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Common use of Additional Collateral Clause in Contracts

Additional Collateral. The related Loan Documents do not provide for or permit, without the prior written consent of the holder of the Mortgage Note, each related Mortgaged Property to secure any other promissory note or obligation, other than another Mortgage Loan.

Appears in 26 contracts

Sources: Mortgage Loan Purchase and Sale Agreement (Banc of America Commercial Mortgage Pass-Through Certificates, Series 2004-5), Mortgage Loan Purchase and Sale Agreement (Banc of America Commercial Mort. Pass Thr. Certs SER 2004-3), Mortgage Loan Purchase and Sale Agreement (Banc of America Commercial Mortgage Inc. Series 2006-1)

Related Clauses

  • Additional Collateral, etc
  • No Additional Collateral
  • Additional Collateral and Guaranties
  • Delivery of Additional Collateral
  • Additional Collateral; Further Assurances

Parent Clauses

  • AFFIRMATIVE COVENANTS
  • Miscellaneous
  • Covenants
  • Collateral
  • Security for the Obligations

Sub-Clauses

  • Legal Opinions
  • Title Information
  • Subordination of Intercompany Debt
  • Subordination of Obligor’s Liens
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