Examples of Permitted in a sentence
Except as contemplated by clause (f) of the second preceding sentence none of the Permitted Encumbrances are mortgage liens that are senior to or coordinate and co-equal with the lien of the related Mortgage.
Each related Mortgage is a legal, valid and enforceable first lien on the related Mortgagor’s fee (or if identified on the Mortgage Loan Schedule, leasehold) interest in the Mortgaged Property in the principal amount of such Mortgage Loan or allocated loan amount (subject only to Permitted Encumbrances (as defined below) and the exceptions to paragraph 7 below (each such exception, a “Title Exception”)), except as the enforcement thereof may be limited by the Standard Qualifications.
Upon the termination of this Contract for any reason, each party, including Permitted Sublicensees, will have 30 days to remove all Trademarks from signage, websites, and the like bearing the other party’s name or logo (excepting Sourcewell’s pre-printed catalog of suppliers which may be used until the next printing).
As used herein, “Specified Acquisition” means, at the election of Borrower, (i) three or more Permitted Acquisitions have been consummated in any one fiscal quarter, or (ii) any one or more Permitted Acquisitions have been consummated in any one fiscal quarter which resulted in a cash purchase price paid in excess of $10,000,000 in the aggregate.
TWFG Insurance Services shall not amend or modify any provision of the limited liability company agreement or certificate or formation of any Permitted Joint Venture, without obtaining the prior written consent of the Administrative Agent.