Common use of No Power in Lessee to Create Clause in Contracts

No Power in Lessee to Create. The Lessee has no power to take any action that may create or be the foundation for any lien, mortgage or other encumbrance upon the reversion, fee interest or other estate of the Lessor or of any interest of the Lessor in the Premises, except as otherwise may be expressly approved by the Lessor in writing in accordance with the terms of this Lease.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Residential Master Lease

AutoNDA by SimpleDocs

No Power in Lessee to Create. The Lessee has shall have no power to take any action that may create or be the foundation for any lien, mortgage or other encumbrance upon the reversion, fee interest or other estate of the Lessor or of any interest of the Lessor in the Premises, except as otherwise may be expressly approved by the Lessor in writing in accordance with the terms of this Lease.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

No Power in Lessee to Create. The Lessee has no power to take any action that may create or be the foundation for any lien, mortgage or other encumbrance upon the reversion, fee interest or other estate of the Lessor or of any interest of the Lessor in the Premises, except as otherwise may be expressly approved by the Lessor in writing in accordance with the terms of this Lease.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

No Power in Lessee to Create. The Lessee has no power to take any action that may create or be the foundation for any lien, mortgage mortgage, or other encumbrance upon the reversion, fee interest interest, or other estate of the Lessor or of any interest of the Lessor in the Premises, except as otherwise may be expressly approved by the Lessor in writing in accordance with the terms of this Lease.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!