Recourse Covenants. Except as otherwise expressly permitted by the Loan Documents, during any period in which the Loan is outstanding, the Borrower agrees that it will not, without the prior written consent of the Lender: (a) Sale, Transfer, Conveyance or Disposal. Permit any sale, transfer, conveyance or other disposal of the Premises, the Rents and Profits or the Intangible Personalty.
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Samples: Loan Agreement (RFS Hotel Investors Inc), Loan Agreement (Wellsford Real Properties Inc), Loan Agreement (Innkeepers Usa Trust/Fl)
Recourse Covenants. Except as otherwise expressly permitted by the Loan Documents, during any period in which the Loan is outstanding, the Borrower agrees that it will not, not without the prior written consent of the Lender:
(a) Sale, Transfer, Sale Transfer Conveyance or Disposal. Permit any sale, transfer, conveyance or other disposal of the Premises, the Rents and Profits or the Intangible Personalty, other than as permitted under the Security Instrument.
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