Common use of No Additional Liens Clause in Contracts

No Additional Liens. Grantor covenants not to execute any deed of trust, security agreement, assignment of leases and rents or other agreement granting a lien (except the liens granted to Beneficiary and Trustee by the Loan Documents) or, except as set forth in Paragraph 2 above, take or fail to take any other action which would result in a lien against the interest of Grantor in the Property without the prior written consent of Beneficiary.

Appears in 3 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing, Leasehold Deed of Trust, Security Agreement and Fixture Filing (Maguire Properties Inc), Deed of Trust, Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT, Inc.)

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No Additional Liens. Grantor covenants not to execute any deed of trustmortgage, security agreement, assignment of leases and rents or other agreement granting a lien (except the liens granted to Beneficiary and Trustee by the Loan Documents) or, except as set forth in Paragraph 2 above, take or fail to take any other action which would result in a lien against the interest of Grantor in the Property without the prior written consent of Beneficiary.

Appears in 1 contract

Samples: Deed of Trust (NNN Healthcare/Office REIT, Inc.)

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No Additional Liens. Grantor covenants not to execute any deed of trust, security agreement, assignment of leases and rents or other agreement granting a lien (except the liens granted to Beneficiary and Trustee by the Loan Documents) or, except as set forth in Paragraph PARAGRAPH 2 above, take or fail to take any other action which would result in a lien against the interest of Grantor in the Property without the prior written consent of Beneficiary.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (NNN 2003 Value Fund LLC)

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