No New Encumbrances. From and after the Effective Date until the date and time of the Closing, Seller shall not convey any portion of the Property or any rights therein, or enter into any conveyance, security document, easement or other agreement, or amend any existing agreement, granting to any Person (other than Buyer) any rights with respect to the Property or any part thereof or any interest whatsoever therein, without Buyer’s prior written consent.
No New Encumbrances. During the period this Agreement is in force and effect, Seller shall not enter into any new agreements with respect to the Property or suffer the Property to be encumbered in any way without Purchaser’s prior written consent which may be granted or withheld in Purchaser’s sole discretion.
No New Encumbrances. Seller shall not, without the prior written consent of Purchaser (which consent may be withheld in Purchaser’s sole and absolute discretion), grant, permit or otherwise create or consent to the creation of any easement, subdivision plat, restriction, restrictive covenant, lien, assessment, or encumbrance affecting any portion of the Property.
No New Encumbrances. Seller agrees that during the term of this Agreement it shall not convey or encumber any portion of the Property or any rights therein, nor enter into any conveyance, security document, easement, or other agreement granting to any person or entity any rights with respect to the Property or any part thereof, or any interest whatsoever therein, or any option with respect thereto, or amend any easement or covenant affecting the Property or waive any material rights thereunder, in each case without the prior written consent of Purchaser, which consent shall not be unreasonably withheld, conditioned or delayed, provided that after the expiration of the Inspection Period, Purchaser shall have the right to withhold its consent to any new encumbrance in its sole discretion.
No New Encumbrances. From the Effective Date through the Closing Date, Seller shall not encumber the Property or enter into any agreements relating to the sale of the Property, except for any encumbrances that will not survive the Closing.
No New Encumbrances. Except as otherwise provided in Section 9 hereof, from and after the Inspection Date to the Closing Date, Seller shall not convey any portion of the Property or any rights therein, or enter into any conveyance, security document, easement or other agreement, or amend any existing agreement, granting to any person or entity any rights with respect to the Property or any part thereof or any interest whatsoever therein, without Buyer's prior consent, which may not be unreasonably withheld or delayed.
No New Encumbrances. None of the Real Estate shall have become subject to any liens, encumbrances, mortgages, security interests or other adverse rights not in existence as of the date of this Agreement, other than the Permitted Encumbrances.
No New Encumbrances. For the period from the Effective ------------------- Date to the Closing Date and except as otherwise provided in Sections 2.7 ------------ through 2.11, Seller shall not: (a) voluntarily convey all or any portion of the ------------ Property or any rights or interests therein (except conveyance to effect or facilitate a Like-Kind Exchange in accordance with Section 7.25), (b) enter into ------------ any new security document, easement or other agreement affecting title to all or any portion of or interest in the Property, other than Leases, Contracts or Other Contracts entered into pursuant to Sections 2.7, 2.8 and/or 2.9, or (c) ---------------------------- amend any existing agreement granting to any Person any rights with respect to all or any portion of the Property or any interests therein (other than Leases, Contracts or Other Contracts and any amendments, renewal, expansion, assignment, sublease or extension thereof entered into pursuant to Sections 2.7, 2.8 and/or ------------------------ 2.9), without the prior written approval of Purchaser, which approval shall not ---- be unreasonably withheld, delayed or conditioned by Purchaser in respect of the matters referenced in (b) and (c) prior to the Due Diligence Termination Date and is in Purchaser's sole discretion after the Due Diligence Termination Date provided Purchaser elects to proceed to Closing in accordance with Section 2.3. ----------- If prior to the Closing Date, all or any portion of the Property or any rights therein becomes subject to any Monetary Exception, (but excluding any condemnation or eminent domain proceeding) Seller agrees to pay or discharge (including by bonding over the same) such Monetary Exception at or prior to Closing.
No New Encumbrances. For the period from the Effective Date to the Closing Date and except as otherwise provided in Sections 2.7 through 2.11, Seller shall not: (a) voluntarily convey all or any portion of the Property or any rights or interests therein, (b) enter into any new security document, easement or other agreement affecting title to all or any portion of or interest in the Property, other than Leases, Contracts or Other Contracts entered into pursuant to Sections 2.7, 2.8 and/or 2.9, or (c) amend any existing agreement granting to any Person any rights with respect to all or any portion of the Property or any interests therein (other than Leases, Contracts or Other Contracts entered into pursuant to Sections 2.7, 2.8 and/or 2.9), without the prior written approval of Purchaser, which approval shall not be unreasonably withheld, delayed or conditioned by Purchaser in respect of the matters referenced in (b) and (c) prior to the Due Diligence Termination Date and is in Purchaser's sole discretion after the Due Diligence Termination Date, provided Purchaser elects to proceed to Closing in accordance with Section 2.3. If prior to the Closing Date, all or any portion of the Property or any rights therein becomes subject to any monetary lien, including any judgment lien (but excluding any condemnation or eminent domain proceeding), Seller agrees to pay or discharge (including by bonding over the same) such monetary liens at or prior to Closing, provided such liens are not caused by the Due Diligence or other acts or omissions of the Purchaser Parties at Closing Escrow Agent shall cause the issuance of the Title Policy (as herein defined) to insure against such liens or otherwise exclude such liens on Schedule B of the Title Policy if such coverage is available in the State of Texas.
No New Encumbrances. Seller agrees that it will not between the date of this Agreement and the Closing Date grant any new servitudes, liens and/or encumbrances affecting the Terminal Assets, other than the Servitudes.
