Common use of Sale, Encumbrance, Etc Clause in Contracts

Sale, Encumbrance, Etc. The sale, transfer, conveyance, pledge, mortgage or assignment of any part or all of the Project, or any interest therein, or of any interest in Borrower, in violation of the Mortgage.

Appears in 10 contracts

Samples: Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Winston Hotels Inc)

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Sale, Encumbrance, Etc. The sale, transfer, conveyance, pledge, mortgage or assignment of any part or all of a Project (other than disposition of obsolete items of equipment or replacement of worn items of equipment with new items in the Projectordinary course of business), or any interest therein, or of any interest in Borrower, in violation of the MortgageSection 8.1 of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

Sale, Encumbrance, Etc. The sale, transfer, conveyance, pledge, mortgage or assignment of all or any part or all of the ProjectPortfolio, or any interest therein, or of any interest in Borrower, in violation of the MortgageSection 8.1 of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Shurgard Storage Centers Inc), Loan Agreement (Shurgard Storage Centers Inc)

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Sale, Encumbrance, Etc. The sale, ------------------------ transfer, conveyance, pledge, mortgage or assignment of any part or all of the Projectan Individual Property, or any interest therein, or of any interest in Borrower, in violation of this Agreement or the Mortgage.

Appears in 1 contract

Samples: Loan Agreement (Winston Hotels Inc)

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