Common use of Liens on Personal Property Clause in Contracts

Liens on Personal Property. Borrower shall not install in, or use in connection with, the Property any Personal Property which any Person other than Lender has the right to remove or repossess under any circumstances, or on which any Person other than Lender has a lien.

Appears in 5 contracts

Samples: Revolving Credit Loan Agreement (Global Self Storage, Inc.), Construction Loan Agreement (Sentio Healthcare Properties Inc), Construction Loan Agreement (CNL Growth Properties, Inc.)

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Liens on Personal Property. Borrower shall not install in, or use in connection with, the Property any Personal Property which any Person other than Lender Administrative Agent has the right to remove or repossess under any circumstances, or on which any Person other than Lender Administrative Agent has a lien.

Appears in 4 contracts

Samples: Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.), Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.), Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.)

Liens on Personal Property. Borrower shall not install in, or use in connection with, the Property any Personal Property personal property which any Person other than Lender or Bondowner Representative has the right to remove or repossess under any circumstances, or on which any Person other than Lender or Bondowner Representative has a lienlien (other than Permitted Liens).

Appears in 1 contract

Samples: Loan Agreement

Liens on Personal Property. Borrower shall will not install in, or use in connection with, the Property any Personal Property personal property which any Person other than Lender has the right to remove or repossess under any circumstances, or on which any Person other than Lender has a lienlien other than personal property which is leased by Borrower and not included in the Budget as part of construction costs and personal property owned by Tenants on the Property.

Appears in 1 contract

Samples: Term Loan Agreement (AmREIT Monthly Income & Growth Fund III LTD)

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Liens on Personal Property. Borrower shall not install in, or use in connection with, the Property any Personal Property personal property which any Person other than Lender has the right to remove or repossess under any circumstances, or on which any Person other than Lender has a lienlien (other than Permitted Liens).

Appears in 1 contract

Samples: Commercial Loan Agreement (Compass Plastics & Technologies Inc)

Liens on Personal Property. Borrower shall not install in, or use in connection with, the Property Property, any Personal Property personal property which any Person other than Lender has the right to remove or repossess under any circumstances, or on which any Person other than Lender has a lien.

Appears in 1 contract

Samples: Loan Agreement (Jagged Peak, Inc.)

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