Tenant to Place No Mortgage. Tenant shall not at any time during the term of this Lease place, suffer or allow any mortgage or similar security instrument upon its leasehold interest created hereby, even though Landlord’s title is superior to said mortgage or instrument.
Appears in 2 contracts
Samples: Purchase Agreement (Appliance Recycling Centers of America Inc /Mn), Lease (Appliance Recycling Centers of America Inc /Mn)
Tenant to Place No Mortgage. Except for any collateral assignment of Tenant's interest under this Lease in connection with any of Tenant's financing, Tenant shall not at any time during the term of this Lease place, suffer or allow any mortgage mortgage, deed of trust or similar security instrument upon its leasehold interest created hereby, even though Landlord’s 's title is superior to said mortgage mortgage, deed of trust or instrument.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Alltrista Corp), Asset Purchase Agreement (Alltrista Corp)
Tenant to Place No Mortgage. Tenant shall not at any time during the term of this Lease place, suffer or allow any mortgage mortgage, deed of trust or similar security instrument upon its leasehold interest created hereby, even though Landlord’s 's title is superior to said mortgage mortgage, deed of trust or instrument, without the prior written consent of Landlord.
Appears in 1 contract
Samples: Lease Agreement (Dynatronics Corp)
