Common use of Extent of Encumbrance Clause in Contracts

Extent of Encumbrance. A Permitted Mortgage shall encumber no interest in property other than Master Xxxxxx’s interest in the leasehold and improvements to the Premises, including without limitation, Master Tenant’s interest in the Premises, Master Tenant’s Work, Subtenant’s Work and Master Xxxxxx’s Property, and any personal property of any Subtenant.

Appears in 2 contracts

Samples: Master Lease, Master Lease

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Extent of Encumbrance. A Permitted Mortgage shall encumber no interest in property other than Master XxxxxxTenant’s interest in the leasehold and improvements to the Premises, including without limitation, Master Tenant’s interest in the Premises, Master Tenant’s Work, Subtenant’s Work and Master XxxxxxTenant’s Property, and any personal property of any Subtenant.

Appears in 2 contracts

Samples: Master Lease, Master Lease

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