Common use of No Conflicting Liens Clause in Contracts

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

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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

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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

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