Additional Permitted Encumbrances definition
Examples of Additional Permitted Encumbrances in a sentence
The Listed Permitted Encumbrances and the Additional Permitted Encumbrances are hereinafter collectively referred to as the "PERMITTED ENCUMBRANCES".
The Secured Party shall have, with 30 days notice, full power to sell, lease, transfer, or otherwise deal with the Collateral or proceeds thereof in its own name or that of Debtor, subject to the provisions of the Lease, the prior encumbrances disclosed in Section 2.1 and the Additional Permitted Encumbrances.
To the extent that one or more Series 2022B-1 Facility Sites have not yet been acquired by the School Board at the time of execution hereof, the Series 2022B Ground Lease and Schedule 2022B-1 shall be amended at the time of each acquisition to insert the legal description of each Series 2022B-1 Facility Site and Additional Permitted Encumbrances relating thereto, without the consent of the Certificate holders.
To the extent that one or more Series 2020A-1 Facility Sites have not yet been acquired by the School Board at the time of execution hereof, the Series 2020A Ground Lease and Schedule 2020A-1 shall be amended at the time of each acquisition to insert the legal description of each Series 2020A-1 Facility Site and Additional Permitted Encumbrances relating thereto, without the consent of the Certificate holders.