No Additional Indebtedness. Except as set forth in Exhibit D, each Mortgage Loan prohibits the related Mortgagor from mortgaging or otherwise encumbering the Mortgaged Property and from carrying any additional indebtedness except in connection with (A) trade debt and equipment financings in the ordinary course of Mortgagor's business and (B) liens arising by operation of law that are contested in accordance with the terms of the Mortgage Loan.
Appears in 2 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V), Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V)
No Additional Indebtedness. Except as set forth in Exhibit D, each the Mortgage Loan prohibits the related Mortgagor from mortgaging or otherwise encumbering the Mortgaged Property and from carrying any additional indebtedness except in connection with (A) trade debt and equipment financings in the ordinary course of Mortgagor's business and (B) liens arising by operation of law that are contested in accordance with the terms of the Mortgage Loan.
Appears in 2 contracts
Samples: Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1), Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1)
No Additional Indebtedness. Except as set forth in Exhibit D, each The Mortgage Loan prohibits the related Mortgagor from mortgaging or otherwise encumbering the Mortgaged Property and from carrying any additional indebtedness except in connection with (A) trade debt and equipment financings in the ordinary course of Mortgagor's business and (B) liens arising by operation of law that are contested in accordance with the terms of the Mortgage Loan.
Appears in 1 contract
Samples: Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1)
