Common use of Permissible Encumbrances Clause in Contracts

Permissible Encumbrances. 15.2.1 Anything in this Lease to the contrary notwithstanding, with Xxxxxxxx’s prior written consent (which shall not be unreasonably withheld, conditioned or delayed), Master Xxxxxx’s Work may be funded by debt, and accordingly Master Tenant may assign or encumber the estate created by this Lease, by way of leasehold mortgages, leasehold deeds of trust, or otherwise.

Permissible Encumbrances. 15.2.1 Anything in this Lease to the contrary notwithstanding, with XxxxxxxxLandlord’s prior written consent (which shall not be unreasonably withheld, conditioned or delayed), Master XxxxxxTenant’s Work may be funded by debt, and accordingly Master Tenant may assign or encumber the estate created by this Lease, by way of leasehold mortgages, leasehold deeds of trust, or otherwise.