Common use of Creation of Easements Clause in Contracts

Creation of Easements. Except as expressly permitted by or pursuant to the applicable Mortgage or this Agreement or as may otherwise be consented to by Lender in writing, create, or permit any Property or any part thereof to become subject to, any easement, license or restrictive covenant, other than a Permitted Encumbrance.

Appears in 4 contracts

Samples: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)

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Creation of Easements. Except as expressly permitted by or pursuant to the applicable Mortgage Deed of Trust or this Agreement or as may otherwise be consented to by Lender in writingAgreement, create, or permit any Property the Collateral or any part thereof to become subject to, any easement, license or restrictive covenant, other than a Permitted Encumbrance.

Appears in 1 contract

Samples: Loan Agreement (Las Vegas Sands Inc)

Creation of Easements. Except as expressly permitted by or pursuant to the applicable Mortgage or this Agreement or as may otherwise be consented to by Lender in writingBorrower Mortgage, create, or permit any REO Property or Additional Mortgageable Collateral or any part thereof to become subject to, any easement, license or restrictive covenant, other than a Permitted Encumbrance.

Appears in 1 contract

Samples: Loan Agreement (Echelon International Corp)

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Creation of Easements. Except as expressly permitted by or pursuant to the applicable Mortgage or this Agreement or as may otherwise be consented to by Lender in writingAgreement, create, or permit any the Mortgaged Property or any part thereof to become subject to, any easement, license or restrictive covenant, other than a Permitted Encumbrance.

Appears in 1 contract

Samples: Loan Agreement (Kranzco Realty Trust)

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