Charging of any Asset. During the Useful Economic Life of each Asset the Grant Recipient shall not create any charge, legal mortgage, debenture, or lien over any Asset without the prior written consent of the Secretary of State (except for Security contemplated by the Project Specific Conditions).
Appears in 4 contracts
Samples: European Regional Development Fund Revenue Funding Agreement, European Regional Development Fund Revenue Funding Agreement, European Regional Development Fund Revenue Funding Agreement
Charging of any Asset. During the Useful Economic Life of each Asset the Grant Recipient shall not create any charge, legal mortgage, debenture, or lien over any Asset without the prior written consent of the Secretary of State GLA (except for Security contemplated by the Project Specific Conditions).
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
