No Conflicting Liens. Funding Recipient shall not create, permit or suffer to exist any Lien against the Funding, any City-Funded Equipment and/or other Collateral covered by the Security Agreement, except Liens in favor of the City and, in the case of City-Funded Equipment and other Collateral, Permitted HUD Liens.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
No Conflicting Liens. Funding Recipient shall not create, permit or suffer to exist any Lien against the Funding, any City-Funded Equipment Equipment, City-Funded Vehicles and/or other Collateral covered by the Security Agreement, except Liens in favor of the City and, in the case of City-Funded Equipment and other Collateral, Permitted HUD Liens.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
No Conflicting Liens. Funding Recipient shall not create, permit or suffer to exist any Lien against the Funding, any City-Funded Equipment Vehicles and/or other Collateral covered by the Security Agreement, except Liens in favor of the City and, in the case of City-Funded Equipment and other Collateral, Permitted HUD Liens.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement