Common use of Conditional Sales Clause in Contracts

Conditional Sales. Except for copiers, scanners, printers, telephone systems and other general office equipment, Borrower shall not incorporate in the Improvements any property acquired under a conditional sales contract or lease or as to which the vendor retains title or a security interest, without the prior written consent of Lender.

Appears in 3 contracts

Sources: Loan and Security Agreement (4Front Ventures Corp.), Construction Loan Agreement (4Front Ventures Corp.), Loan and Security Agreement