No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”), other than pursuant to Leases of space at the Property to tenants in accordance with the applicable provisions hereof, without the prior written consent of Lender.
Appears in 5 contracts
Samples: Disturbance and Attornment Agreement (American Assets Trust, Inc.), Deed of Trust and Security Agreement (American Assets Trust, Inc.), Non Disturbance and Attornment Agreement (American Assets Trust, Inc.)
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”"PROHIBITED TRANSFER"), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 4 contracts
Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”"PROHIBITED TRANSFER"), other than pursuant to Leases of space at the Property to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 3 contracts
Samples: Loan Agreement (Manufactured Home Communities Inc), Loan Agreement (Manufactured Home Communities Inc), Loan Agreement (Manufactured Home Communities Inc)
No Sale/Encumbrance. (ac) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 2 contracts
Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the any Individual Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”"PROHIBITED TRANSFER"), other than pursuant to the Operating Lease or other Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13(e), without the prior written consent of Lender.
Appears in 2 contracts
Samples: Loan Agreement (Corporate Property Associates 15 Inc), Loan Agreement (Corporate Property Associates 16 Global Inc)
No Sale/Encumbrance. (a) Except as provided in this Security InstrumentSections 2.5 and 7.3, Borrower shall not cause or permit a Sale or Pledge of the any Individual Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 2 contracts
Samples: Loan Agreement (Capital Lodging), Mezzanine Loan Agreement (Capital Lodging)
No Sale/Encumbrance. (a) Except as provided in this Security Instrumentexpressly permitted pursuant to Section 7.3 hereof, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 1 contract
No Sale/Encumbrance. (a) Except as provided set forth in this Security InstrumentSection 7.3 hereof, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13 (including, without limitation, the Sotheby’s Lease), without the prior written consent of Lender.
Appears in 1 contract
Samples: Loan Agreement (Sothebys)
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 1 contract
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the any Individual Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”)) without the prior written consent of Lender, other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereof, without the prior written consent of LenderSection 5.13.
Appears in 1 contract
Samples: Term Loan Agreement (Developers Diversified Realty Corp)
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each casecollectively, a “"Prohibited Transfer”"), other than pursuant to Leases of space at in the Property Improvements to tenants in accordance with the applicable provisions hereofof Section 3.6, without the prior written consent of Lender.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement (Global Geophysical Services Inc)
No Sale/Encumbrance. (a) Except as provided in this Security Instrumentexpressly permitted pursuant to Sections 7.3 or 7.5 hereof, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”"PROHIBITED TRANSFER"), other than pursuant to Leases of space at in the Property Improvements or ground lease to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 1 contract
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”"PROHIBITED TRANSFER"), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 4.13, without the prior written consent of Lender.
Appears in 1 contract
Samples: Loan Agreement (Acadia Realty Trust)
No Sale/Encumbrance. (a) Except as provided in this Security InstrumentSection 7.3 below, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “Prohibited Transfer”"PROHIBITED TRANSFER"), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender.
Appears in 1 contract
No Sale/Encumbrance. (a) Except as provided in this Security Instrument, Borrower shall not cause or permit a Sale or Pledge of the Property or any part thereof or any legal or beneficial interest therein nor permit a Sale or Pledge of an interest in any Restricted Party (in each case, a “"Prohibited Transfer”"), other than pursuant to Leases of space at in the Property Improvements to tenants Tenants in accordance with the applicable provisions hereofof Section 5.13, without the prior written consent of Lender, which consent shall not be unreasonably withheld, conditioned or delayed.
Appears in 1 contract
