Ownership of Material and Fixtures. Permit any materials, equipment or fixtures incorporated by the Borrower into the Project to be purchased or installed under any security agreement, conditional sales contract, lease, or other arrangement wherein the seller reserves title or any interest in such items or the right to remove or repossess such items or to consider them personal property after their incorporation into the Project, without the prior written consent of the Lender.
Appears in 3 contracts
Samples: Construction Loan Agreement, Construction Loan Agreement (Global Growth Trust, Inc.), Construction Loan Agreement (Global Growth Trust, Inc.)
Ownership of Material and Fixtures. Permit any No materials, equipment or fixtures incorporated by the Borrower into the Project to shall be purchased or installed under any security agreement, conditional sales contract, lease, or other arrangement wherein the seller reserves title or any interest in such items or the right to remove or repossess such items or to consider them personal property after their incorporation into the Project, without the prior written consent of the Lender.
Appears in 2 contracts
Samples: Construction Loan and Security Agreement (Worldwide Stages, Inc.), Construction Loan and Security Agreement (Worldwide Stages, Inc.)
Ownership of Material and Fixtures. Permit any No materials, equipment or fixtures incorporated by the Borrower into the Project to shall be purchased or installed under any security agreement, conditional sales contract, lease, or other arrangement wherein the seller reserves title or any interest in such items or the right to remove or repossess such items or to consider them personal property after their incorporation into the Project, without the prior written consent of the LenderBank.
Appears in 1 contract
Samples: Construction Loan Agreement (Arvida JMB Partners L P)
Ownership of Material and Fixtures. Permit any No materials, equipment or fixtures incorporated by the Borrower Borrowers into the Project to shall be purchased or installed under any security agreement, conditional sales contract, lease, or other arrangement wherein the seller reserves title or any interest in such items or the right to remove or repossess such items or to consider them personal property after their incorporation into the Project, without the prior written consent of the Lender.
Appears in 1 contract
