Further Liens Sample Clauses
Further Liens. The Borrower and the Guarantors agree that they will not sell or otherwise dispose of any interest in the Collateral Account or the funds on deposit therein or create or permit to exist any Lien on or with respect to the Collateral Account or the funds on deposit therein except for the security interest created by this Section 11.3.
Further Liens. It will not pledge, assign, convey, grant, bargain, sell, set over, deliver or otherwise transfer any interest in the Purchased Loans or other Collateral to any person not a party to this Agreement nor will either Seller create, incur or permit to exist any Lien in or on the Purchased Loans or other Collateral except as described in Section 6 hereof without the prior express written consent of Buyer;
Further Liens. 12 (d) Termite Certificates.......................................12 (e) Insurance..................................................12
Further Liens. 94 11.3.6 Remedies...................................... 94 11.3.7 Preservation of the Collateral................ 95 11.3.8 Surplus Funds................................. 95 ARTICLE 12. THE ADMINISTRATIVE AGENT........................................... 96
Further Liens. Borrower covenants that the Mortgaged Property shall not be further encumbered by the lien of any other mortgage or other burden without the prior written consent of Lender herein which consent may be withheld in Lender's sole discretion. Any further encumbrance made without written consent of Lender may be deemed an Event of Default, and all rights and remedies of Lender provided herein may be utilized by Lender herein.
Further Liens. Without Buyer's prior written consent, Seller shall not further voluntarily encumber the Property with any mortgage, lien or deed of trust which will not be removed on or before the Closing Date.