No Sale/Encumbrance. (a) Borrower agrees that Borrower shall not, without the prior written consent of Lender, Transfer the Property or any part thereof or permit the Property or any part thereof to be Transferred. Lender shall not be required to demonstrate any actual impairment of its security or any increased risk of default hereunder in order to declare the Debt immediately due and payable upon Borrower’s Transfer of the Property without Lender’s consent.
Appears in 5 contracts
Samples: Security Agreement (Reading International Inc), Deed of Trust and Security Agreement (Inland American Real Estate Trust, Inc.), Mortgage and Security Agreement (Gladstone Commercial Corp)
No Sale/Encumbrance. (a) Borrower agrees that Borrower shall not, without the prior written consent of Lender, Transfer the Property or any part thereof or permit the Property or any part thereof to be Transferred. Lender shall not be required to demonstrate any actual impairment of its security or any increased risk of default hereunder in order to declare the Debt immediately due and payable upon Borrower’s 's Transfer of the Property without Lender’s 's consent.
Appears in 3 contracts
Samples: Security Agreement (Westcoast Hospitality Corp), Escrow Agreement (First Potomac Realty Trust), Deed of Trust and Security Agreement (First Potomac Realty Trust)
No Sale/Encumbrance. (a) Borrower Xxxxxxxx agrees that Borrower shall not, without the prior written consent of Lender, Transfer the Property or any part thereof or permit the Property or any part thereof to be Transferred. Lender shall not be required to demonstrate any actual impairment of its security or any increased risk of default hereunder in order to declare the Debt immediately due and payable upon BorrowerXxxxxxxx’s Transfer of the Property without LenderXxxxxx’s consent.
Appears in 2 contracts
Samples: Trust and Security Agreement (Inland American Real Estate Trust, Inc.), Trust and Security Agreement (Inland American Real Estate Trust, Inc.)
No Sale/Encumbrance. (a) Borrower agrees that Borrower shall not, without the prior written consent of Lender, Transfer the Property property or any part thereof or permit the Property or any part thereof to be Transferred. Lender shall not be required to demonstrate any actual impairment of its security or any increased risk of default hereunder in order to declare the Debt immediately due and payable upon Borrower’s 's Transfer of the Property without Lender’s 's consent.
Appears in 1 contract
Samples: Trust and Security Agreement (First Potomac Realty Trust)
