VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE Sample Clauses

VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement they shall not mortgage or create a charge on the said Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage for charge shall not affect the right and interest of the Purchaser/Allottee(s) who has taken or agreed to take such Apartment.
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VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement it shall not mortgage or create a charge on the Schedule-B property and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Purchaser/s who has taken or agreed to take the Schedule-B property.

Related to VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE

  • Mortgage Lessee does hereby agree to make reasonable modifications of this Lease requested by any Mortgagee of record from time to time, provided such modifications are not substantial and do not increase any of the Rents or obligations of Lessee under this Lease or substantially modify any of the business elements of this Lease.

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