No Additional Encumbrances Sample Clauses

No Additional Encumbrances. Borrower shall not cause or suffer to occur or exist, directly or indirectly, voluntarily or involuntarily, by operation of law or otherwise, any sale, transfer, mortgage, pledge, lien or encumbrance (other than Permitted Exceptions, liens for ad valorem taxes and assessments that are not delinquent and those liens which Borrower is contesting in accordance with the terms of this Agreement,) of all or any part of the Project or any interest therein.
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No Additional Encumbrances. As of the date that this Agreement is signed by the Seller, Seller shall not further sell, lease, or encumber, directly or indirectly, any interest in the Property prior to closing without the Conservancy’s prior written consent, which may or may not be given in the Conservancy’s sole discretion.
No Additional Encumbrances. Create, incur, assume, or suffer to exist, any Encumbrance upon the Collateral, other than Permitted Encumbrances.
No Additional Encumbrances. Borrower shall remain the owner of the Equipment (whether acquired prior to or after the date hereof) free from any lien security interest or encumbrance except those in favor of Lender and those arising under the Master Lease, and Borrower shall not execute or permit the filing of any financing statement thereon other than other than the UCC-1 Financing Statements (and any financing statement contemplated by the Mortgage Loan Agreement). Borrower shall defend the Equipment against all claims and demands of all persons other than Lender. Borrower shall not permit any action to be taken which would adversely affect the value of the Equipment or which would encumber, cloud or adversely effect in any manner Borrower's title or interest therein other than as contemplated by the Loan Documents. SCS Finance I Equipment Loan
No Additional Encumbrances. From and after the Effective Date, Seller shall not, without obtaining Purchaser's prior written consent in each instance, create, incur, consent to or permit to exist, any easement, restriction, right-of-way, reservation, mortgage, lien, pledge, encumbrance, lease, license, occupancy agreement or legal or equitable interest, which in any way affects the Property or any portion thereof other than those of record as of the Effective Date and those that will be satisfied by Seller and released of record at Closing, and Seller hereby covenants that Seller shall comply with and abide by all of the terms and provisions of such existing easements, restrictions, rights-of-way, reservations, mortgages, liens, pledges, encumbrances, leases, licenses, occupancy agreements and agreements through the Closing Date to the extent such easements, restrictions, rights-of-way, reservations, mortgages, liens, pledges, encumbrances, leases, licenses, occupancy agreements and agreements are known by Seller.
No Additional Encumbrances. Except as provided herein, a Related Transportation Entity shall not grant to the Owner of Related Transportation Indebtedness to secure payment thereunder any security interest in any of their respective assets or property.
No Additional Encumbrances. Grantor shall not, without the prior written approval of Grantee, create or convey any restrictions, covenants, easements, licenses, permits, leases, encumbrances or other rights in the Property.
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No Additional Encumbrances. Seller shall not, without Purchaser’s prior written consent, voluntarily grant, join in the execution of, or consent in writing to, the grant of any easement, subdivision plat, restriction, restrictive covenant, lien, or encumbrance affecting the Property.
No Additional Encumbrances. Except as may otherwise be provided herein or contemplated hereby, Seller shall not enter into any lease or other agreement or grant any easement, license or other encumbrance with respect to the Projects, or permit the Projects to be encumbered in any way unless such lease, agreement, easement, license or encumbrance will be terminated prior to Closing or is created with the prior written consent of Purchaser.
No Additional Encumbrances. From and after the date of this Agreement, PAID shall not do, permit or suffer to be done anything which would encumber title to the Option Property or would otherwise adversely affect the condition of such title without first obtaining the approval of Urban as to such encumbrance, which approval Urban may withhold if Urban believes, in its sole discretion that such encumbrance would impair Urban’s ability to use the entire Option Property for Urban’s Use (as such term is defined in the Acquisition Agreement). Notwithstanding the foregoing, PAID may encumber the Property with a Replacement Lease in accordance with the provisions of Section 8 hereof or a mortgage so long as, pursuant to its terms, PAID has the absolute right and privilege to satisfy such mortgage at any time and PAID, as a condition of the completion of Closing (as that term is defined in the Sale Agreement), causes such mortgage to be satisfied of record on or before the Closing Date.
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