Prohibited Liens; Prohibited Transfers. If any such action or condition would be inconsistent with the terms of the Credit Agreement, Grantor shall not (a) create, suffer, or permit to be created or filed against the Mortgaged Property any Lien superior or inferior to the lien created by this Deed of Trust other than the First Liens and (b) sell, lease or convey all or any part of the Mortgaged Property or any interest therein.
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Samples: Maxxam Inc, Maxxam Inc
Prohibited Liens; Prohibited Transfers. If any such action or condition would be inconsistent with the terms of the Credit Loan Agreement, Grantor shall not (a) create, suffer, or permit to be created or filed against the Mortgaged Property any Lien superior or inferior to the lien created by this Deed of Trust other than the First Liens and (b) sell, lease or convey all or any part of the Mortgaged Property or any interest therein.
Appears in 2 contracts
Samples: Maxxam Inc, Maxxam Inc
Prohibited Liens; Prohibited Transfers. If any such action or condition would be inconsistent with the terms of Except as otherwise permitted in the Credit Agreement, Grantor shall not (a) create, suffer, or permit to be created or filed against the Mortgaged Property any Lien superior or inferior to the lien created by this Deed of Trust other than Mortgage. Except as otherwise provided in the First Liens and (b) Credit Agreement, Grantor may not sell, lease or convey all or any part of the Mortgaged Property or any interest therein.
Appears in 1 contract
Samples: Credit Agreement (Uap Holding Corp)