No Additional Liens Sample Clauses

No Additional Liens. Borrower covenants not to execute any mortgage, security agreement, assignment of leases and rents or other agreement granting a lien (except the liens granted to Lender by the Loan Documents) or, except as set forth in PARAGRAPH 2 above, take or fail to take any other action which would result in a lien against the interest of Borrower in the Property without the prior written consent of Lender.
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No Additional Liens. The Mortgagor shall not, without the prior express written consent of the Mortgagee, remove or suffer to be removed from the Mortgaged Property any fixtures subject to the lien hereof (as the term "fixtures" is defined by the law in the State in which the Real Property is located) and including all personal property located on and used in connection with the Real Property, presently or in the future to be incorporated into, installed in, annexed or affixed to the Mortgaged Property (unless such fixtures have been replaced with similar fixtures of equal or greater utility and value); nor, except as permitted pursuant to the Credit Agreement, the Note Agreement, the A-Advanced Guaranty, the Guaranty and Security Agreement or the Intercreditor Agreement will the Mortgagor execute or cause to be executed any security interest upon any such fixtures, additions to, substitutions or replacements thereof or upon any fixtures in the future to be installed in, annexed or affixed to the Mortgaged Property, without the prior express written consent of the Mortgagee.
No Additional Liens. Grantor covenants not to execute any deed of trust, security agreement, assignment of leases and rents or other agreement granting a lien (except the liens granted to Beneficiary and Trustee by the Loan Documents) or, except as set forth in Paragraph 2 above, take or fail to take any other action which would result in a lien against the interest of Grantor in the Property without the prior written consent of Beneficiary.
No Additional Liens. Other than as set forth in the Subordinated Debenture Security Agreement, each Junior Creditor hereby represents, severally, and not jointly with the other Junior Creditors, that such Junior Creditor has not been granted or obtained any Liens in any assets of any Debtor or any other assets securing the Senior Debt. Each Junior Creditor agrees that, without the prior written consent of Senior Creditor, no Junior Creditor will take any other Liens on any assets of any Debtor or any other assets as security for the Junior Debt unless Senior Creditor also has a Lien on such assets which is senior to that of the applicable Junior Creditor, and no Junior Creditor shall obtain any additional guarantees for the Junior Debt unless the Person obligated under such guaranty also guarantees the Senior Debt and such guaranty in favor of Junior Creditor(s) is subordinated to such guaranty in favor of Senior Creditor in a manner consistent with the terms and conditions of this Agreement pursuant to documentation reasonably acceptable to Senior Creditor.
No Additional Liens. Seller will not permit any of the Purchased Assets to become subject to any mortgage, charge or encumbrance, other than Permitted Exceptions.
No Additional Liens. The Borrower will not further hypothecate, assign, pledge, encumber, transfer, sell or otherwise dispose of, or grant any option with respect to, or create or suffer to exist a security interest in, or a Lien on, the Collateral or any portion thereof, except for the pledge, assignment and security interest created by this Agreement in favor of the Collateral Agent. The inclusion of "Proceeds" of the Collateral under the security interest granted herein shall not be deemed a consent by the Collateral Agent to any sale or other disposition of any Collateral.
No Additional Liens. Grantor shall not create or permit to exist any encumbrance against any of the Collateral except the Security Interest created by this Agreement or approved by Lender in writing.
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No Additional Liens. Seller will not permit any of the Assets to become subject to any mortgage, lien, charge or encumbrance, other than liens imposed by law and incurred in the ordinary course of business for obligations not yet due or delinquent, and liens identified in Schedule 1.2 attached hereto.
No Additional Liens. Subject to its right to contest such lien in accordance with the Mortgage, and except for the Permitted Encumbrances, Borrower shall not allow any liens, encumbrances or other interests to affect the Collateral or any part thereof or Lender's first priority lien therein without the prior written consent of Lender, which may be withheld in Lender's sole and absolute discretion.
No Additional Liens. No additional liens except as shown on the Title Policy or set forth in Section 2.3 of this Agreement, or other interest shall have been permitted to attach to the Property except taxes for the current year, if not then payable, and other matters acceptable to the City; and upon request by the City, the Borrower shall have the Title Policy insuring the City's lien on the Property brought up to date upon prior to Loan closing by issuance of an endorsement to the policy satisfactory to the City and Borrower shall provide to City all Title Assurances which the City may require;
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