Common use of Title to Materials Clause in Contracts

Title to Materials. Without the written consent of the Lender, the Borrower shall not make or cause to be made or permit any contract for materials or equipment of any kind or nature whatsoever to be incorporated in or to become part of the Improvements, title to which is reserved under conditional sale, chattel mortgage, bailment lease, secured transaction, or otherwise in favor of a third person.

Title to Materials. Without the written consent of the LenderBank, the Borrower shall not make or cause to be made or permit any contract for materials or equipment of any kind or nature whatsoever to be incorporated in or to become part of the ImprovementsProject Facility, the title to which is reserved under conditional sale, chattel mortgage, bailment lease, secured transaction, or otherwise in favor of a third person.

Title to Materials. Without the written consent of the LenderBank, the Borrower shall not make or cause to be made or permit any contract for materials or equipment of any kind or nature whatsoever to be incorporated in or to become part of the Improvements, title to which is reserved under conditional sale, chattel mortgage, bailment lease, secured transaction, or otherwise in favor of a third personPerson.