Common use of Further Encumbrance of Chattels Clause in Contracts

Further Encumbrance of Chattels. Mortgagor will neither create nor permit any lien, security interest or encumbrance against the Chattels or Intangible Personalty or any part thereof or interest therein, other than the liens and security interests created by the Loan Documents, without the prior written consent of Mortgagee, which may be withheld for any reason.

Appears in 12 contracts

Samples: Mortgage, Security Agreement (Griffin Capital Essential Asset REIT, Inc.), Security Agreement and Fixture Filing (GTJ REIT, Inc.), Management Agreement (GTJ REIT, Inc.)

AutoNDA by SimpleDocs

Further Encumbrance of Chattels. Mortgagor Xxxxxxxxx will neither create nor permit any lien, security interest or encumbrance against the Chattels or Intangible Personalty or any part thereof or interest therein, other than the liens and security interests created by the Loan Documents, without the prior written consent of Mortgagee, which may be withheld for any reason.

Appears in 2 contracts

Samples: Sonesta International Hotels Corp, Sonesta International Hotels Corp

AutoNDA by SimpleDocs

Further Encumbrance of Chattels. Mortgagor will neither create nor permit any lien, security interest or encumbrance against the Chattels or Intangible Personalty or any part thereof or interest therein, other than the liens and security interests created by the First Security Instrument and the Loan Documents, without the prior written consent of Mortgagee, which may be withheld for any reason.

Appears in 1 contract

Samples: Griffin Capital Essential Asset REIT, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.