New Liens. Not, on or after the Approval Date, create any new encumbrance or lien affecting the Property other than liens and encumbrances (i) that can be discharged prior to Closing, and (ii) that in fact are discharged prior to or at the Closing.
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Samples: Purchase and Sale and Escrow Agreement (Consolidated Tomoka Land Co), Purchase and Sale and Escrow Agreement (Hartman Short Term Income Properties XX, Inc.), Purchase and Sale Agreement (Capital Lease Funding Inc)
New Liens. Not, on or after the Approval Date, create any new encumbrance or lien affecting the Property other than liens and encumbrances (i) that can be discharged prior to Closing, and (ii) that in fact are discharged at Seller’s expense prior to or at the Closing.
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