assignment of Leases and Rents (Pacific Aerospace & Electronics Inc), Deed of Trust, Security Agreement and Fixture Filing With Assignment of Leases and Rents (Pacific Aerospace & Electronics Inc)

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Alterations, Removal and Demolition. Unless otherwise agreed in writing by Beneficiary, Grantor shall not structurally alter, remove or demolish any building or improvement on the Property without Beneficiary's prior written consent. Grantor shall not remove any fixture or other item of property which is part of the Collateral without Beneficiary's prior written consent unless the fixture or item of property is replaced by an article of equal suitability suitability, owned by Grantor free and clear of any lien or security interest.

Appears in 2 contracts

Samples: Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan Agreement (Coeur D Alenes Co /Ia/)

Alterations, Removal and Demolition. Unless otherwise agreed in writing by Beneficiary, Grantor shall not structurally alter, remove or demolish any building or improvement on the Property without Beneficiary's prior written consent, except minor changes that do not reduce the number of units and do not affect Beneficiary’s affordability requirements. Grantor shall not remove any fixture or other item of or property which is part of the Collateral Property without Beneficiary's prior written consent unless the fixture or item of property is replaced by an article of equal suitability suitability, owned by Grantor free and clear of any lien or security interest.

Appears in 1 contract

Samples: Line of Credit Trust Deed

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Alterations, Removal and Demolition. Unless otherwise agreed in writing by Beneficiary, Grantor shall not structurally alter, remove or demolish any building or improvement on the Property without Beneficiary's ’s prior written consent, except minor changes that do not reduce the number of units and do not affect Beneficiary’s affordability requirements. Grantor shall not remove any fixture or other item of or property which is part of the Collateral Property without Beneficiary's ’s prior written consent unless the fixture or item of property is replaced by an article of equal suitability suitability, owned by Grantor free and clear of any lien or security interest.

Appears in 1 contract

Samples: Line of Credit Trust Deed, Security Agreement, Fixture Filing and Assignment of Leases and Rents

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