Common use of Due on Sale and Encumbrance; Transfers of Interests Clause in Contracts

Due on Sale and Encumbrance; Transfers of Interests. Without the prior written consent of Lender, neither Borrower nor any other Person having an ownership or beneficial interest in Borrower shall sell, transfer, convey, mortgage, pledge, or assign any interest in the Project or any part thereof or further encumber, alienate, g▇▇▇▇ ▇ ▇▇▇▇ or g▇▇▇▇ any other interest in the Project or any part thereof, whether voluntarily or involuntarily, in violation of the covenants and conditions set forth in the Mortgage.

Due on Sale and Encumbrance; Transfers of Interests. Without the prior written consent of Lender, neither Borrower nor any other Person having an ownership or beneficial interest in Borrower shall sell, transfer, convey, mortgage, pledge, or assign any interest in the Project or any part thereof or further encumber, alienate, g▇▇▇▇▇ ▇ ▇▇▇▇ or g▇▇▇▇▇ any other interest in the Project or any part thereof, whether voluntarily or involuntarily, in violation of the covenants and conditions set forth in the Mortgage.

Due on Sale and Encumbrance; Transfers of Interests. Without the prior written consent of Lender, neither Borrower nor any other Person having an ownership or beneficial interest in Borrower shall sell, transfer, convey, mortgage, pledge, or assign any interest in the Project or any part thereof or further encumber, alienate, g▇▇▇▇ ▇ ▇▇▇▇ grant a Lien or g▇▇▇▇ grant any other interest in the Project or any part thereof▇▇▇▇▇▇▇, whether voluntarily ▇▇▇ther ▇▇▇▇ntarily or involuntarily, in violation of the covenants and conditions set forth in the Mortgage.

Due on Sale and Encumbrance; Transfers of Interests. Without the prior written consent of Lender, neither Borrower nor any other Person having an ownership or beneficial interest in Borrower shall sell, transfer, convey, mortgage, pledge, or assign any interest in the any Project or any part thereof or further encumber, alienate, g▇▇▇▇▇ ▇ ▇▇▇▇ or g▇▇▇▇▇ any other interest in the any Project or any part thereof, whether voluntarily or involuntarily, in violation of the covenants and conditions set forth in the MortgageMortgages.

Due on Sale and Encumbrance; Transfers of Interests. Without the prior written consent of Lender, neither Borrower nor any other Person having an ownership or beneficial interest in Borrower shall sell, transfer, convey, mortgage, pledge, or assign any interest in the Project or any part thereof or further encumber, alienate, g▇▇▇▇ ▇ ▇▇▇▇ grant a Lien or g▇▇▇▇ grant any LOAN AGREEMENT Page 27 Equity Inns- ____________ Loan No. ________________ other interest in the Project or any part thereof, whether voluntarily or involuntarily, in violation of the covenants and conditions set forth in the Mortgage.