Common use of NO PRIOR WORK Clause in Contracts

NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic’s or materialmen’s lien on the Property prior to or on parity with the Lien and security interest created by the Security Instrument.

Appears in 2 contracts

Samples: Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.), Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.)

AutoNDA by SimpleDocs

NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic’s 's or materialmen’s 's lien on the Property prior to or on parity with the Lien lien and security interest created by the Security Instrument.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic’s or materialmen’s lien on the Property Premises prior to or on parity with the Lien lien and security interest created by the Security InstrumentDeed of Trust.

Appears in 1 contract

Samples: Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

AutoNDA by SimpleDocs

NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic’s or materialmen’s lien on the Property prior to or on parity with the Lien and security interest created by the Security Instrument.

Appears in 1 contract

Samples: Loan Agreement (CNL Growth Properties, Inc.)

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