Common use of No Encumbrances Clause in Contracts

No Encumbrances. Developer shall not pledge any District payments of any kind, related to the Site Lease, this Facilities Lease, or in any way derived from the Project Site, and shall not mortgage or encumber the Project Site, except as may be specifically permitted pursuant to the provisions of this Facilities Lease related to Developer’s financing the construction of the project.

Appears in 35 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

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No Encumbrances. Developer shall not pledge any District payments of any kind, related to the Site Lease, this Facilities Lease, or in any way derived from the Project Site, and shall not mortgage or encumber the Project Site, except as may be specifically permitted pursuant to the provisions of this Facilities Lease related to Developer’s financing the construction of the project.

Appears in 28 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

No Encumbrances. Developer shall not pledge any District payments of any kind, related to the Master Site Lease, this Master Facilities Lease, or in any way derived from the Project SiteSites, and shall not mortgage or encumber the Project SiteSites, except as may be specifically permitted pursuant to the provisions of this Master Facilities Lease related to Developer’s financing the construction of the project.

Appears in 3 contracts

Samples: Master Facilities Lease, Master Facilities Lease, Master Facilities Lease

No Encumbrances. D R A F T Developer shall not pledge any District payments of any kind, related to the Site Lease, this Facilities Lease, or in any way derived from the Project Site, and shall not mortgage or encumber the Project Site, except as may be specifically permitted pursuant to the provisions of this Facilities Lease related to Developer’s financing the construction of the project.

Appears in 2 contracts

Samples: Facilities Lease, Facilities Lease

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No Encumbrances. Developer shall not pledge any District payments of any kind, related to the Site Lease, this Facilities Lease, or in any way derived from the Project Site, and shall not mortgage or encumber the Project Site, except as may be specifically permitted pursuant to the provisions of this Facilities Lease related to Developer’s financing the construction of the projectProject.

Appears in 1 contract

Samples: Facilities Lease

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