Setoff, Etc. The Collateral and the rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is the owner of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except Permitted Liens.
Appears in 4 contracts
Samples: Loan Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc), Term Loan Agreement (Wellsford Real Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Either the Borrower or a Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance or and any other claim or demand, except for the Permitted Liens.
Appears in 4 contracts
Samples: Loan Agreement (Liberty Property Limited Partnership), Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)
Setoff, Etc. The Collateral and the rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower or the applicable Subsidiary Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except Permitted Liensthose encumbrances permitted in the Security Deeds.
Appears in 2 contracts
Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is the owner of the Collateral free from any lien, security interest, encumbrance or and any other claim or demand, except Permitted Liens.
Appears in 2 contracts
Samples: Construction Loan Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc)
Setoff, Etc. The Collateral and the rights of the Agent and the Banks Lenders with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is Borrowers are the owner owners of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except Permitted Liensthose encumbrances permitted in the Security Deeds or permitted by §8.2.
Appears in 2 contracts
Samples: Master Credit Agreement (Howard Hughes Corp), Master Credit Agreement (Howard Hughes Corp)
Setoff, Etc. The Collateral and the rights of the Agent and the Banks Lenders with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is the owner of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except Permitted Liens.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc)
Setoff, Etc. The Collateral and the rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is the owner of the Collateral Equity Interests free from any lien, security interest, encumbrance or other claim or demand, except for Permitted Liens.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Setoff, Etc. The Collateral and the rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is Borrowers are the owner of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except Permitted Liensthose encumbrances permitted in the Security Deeds or permitted by Section 8.2.
Appears in 1 contract
Samples: Master Credit Agreement (Wellsford Real Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Either the Borrower is or a Guarantor will be the owner of the Collateral free from any lien, security interest, encumbrance or and any other claim or demand, except for the Permitted Liens, at the time such Collateral becomes a Mortgaged Property.
Appears in 1 contract
Samples: Revolving Credit Agreement (Amerivest Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is Guarantors are the owner owners of the Collateral free from any lien, security interest, encumbrance or and any other claim or demand, except for Permitted Liens.
Appears in 1 contract
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is the owner of the Collateral free from any lienpledge, security interest, encumbrance or and any other claim or demand, except Permitted Liens.
Appears in 1 contract
Setoff, Etc. The Collateral and the rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is and the owner Guarantor are the owners of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except Permitted Liens.
Appears in 1 contract
Samples: Revolving Credit Agreement (Wellsford Real Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. The Borrower is the owner of the Collateral free from any lien, security interest, encumbrance or and any other claim or demand, except for the Permitted Liens.
Appears in 1 contract
