No Secondary Financing. The Mortgagor will not, without the Mortgagee's prior written consent, mortgage (including the so- called "wrap-around mortgage"), pledge, assign, grant a security interest in, cause any lien or encumbrance to attach to or any levy to be made on the Mortgaged Premises except for (a) taxes and assessments not yet delinquent and (b) any mortgage, pledge, security interest, assignment or other encumbrance to the Mortgagee.
No Secondary Financing. No lien or other charge upon the Mortgaged Property, other than the mortgages referenced in Exhibit “B” and that certain Consolidated, Amended and Restated Mortgage (With Power of Sale), Security Agreement and Financing Statement, dated December 15, 2011, executed by Borrower in favor of Lender (Collectively defined herein as “Mortgages”), has been given or executed by Borrower, or has been contracted or agreed to be so given or executed.
No Secondary Financing. The Borrower shall not create or permit to be created or to remain any subordinate lien on the Mortgaged Property or any part thereof.
No Secondary Financing. Borrower shall not encumber, or allow the encumbrance of, any of the Property or other security for the Loan without obtaining the prior written consent of Lender, which may be withheld in Lender’s sole discretion.
No Secondary Financing. Mortgagor shall not create or permit to be created or to remain, with the exception of the Prior Permitted Encumbrances, any subordinate lien on the Mortgaged Property or any part thereof to secure any Indebtedness for borrowed money, without obtaining the prior written consent of Mortgagee.
No Secondary Financing. (a) Without the prior written consent of Mortgagee, which consent shall not be unreasonably withheld by Mortgagee, Mortgagor shall not create or cause or permit to exist any lien on, or security interest in Mortgagor's interest in the Mortgaged Property, including any fixture~, equipment or other items of personal property owned by Mortgagor which are intended to be or _ pert of the Mortgaged Property, and shall not incur any secured indebtedness for money borrowed to purchase, improve or operate the Mortgaged Property or any part thereof, other than the indebtedness secured hereby.
No Secondary Financing. Without the prior written consent of ---------------------- Lender, Mortgagor shall not create or cause or permit to exist any lien on, or security interest in, the Mortgaged Property, including any furniture, fixtures, appliances, equipment and other items of personal property now or hereafter owned by Mortgagor which are intended to be or become part of the Mortgaged Property. Mortgagor shall promptly discharge, at Mortgagor's cost and expense, all liens, encumbrances and charges upon the Mortgaged Property, or any part thereof or interest therein, except such liens, encumbrances and charges specifically approved by Lender in writing. In any event, Mortgagor shall have no right to permit the holder of any subordinate mortgage or other subordinate lien, whether or not consented to by Lender, to terminate any lease of all or any portion of the Mortgaged Property whether or not such lease is subordinate (whether by law or the terms of such lease or a separate agreement) to the lien of this Mortgage without first obtaining the prior written consent of Lender. The holder of any subordinate mortgage or other subordinate lien shall have no such right, whether by foreclosure of its mortgage or lien or otherwise, to terminate any such lease, whether or not permitted to do so by Mortgagor or as a matter of law and any such attempt to terminate any such lease shall be ineffective and void.
No Secondary Financing. Except for Permitted Encumbrances, there shall be no secondary financing encumbering the Premises nor shall there be any encumbrances or security interests conveyed in any fixture or fixtures, nor in any personal property intended to be incorporated in the Premises whether affixed to the realty or otherwise.
No Secondary Financing. Borrower shall not encumber the Land or the Improvements with any lien other than the lien of the Mortgage.
No Secondary Financing. So long as any obligations are outstanding to Tammac, there shall be no secondary financing secured by any of the Collateral, nor any transfer of title of any of the Collateral, except in the ordinary course of the Borrower's business, without the prior written approval of Tammac.
