Examples of PERMITTED ENCUMBRANCES shall in a sentence
For purposes of this Section 5.5, the term "PERMITTED ENCUMBRANCES" shall mean and include the Leasehold Mortgage and any recorded financing statements related thereto.
For purposes of this Section 3.9, "PERMITTED ENCUMBRANCES" shall mean easements, rights-of-way, restrictions, minor defects or irregularities in title and other similar charges or encumbrances not interfering in any material respect with the ordinary conduct of the business of such Loan Party.
PERMITTED ENCUMBRANCES shall mean collectively, (a) the Liens and security interests created or permitted by the Loan Documents (including any Liens filed against equipment leases that are otherwise permitted pursuant to the terms hereunder), (b) all Liens, encumbrances and other matters disclosed in the Title Policy that do not have a Material Adverse Effect on the use, value or operation of the Property, and (c) Liens, if any, for Impositions imposed by any Governmental Authority not yet delinquent.
The term "PERMITTED ENCUMBRANCES" shall mean the items set forth on Exhibit B to this Agreement and any and all written tenant leases for apartment units at the Property (the "TENANT LEASES").