Common use of Ownership of Mortgaged Properties Clause in Contracts

Ownership of Mortgaged Properties. Borrower shall be the sole owner of each of the Mortgaged Properties free and clear of any Liens other than Permitted Liens.

Appears in 15 contracts

Samples: Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc), Master Credit Facility Agreement (Colonial Properties Trust), Master Credit Facility Agreement (Camden Property Trust)

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Ownership of Mortgaged Properties. The Borrower shall be the sole owner of each of the Mortgaged Properties free and clear of any Liens other than Permitted Liens.

Appears in 5 contracts

Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc)

Ownership of Mortgaged Properties. Each Borrower shall be the sole owner of each of the Mortgaged Properties free and clear of any Liens other than Permitted Liens.

Appears in 3 contracts

Samples: Term Loan Agreement (Goldman Sachs Group Inc), Term Loan Agreement (Goldman Sachs Group Inc), Term Loan Agreement (McNeil Real Estate Fund Xxvi Lp)

Ownership of Mortgaged Properties. Applicable Borrower shall be the sole owner of each of the its Mortgaged Properties free and clear of any Liens other than Permitted Liens.

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Erp Operating LTD Partnership), Master Credit Facility Agreement (Avalonbay Communities Inc)

Ownership of Mortgaged Properties. Borrower shall be the sole owner of each of the Mortgaged Properties Properties, as set forth on Exhibit A of this Agreement, free and clear of any Liens other than Permitted Liens.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Bre Properties Inc /Md/)

Ownership of Mortgaged Properties. Each Borrower shall be the sole owner of each of the its Mortgaged Properties Property free and clear of any Liens other than Permitted Liens.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.)

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Ownership of Mortgaged Properties. The Borrower shall be the sole --------------------------------- owner of each of the Mortgaged Properties free and clear of any Liens other than Permitted Liens.

Appears in 1 contract

Samples: Credit Facility Agreement (United Dominion Realty Trust Inc)

Ownership of Mortgaged Properties. Borrower shall be the sole owner of each of the Mortgaged Properties free and clear of any Liens other than Permitted Liens.. Master Credit Facility Agreement Camden 2009

Appears in 1 contract

Samples: Master Credit Facility Agreement (Camden Property Trust)

Ownership of Mortgaged Properties. A Borrower shall be the sole owner of each of the Mortgaged Properties free and clear of any Liens other than Permitted Liens.

Appears in 1 contract

Samples: Master Reimbursement Agreement (Mid America Apartment Communities Inc)

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