Common use of Permitted Mortgages Clause in Contracts

Permitted Mortgages. No violation or breach of the covenants, conditions, restrictions, provisions or limitations contained in this Agreement shall defeat or render invalid or in any way impair the lien or charge of any mortgage permitted by the DDA.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement, Disposition and Development Agreement, Disposition and Development Agreement

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Permitted Mortgages. No violation or breach of the covenants, conditions, restrictions, provisions or limitations contained in this Agreement shall defeat or render invalid or in any way impair the lien or charge of any mortgage permitted by the DDAOPA.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement, Owner Participation Agreement

Permitted Mortgages. No violation or breach of the covenants, conditions, restrictions, provisions or limitations contained in this Agreement shall defeat or render invalid or in any way impair the lien or charge of any mortgage permitted by the DDAGrant Agreement.

Appears in 1 contract

Samples: Grant Agreement

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Permitted Mortgages. No violation or breach of the covenants, conditions, restrictions, provisions provisions, or limitations contained in this Agreement shall defeat or render invalid or in any way impair the lien or charge of any mortgage permitted by the DDAOPA.

Appears in 1 contract

Samples: Owner Participation Agreement

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