Common use of No New Encumbrances Clause in Contracts

No New Encumbrances. During the term of this Agreement, Seller shall not convey or encumber any portion of the Property or any rights therein without the prior written consent of Purchaser, which consent shall not be unreasonably withheld or delayed.

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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