Common use of Leasehold Encumbrances Clause in Contracts

Leasehold Encumbrances. Tenant may mortgage Tenant’s interest under this Lease only if approved in advance, in writing, by the City Manager or his designee. In no event shall Tenant be permitted to mortgage the Real Property.

Appears in 3 contracts

Samples: Ground Lease, Ground Lease, Ground Lease

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Leasehold Encumbrances. Tenant may mortgage TenantXxxxxx’s interest under this Lease only if approved in advance, in writing, by the City Manager or his designee. In no event shall Tenant be permitted to mortgage the Real Property.

Appears in 1 contract

Samples: Ground Lease

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