Common use of No Further Liens Clause in Contracts

No Further Liens. All equipment, personal property, fixtures and other property subject to the lien of the security interest granted to Lender in the Deeds of Trust shall be fully paid for by Borrower and no security interest, lien or other encumbrance, other than that granted to Lender and the Permitted Encumbrances, shall exist thereon.

Appears in 2 contracts

Samples: Loan Agreement (Capital Automotive Reit), Master Construction Loan Agreement (Sonic Automotive Inc)

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No Further Liens. All equipment, personal property, fixtures and ---------------- other property subject to the lien of the security interest granted to Lender in the Deeds of Trust shall be fully paid for by Borrower and no security interest, lien or other encumbrance, other than that granted to Lender and the Permitted Encumbrances, shall exist thereon.

Appears in 1 contract

Samples: Loan Agreement (Capital Automotive Reit)

No Further Liens. All equipment, personal property, fixtures and other property subject to the lien of the security interest granted to Lender Lenders in the Deeds Deed of Trust shall be fully paid for by Borrower Borrower, and no security interest, lien or other encumbrance, other than that granted to Lender Lenders and the Permitted Encumbrances, shall exist thereon.

Appears in 1 contract

Samples: Loan Agreement (Sands Regent)

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No Further Liens. All equipment, personal property, fixtures and other property owned by Borrower subject to the lien of and the security interest granted to Lender in the Deeds of Trust shall be fully paid for by Borrower and no security interest, lien or other encumbrance, other than that granted to Lender and the Permitted Encumbrances, shall exist thereon.

Appears in 1 contract

Samples: Permanent Loan Agreement (Sonic Automotive Inc)

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