Liens on Property. There shall be filed any claim of lien against the Property of any part thereof, or any interest or right made appurtenant thereto, and the continued maintenance of said claim of lien or notice to withhold for a period of twenty (20) days without discharge, bonding or satisfaction thereof or provision therefor satisfactory to the County.
Liens on Property. Except as otherwise provided in this Agreement or in any other Loan Documents, Borrower shall not cause or suffer to become effective any lien, restriction or other title limitation affecting any part of the Property other than (i) the Permitted Encumbrances, and (ii) real estate taxes and assessments not delinquent. Upon request of Administrative Agent, Borrower shall provide to Administrative Agent written evidence of the payment of all real estate taxes on or before such taxes become delinquent.
Liens on Property. Other than the liens or encumbrances related to the Senior Lender Loan, there shall be filed any claim of lien against the Property of any part thereof, or any interest or right made appurtenant thereto, and the continued maintenance of said claim of lien or notice to withhold for a period of twenty (20) days without discharge, bonding or satisfaction thereof or provision therefor satisfactory to the County Board.
Liens on Property. Borrower specifically reaffirms Section 3.11 of the Loan Agreement, except that the representation and warranty relating to the fact that the Property is subject to no liens securing monetary obligations other than the "Aetna Loan" shall include the Aetna Loan as modified in accordance with the Aetna Restructuring. References to the Aetna Loan in Article III of the Loan Agreement shall be deemed to refer to the Aetna Loan as so modified.
Liens on Property or assets of a Subsidiary of a Borrower in favor of such Borrower or a Subsidiary (other than a Project Finance Subsidiary, Non-Material Subsidiary or SPC) that is directly or indirectly wholly owned by such Borrower.
Liens on Property. Evidence, satisfactory to the Bank, that all personal property, fixtures and equipment, etc., in which the Bank is taking a security interest is free and clear of all Liens of every nature and description other than Permitted Liens.
Liens on Property. To Seller's Knowledge, no action has been taken with respect to work performed or delivery of material which would give rise to a lien on the Property for which adequate provision for payment has not been made. To Seller's Knowledge, at Closing, there will be no claim in favor of any person or entity which is or could become a lien on the Land, the Improvements, or the Included Personal Property, arising out of the furnishing of labor or materials to the Property for which adequate provision for payment has not been made; there will be no unpaid assessments against the Property, except for property taxes assessed but not due and payable at the time of Closing; and there will be no claim in favor of any person or entity (including the present management) for any unpaid commissions or fees for leasing of the Property. In the event of any such claims at Closing, Seller, at its option and in lieu of the foregoing, either may (i) establish with the Title Insurer an escrow of funds in an amount and upon conditions reasonably acceptable to Seller and Purchaser, (ii) provide a bond in favor of Purchaser or the Title Insurer in such amount, upon such conditions and for such purposes as may be satisfactory to Purchaser, Seller and the Title Insurer in either case for the purpose of providing for such claims and/or inducing the Title Insurer to insure Purchaser's title to the Property free and clear of such claims, or (iii) in the event that a statutory bond process is available, a bond in the form and amount required by applicable statute.
Liens on Property of the Borrower, EQR or the Subsidiaries of either or both (other than Qualifying Unencumbered Property) securing Indebtedness which may be incurred or remain outstanding without resulting in an Event of Default hereunder; and
Liens on Property of the Borrower and the Restricted Subsidiaries (other than proved Oil and Gas Properties or Property constituting Collateral) not otherwise permitted by any other clause of this Section 9.03; provided that the aggregate principal or face amount of all Debt secured under this Section 9.03(d) shall not exceed $15,000,000 at any time.
Liens on Property. Borrower shall not cause or suffer to become effective any lien, restriction or other title limitation affecting any part of the Property other than mechanics’ liens permitted pursuant to Section 4.3(g), the Regulatory Agreement, the Deed of Trust, the Permitted Encumbrances, the regulatory agreements and deeds of trust relating to the Subordinate Loans and any other liens or encumbrances previously approved by Bondowner Representative in writing and the inchoate liens securing the payment of taxes and assessments not delinquent. Borrower acknowledges that, with any project of the magnitude of the Project, modifications of the Plans and Specifications and Loan Documents may be necessary from time to time and that the existence of junior lienholders, who would be required to consent to such modifications in order to protect the priority of the lien of the Deed of Trust, could impair the expeditious completion of the Project, to the detriment of all parties.
