Liens on the Properties. Neither Borrower nor, if applicable, any Single-Purpose Equityholder shall permit or suffer the existence of any Lien on any of its assets, other than Permitted Encumbrances.
Appears in 3 contracts
Samples: Loan Agreement (Life Time Fitness Inc), Loan Agreement (American Casino & Entertainment Properties LLC), Loan Agreement (American Casino & Entertainment Properties LLC)
Liens on the Properties. Neither Borrower norNo Borrower, no Property Owner, and, if applicable, any no Single-Purpose Equityholder shall permit or suffer the existence of any Lien on any of its assets, other than Permitted Encumbrances.
Appears in 3 contracts
Samples: Senior Mezzanine Loan Agreement (Gramercy Capital Corp), Senior Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (Gramercy Capital Corp)
Liens on the Properties. Neither No Borrower norand, if applicable, any no Single-Purpose Equityholder shall permit or suffer the existence of any Lien on any of its assets, other than Permitted Encumbrances.
Appears in 1 contract