Common use of Prohibitions on Transfers, Liens and Encumbrances Clause in Contracts

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this Mortgage, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s prior approval, which may be withheld in Lender’s sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage and the Permitted Exceptions. A “

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s general partners, 's members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this Mortgage, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s 's prior approval, which may be withheld in Lender’s 's sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage and the Permitted Exceptions. A “"

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this MortgageLoan Agreement, Borrower (i) will not, and will not permit its partners, partners or members or principals to, effect a Transfer without Lender’s prior approval, which may be withheld in Lender’s sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage the Security Instrument and the Permitted Exceptions. A “

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this MortgageLoan Agreement, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer Transfer, other than Permitted Transfers, without Lender’s prior approval, which may be withheld in Lender’s sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage the Security Instrument and the Permitted Exceptions. A “

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s 's general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this MortgageDeed of Trust, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s 's prior approval, which may be withheld in Lender’s 's sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage Deed of Trust and the Permitted Exceptions. A “Subject to SECTION 12.1(C), a "

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this MortgageDeed of Trust, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s prior approval, which may be withheld in Lender’s sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage Deed of Trust and the Permitted Exceptions. A “

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this Mortgage, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s prior approval, which may be withheld in Lender’s sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage and the Permitted Exceptions. A “

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender is relying to a material extent on the business expertise and net worth of Borrower and Borrower’s 's general partners, members or principals and on the continuing interest that each of them has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this MortgageDeed of Trust, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s 's prior approval, which may be withheld in Lender’s 's sole discretion and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage Deed of Trust and the Permitted Exceptions. A “"

Prohibitions on Transfers, Liens and Encumbrances. (a) Borrower acknowledges that in making the Loan, Lender Xxxxxx is relying to a material extent on the business expertise and net worth of Borrower and BorrowerXxxxxxxx’s general partners, members or principals partner and on the continuing interest that each of them it has, directly or indirectly, in the Property. Accordingly, except as specifically set forth in this MortgageDeed of Trust, Borrower (i) will not, and will not permit its partners, members or principals to, effect a Transfer without Lender’s prior approval, which may be withheld in Lender’s sole discretion discretion, and (ii) will keep the Property free from all liens and encumbrances other than the lien of this Mortgage Deed of Trust and the Permitted ExceptionsExceptions and Permitted Liens. A “