Common use of PLEDGE OF ASSETS Clause in Contracts

PLEDGE OF ASSETS. Not mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any portion of Borrower's assets now owned or hereafter acquired, except in favor of Bank and except any of the foregoing existing as of, and disclosed to Bank in writing prior to, the date hereof.

PLEDGE OF ASSETS. Not mortgage, pledge, grant or permit to exist a ---------------- security interest in, or lien upon, all or any portion of Borrower's assets now owned or hereafter acquired, except any of the foregoing in favor of Bank and except any of the foregoing or which is existing as of, and disclosed to Bank in writing prior to, the date hereof.

PLEDGE OF ASSETS. Not mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any portion of Borrower's assets now owned or hereafter acquired, except any of the foregoing in favor of Bank and except any of the foregoing or which are existing as of, and disclosed to Bank in writing prior to, the date hereof, and except security interests for the purchase or lease of assets up to an aggregate principal amount of $25,000.00.

PLEDGE OF ASSETS. Not The Borrower shall not mortgage, pledge, grant or permit to exist a security interest in, or a lien upon, all or any portion of Borrower's its assets now owned or hereafter acquiredacquired which are part of, except in favor of Bank and or relate to, the Project, except any of the foregoing existing as of, and disclosed to Bank in writing prior to, favor of the date hereofBank.

PLEDGE OF ASSETS. Not mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any portion of Borrower's ’s assets now owned or hereafter acquired, except in favor of Bank and except any of the foregoing existing as of, and disclosed to Bank in writing prior to, the date hereof.