Common use of Prohibition of Assignments and Encumbrances by Borrower Clause in Contracts

Prohibition of Assignments and Encumbrances by Borrower. Except as expressly permitted by this Agreement, Borrower shall not create, effect, consent to, attempt, contract for, agree to make, suffer or permit any Prohibited Transfer.

Appears in 2 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

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Prohibition of Assignments and Encumbrances by Borrower. Except as expressly permitted by this Agreementprovided in the Mortgages, Borrower Borrower, without the prior written consent of the Bank, shall not create, effect, consent to, attempt, contract for, agree to make, suffer or permit any Prohibited TransferTransfer (as defined in the Mortgages).

Appears in 1 contract

Samples: Loan Agreement (Sun Communities Inc)

Prohibition of Assignments and Encumbrances by Borrower. Except as expressly permitted by this Agreementprovided in the Mortgage, Borrower Borrower, without the prior written consent of Lender, shall not create, effect, consent to, attempt, contract for, agree to make, suffer or permit any Prohibited TransferTransfer (as defined in the Mortgage).

Appears in 1 contract

Samples: Construction Loan Agreement (Textura Corp)

Prohibition of Assignments and Encumbrances by Borrower. Except as expressly permitted by this Agreement, Borrower shall not not, without the prior written consent of Lender, create, effect, consent to, attempt, contract for, agree to make, suffer or permit any Prohibited Transfer.

Appears in 1 contract

Samples: Loan Agreement (Inland Real Estate Income Trust, Inc.)

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Prohibition of Assignments and Encumbrances by Borrower. Except as expressly permitted by this Agreementprovided in the Mortgages, Borrower Borrower, without the prior written consent of Agent, shall not create, effect, consent to, attempt, contract for, agree to make, suffer or permit any Prohibited TransferTransfer (as defined in the Mortgages).

Appears in 1 contract

Samples: Loan Agreement (Agree Realty Corp)

Prohibition of Assignments and Encumbrances by Borrower. Except as expressly permitted by this AgreementBorrower, Borrower without the prior written consent of Lender, shall not create, effect, consent to, attempt, contract for, agree to make, suffer or permit any Prohibited TransferTransfer (as defined in the Mortgage).

Appears in 1 contract

Samples: Loan Agreement (Cornerstone Growth & Income REIT, Inc.)

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