Loss of Priority. The failure at any time of the Deed of Trust to be a valid lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;
Appears in 8 contracts
Samples: Loan Agreement, Agreement, Loan Agreement
Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 7 contracts
Samples: Loan Agreement, Building Loan Agreement (Thomas Properties Group Inc), Construction Loan Agreement (Equity Office Properties Trust)
Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the Property and Improvements or any portion thereofother Collateral described therein (subject to Permitted Liens), other than as a result of any release or reconveyance of the such Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 3 contracts
Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the applicable Property and Improvements or any portion thereof, other than as a result of any release or reconveyance of the applicable Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
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Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the Property and Improvements or any portion thereofthereof (subject to Permitted Liens), other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or the failure at any time of any of the Loan Documents to be valid, binding and enforceable obligations of Borrower, Owner and Guarantor; or
Appears in 1 contract
Samples: Revolving Loan Agreement (Columbia Equity Trust, Inc.)
Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;Agreement or any other Loan Document; or
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Loss of Priority. The failure at any time of the Deed of Trust to be a ---------------- valid first lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance partial release of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 1 contract
Loss of Priority. The failure at any time of the Deed of Trust to be a valid lien first priority Lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of Borrower’s interest in the Property and Improvements pursuant to the terms and conditions of this Agreement;
Appears in 1 contract
Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Loss of Priority. The failure at any time of the any Deed of Trust to be a valid first lien upon the applicable Property and Improvements or any portion thereofthereof (subject to Permitted Liens), other than as a result of any release or reconveyance of the such Deed of Trust with respect to all or any portion of the any Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 1 contract
Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the Property and Improvements or any portion thereofthereof (subject to Permitted Liens), other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 1 contract
Samples: Building Loan Agreement (Sunrise Senior Living Inc)
Loss of Priority. The failure at any time of the Deed of Trust to be a valid first lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance partial release of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 1 contract
Loss of Priority. The failure at any time of the Deed of Trust to be a valid second lien upon the Property and Improvements or any portion thereof, other than as a result of any release or reconveyance of the Deed of Trust with respect to all or any portion of the Property and Improvements pursuant to the terms and conditions of this Agreement;; or
Appears in 1 contract
