Common use of No Impairment of Lien Clause in Contracts

No Impairment of Lien. No violation or breach of, or failure to comply with, any provision of this Agreement, and no action to enforce any such provision, or lien created thereby, shall affect, defeat, render invalid or impair the lien of any mortgage, deed of trust or other lien on the Property taken in good faith and for value; nor shall any violation, breach, failure to comply or action to enforce any provision hereof affect, defeat, render invalid or impair the title or interest of the holder of any such mortgage, deed of trust or other lien or title or any interest acquired by any purchaser upon foreclosure of any such mortgage, deed of trust or other lien, or result in any liability, personal or otherwise, of any such holder or purchaser.

No Impairment of Lien. No violation or breach of, or failure to comply with, any provision of this Agreement, and no action to enforce any such provision, or lien created thereby, shall affect, defeat, render invalid or impair the lien of any mortgage, deed of trust or other lien on the Property Properties taken in good faith and for value; nor shall any violation, breach, failure to comply or action to enforce any provision hereof affect, defeat, render invalid or impair the title or interest of the holder of any such mortgage, deed of trust or other lien or title or any interest acquired by any purchaser upon foreclosure of any such mortgage, deed of trust or other lien, or result in any liability, personal or otherwise, of any such holder or purchaser.

No Impairment of Lien. No violation or breach of, or failure to comply with, any provision of this Development Agreement, and no action to enforce any such provision, or lien created thereby, shall affect, defeat, render invalid or impair the lien of any mortgage, deed of trust trust, or other lien on the Property Properties taken in good faith and for value; nor shall any violation, breach, failure to comply or action to enforce any provision hereof affect, defeat, render invalid or impair the title or interest of the holder of any such mortgage, deed of trust trust, or other lien or title or any interest acquired by any purchaser upon foreclosure of any such mortgage, deed of trust trust, or other lien, or result in any liability, personal or otherwise, of any such holder or purchaser.