Common use of No New Encumbrances Clause in Contracts

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.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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No New Encumbrances. During the period term of this Agreement is in force and effectAgreement, Seller shall not enter into convey or encumber any new agreements with respect to portion of the Property or suffer any rights therein without the Property to be encumbered in any way without Purchaser’s prior written consent of Purchaser, which may consent shall not be granted unreasonably withheld or withheld in Purchaser’s sole discretiondelayed.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Rollins Inc), K) Purchase and Sale Agreement (Rollins Inc)

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