Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit Agreement, Mortgagor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property.
Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit Agreement, Grantor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Trust Property.
Due on Sale and Other Transfer Restrictions. Except as permitted under the Credit Agreement or Section 10 hereof, Grantor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property.
Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit Agreement, Mortgagor shall not, without the prior written consent of Mortgagee, sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property. Notwithstanding anything herein to the contrary, so long as no Event of Default has occurred and is continuing, the Mortgagor may use, lease and dispose of all or any part of the Mortgaged Property in the ordinary course of its business, subject to the terms of the Credit Agreement and the provisions of this Mortgage.
Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit. Agreement, Trustor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property.
Due on Sale and Other Transfer Restrictions. Mortgagor ---------------------------------------------- shall not sell, transfer, lease, convey or assign or otherwise dispose of all or any portion of, or any interest in, the Mortgaged Property. Mortgagor shall not enter into any agreement to sell, transfer, lease, convey or assign or otherwise dispose of all or any portion of, or any interest in, the Mortgaged Property unless such agreement contains a convenant by the purchaser thereunder to pay all net proceeds directly to Mortgagee in lieu of Mortgagor.
Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit Agreement, the Mortgagor shall not sell, convey or assign all or any portion of, or any interest in, the Mortgaged Property.
Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit Agreement, Mortgagor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property. New Haven County, CT
Due on Sale and Other Transfer Restrictions. Except as expressly permitted under the Credit Agreement, in the event Grantor shall sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property, then the Indebtedness shall, at the option of the, holders of a majority of the Aggregated Revolving Credit. Exposure, become immediately due and payable in full, and Grantor’s failure to pay the Indebtedness upon the demand of Beneficiary shall constitute an Event of Default under the Credit Agreement and this Deed of Trust.
Due on Sale and Other Transfer Restrictions. Except as may be expressly permitted under the Credit Agreement, Mortgagor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property. Maintenance. MORTGAGOR SHALL, IN ACCORDANCE WITH THE TERMS OF THE CREDIT AGREEMENT, MAINTAIN OR CAUSE TO BE MAINTAINED ALL THE IMPROVEMENTS IN GOOD CONDITION AND REPAIR, REASONABLE WEAR AND TEAR EXCEPTED. Condemnation/Eminent Domain. Promptly upon obtaining knowledge of the institution of any proceedings for the condemnation of the Mortgaged Property, or any material portion thereof, Mortgagor will notify Mortgagee of the pendency of such proceedings. All condemnation proceeds shall be applied in the manner required by Section 2.13(b) of the Credit Agreement. Leases. MORTGAGOR SHALL NOT, EXCEPT AS EXPRESSLY PERMITTED UNDER THE CREDIT AGREEMENT, EXECUTE OR PERMIT TO EXIST ANY LEASE OF ANY OF THE MORTGAGED PROPERTY.
