Common use of Deed in Trust Clause in Contracts

Deed in Trust. If title to the Property or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction against the creation of any lien on the Property shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 13 contracts

Samples: Guarantee and Collateral Agreement (Mirant North America, LLC), Credit Agreement (Orbimage Inc), Playtex Sales & Services Inc

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Deed in Trust. If title to the Property Premises or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction contained herein against the creation of any lien on the Property Premises shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 9 contracts

Samples: Mortgage and Security Agreement (Horizon Group Properties Inc), Mortgage and Security Agreement (Blue Ridge Real Estate Co), Mortgage and Security Agreement (Prime Group Realty Trust)

Deed in Trust. If title to the Property or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction contained herein against the creation of any lien on the Property shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 7 contracts

Samples: KBS Real Estate Investment Trust III, Inc., Security Agreement and Fixture Filing (Grubb & Ellis Healthcare REIT II, Inc.), FSP 50 South Tenth Street Corp

Deed in Trust. If title to the Secured Property or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction contained herein against the creation of any lien on the Secured Property shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 4 contracts

Samples: Open End Mortgage and Security Agreement (Griffin Industrial Realty, Inc.), Open End Mortgage and Security Agreement (Griffin Industrial Realty, Inc.), Mortgage and Security Agreement (RREEF Property Trust, Inc.)

Deed in Trust. If title to the Mortgaged Property or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction contained herein against the creation of any lien on the Mortgaged Property shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 2 contracts

Samples: Material Sciences Corp, Mortgage, Security Agreement and Fixture Financing Statement (Alexanders Inc)

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Deed in Trust. If title to the Property Collateral or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction against the creation of any lien on the Property Collateral shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 2 contracts

Samples: Intercreditor Agreement (Delta Air Lines Inc /De/), First Lien Security Agreement (Delta Air Lines Inc /De/)

Deed in Trust. If title to the Mortgaged Property or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction against the creation of any lien on the Mortgaged Property shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 1 contract

Samples: Security Agreement (Delta Air Lines Inc /De/)

Deed in Trust. If title to the Property Deed Collateral or any part thereof is now or hereafter becomes vested in a trustee, any prohibition or restriction against the creation of any lien on the Property Deed Collateral shall be construed as a similar prohibition or restriction against the creation of any lien on or security interest in the beneficial interest of such trust.

Appears in 1 contract

Samples: Security Agreement (Delta Air Lines Inc /De/)

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