Liens on the Collateral. No Borrower shall permit or suffer the existence of any Lien on any of the Properties senior to the Lien of the applicable Mortgage, other than Permitted Encumbrances.
Appears in 7 contracts
Samples: Loan Agreement (Sears Holdings Corp), Loan Agreement (Sears Holdings Corp), Loan Agreement (Sears Holdings Corp)
Liens on the Collateral. No Borrower shall not permit or suffer the existence of any Lien on any of the Properties senior to the Lien of the applicable Mortgageits assets, other than Permitted Encumbrances.
Appears in 3 contracts
Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Toys R Us Inc), Loan Agreement (Aspen REIT, Inc.)
Liens on the Collateral. No Borrower shall permit or suffer the existence of any Lien on (i) any of the Properties senior to the Lien of the applicable Mortgage, other than Permitted Encumbrances, or (ii) any other Collateral, other than Permitted Encumbrances.
Appears in 2 contracts
Samples: Loan Agreement (Sears Holdings Corp), Loan Agreement
Liens on the Collateral. No Borrower shall permit or suffer the existence of any Lien on (i) any of the Properties senior to the Lien of the applicable Mortgage, other than Permitted EncumbrancesEncumbrances or (ii) any other Collateral.
Appears in 1 contract
Samples: Loan Agreement (Sears Holdings Corp)
