Common use of Liens on the Collateral Clause in Contracts

Liens on the Collateral. No Required SPE shall permit or suffer the existence of any Lien on any of its assets, other than Permitted Encumbrances.

Appears in 9 contracts

Samples: Loan Agreement (Parkway, Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Parkway, Inc.)

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Liens on the Collateral. No Required SPE shall permit or suffer the existence of any Lien on any of its assets, other than Permitted EncumbrancesEncumbrances and any Lien being contested in accordance with the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)

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Liens on the Collateral. No Required SPE shall permit or suffer the existence of any Lien on any of its assets, other than than, in the case of Borrower, Mezzanine Loan Permitted Encumbrances, and in the case of Mortgage Borrower, Mortgage Loan Permitted Encumbrances.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (New York REIT, Inc.)

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