Common use of Permitted Encumbrances and Prior Liens Clause in Contracts

Permitted Encumbrances and Prior Liens. Borrower shall not amend, modify or permit to be modified or amended any provision of any document evidencing or creating or affecting any of the Permitted Encumbrances without Lender’s prior written consent, which consent will not be unreasonably withheld, conditioned or delayed.

Appears in 3 contracts

Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.)

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Permitted Encumbrances and Prior Liens. Borrower shall not amend, modify or permit to be modified or amended any provision of any document evidencing or creating or affecting any of the Permitted Encumbrances without Lender’s prior written consent, which consent will not be unreasonably withheld, conditioned or delayedEncumbrances.

Appears in 1 contract

Samples: Loan Agreement (Saddlebrook Resorts Inc)

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Permitted Encumbrances and Prior Liens. Without Bank's prior written consent, Borrower shall not amend, modify or permit to be modified or amended any provision of any document evidencing or creating or affecting any of the Permitted Encumbrances without Lender’s prior written consent, which consent will not be unreasonably withheld, conditioned or delayedEncumbrances.

Appears in 1 contract

Samples: Construction Loan Agreement (Tropical Sportswear International Corp)

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