Common use of Title to Land Clause in Contracts

Title to Land. The Land is free and clear of all liens and encumbrances, except for the Loan Documents and except as specifically set forth in the mortgagee title policy(ies) delivered to Lender in connection with the Loan.

Appears in 6 contracts

Samples: Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Industrial Income Trust Inc.)

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Title to Land. The Land is free and clear of all liens and encumbrances, except for the Loan Documents and except as specifically set forth in the mortgagee title policy(ies) delivered to Lender in connection with the Loan, and except for unrecorded leases provided to Lender.

Appears in 6 contracts

Samples: Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement by And (Summit Hotel OP, LP)

Title to Land. The Land is free and clear of all liens and encumbrances, except for the Loan Documents Security Instruments and except as specifically set forth in the mortgagee title policy(ies) delivered to Lender in connection with the Loan.

Appears in 5 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

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Title to Land. The Land is free and clear of all liens and encumbrances, except for the Loan Documents Permitted Liens and except as specifically set forth in the mortgagee title policy(ies) delivered to Lender in connection with the Loan, and except for unrecorded leases provided to Lender.

Appears in 2 contracts

Samples: Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Campus Crest Communities, Inc.)

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