Subordinate Financing. Borrower shall not permit there to exist nor shall Borrower obtain any subordinate financing of the SLF, or any part thereof, or any other property granted as security for the Loan.
Appears in 2 contracts
Sources: Revolving Line of Credit Agreement (CNL Health Care Properties Inc), Revolving Line of Credit Agreement (CNL Health Care Properties Inc)
Subordinate Financing. Borrower shall not permit there to exist nor shall Borrower obtain any subordinate financing of the SLF, or any part thereof, Land or any other property Property granted as security for the Loan.
Appears in 1 contract
Sources: Master Loan Agreement (International American Homes Inc)