Common use of No Encumbrance, Mortgage or Pledge Clause in Contracts

No Encumbrance, Mortgage or Pledge. Neither the Authority nor the Board shall directly or indirectly create, incur, assume or suffer to exist any mortgage, pledge, lien, charge, encumbrance or claim on or with respect to the Series 2024 Property, except for Permitted Encumbrances as defined in the Master Lease.

Appears in 2 contracts

Samples: Ground Lease Agreement, Ground Lease Agreement

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No Encumbrance, Mortgage or Pledge. Neither the Authority nor the Board shall directly or indirectly create, incur, assume or suffer to exist any mortgage, pledge, lien, charge, encumbrance or claim on or with respect to the Series 2024 2024B Property, except for Permitted Encumbrances as defined in the Master Lease.

Appears in 1 contract

Samples: Ground Lease Agreement

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No Encumbrance, Mortgage or Pledge. Neither the Authority nor the Board shall directly or indirectly create, incur, assume or suffer to exist any mortgage, pledge, lien, charge, encumbrance or claim on or with respect to the Series 2024 2021 Property, except for Permitted Encumbrances as defined in the Master Lease.

Appears in 1 contract

Samples: Ground Lease Agreement

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