Common use of Control of Property Clause in Contracts

Control of Property. Prior to the Mortgage Release Date, Indemnitors shall not record or cause to be recorded any document containing a provision that could enable any Person to control the use or ownership of the Property, such as a purchase option; repurchase option; or restrictive covenant such as one that limits the brand of fuel that can be sold on the Property.

Appears in 6 contracts

Sources: Environmental Indemnification Agreement, Environmental Indemnification Agreement, Environmental Indemnification Agreement