Common use of Protection of Liens Clause in Contracts

Protection of Liens. Borrower shall maintain the lien of the Security Instrument as a valid first priority lien on the Property, subject only to the Permitted Encumbrances, and take all actions, and execute and deliver to Lender all documents, reasonably required by Lender from time to time in connection therewith; and maintain the lien of the Security Documents on the collateral described therein and take all actions, and execute and deliver to Lender all documents reasonably required by Lender from time to time in connection therewith, including supplemental security agreements, financing statements and other documents extending or perfecting Lender’s security interests in such collateral as they exist from time to time.

Appears in 5 contracts

Samples: Construction Loan Agreement (Sentio Healthcare Properties Inc), Loan Agreement (Jagged Peak, Inc.), Construction Loan Agreement (CNL Growth Properties, Inc.)

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Protection of Liens. Borrower shall maintain the lien of the Security Instrument Agreement as a valid first priority lien on the PropertyCollateral, subject only to the Permitted EncumbrancesLiens, and take all actions, and execute and deliver to Lender all documents, reasonably required by Lender from time to time in connection therewith; and maintain the lien of the Security Loan Documents on the collateral described therein Collateral and take all actions, and execute and deliver to Lender all documents reasonably required by Lender from time to time in connection therewith, including supplemental security agreements, financing statements and other documents extending or perfecting Lender’s security interests in such collateral as they exist from time to time.

Appears in 1 contract

Samples: Credit Agreement (JetPay Corp)

Protection of Liens. Borrower shall maintain the lien of the Security Instrument Mortgage as a valid first priority lien on the Property, subject only to the Permitted Encumbrances, and take all actions, and execute and deliver to Lender all documents, reasonably required by Lender from time to time in connection therewith; and maintain the lien of the Security Loan Documents on the collateral described therein and take all actions, and execute and deliver to Lender all documents reasonably required by Lender from time to time in connection therewith, including supplemental security agreements, financing statements and other documents extending or perfecting Lender’s security interests in such collateral as they exist from time to time.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Global Self Storage, Inc.)

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Protection of Liens. Borrower shall maintain the lien of the Security Instrument as a valid first priority lien on the Property, Collateral (subject only to the Permitted EncumbrancesLiens), and take all actions, and execute and deliver to Lender all documents, reasonably required by Lender from time to time in connection therewith; and maintain the lien of the Security Loan Documents on the collateral described therein and take all actions, and execute and deliver to Lender all documents reasonably required by Lender from time to time in connection therewith, including supplemental security agreements, financing statements and other documents extending or perfecting Lender’s security interests in such collateral as they exist from time to time.

Appears in 1 contract

Samples: Credit Agreement (JetPay Corp)

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