No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (i) real estate taxes and personal property taxes not yet due and payable; and (ii) Permitted Title Exceptions, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Collateral shall be current.
Appears in 4 contracts
Samples: Loan Agreement (STAG Industrial, Inc.), Term Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Westwood Group Inc)
No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (i) encumbrances other than real estate taxes and personal property taxes not yet due and payable; payable and (ii) other Permitted Title ExceptionsLiens, if anyunless such liens or encumbrances have been approved by Administrative Agent and Lenders. All real estate taxes, personal property taxes and other municipal charges relating to any of the Collateral shall be current.
Appears in 3 contracts
Samples: Term Loan Agreement (Hines Real Estate Investment Trust Inc), Credit Agreement (Hines Real Estate Investment Trust Inc), Term Loan Agreement (Hines Real Estate Investment Trust Inc)
No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (i) real estate taxes and personal property taxes not yet due and payable; and (ii) Permitted Title ExceptionsEncumbrances, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Collateral shall be current.
Appears in 2 contracts
Samples: Loan Agreement (Unitil Corp), Loan Agreement (Sonesta International Hotels Corp)
No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (i) real estate taxes and personal property taxes not yet due and payable; (ii) the Mortgage; (iii) Assignment of Leases and Rents; and (iiiv) Permitted Title Exceptions, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Collateral shall be current.
Appears in 1 contract
Samples: Construction Loan Agreement (American Retirement Corp)
No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens Liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, Documents except in respect offor Liens or encumbrances which constitute Permitted Transfers. The Funded Properties shall not be subject to any liens or encumbrances other than Permitted Transfers and other than: (i) real estate taxes and personal property taxes not yet due and payable; and (ii) Permitted Title Exceptions, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Funded Properties and the Collateral shall be current.
Appears in 1 contract
Samples: Revolving Credit Agreement (TNP Strategic Retail Trust, Inc.)
No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except as otherwise provided herein or in respect of: (i) real estate taxes and personal property taxes not yet due and payable; and (ii) Permitted Title Exceptions, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Collateral shall be current.
Appears in 1 contract
Samples: Loan Agreement (Clarion Partners Property Trust Inc.)
