Common use of Additional Negative Pledge Clause in Contracts

Additional Negative Pledge. Except for existing agreements -------------------------- relating to the mortgage debt permitted pursuant to Paragraph 6.1(vi) hereof, agree or covenant with or promise any Person or entity other than the Lenders that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property.

Additional Negative Pledge. Except for existing agreements -------------------------- relating to the mortgage debt permitted pursuant to Paragraph 6.1(vi6.1(v) hereof, agree or covenant with or promise any Person or entity other than the Lenders that it will not pledge its assets or properties or otherwise grant any liens, security interests or encumbrances on its property.