Common use of ENCUMBERING THE PROPERTY Clause in Contracts

ENCUMBERING THE PROPERTY. From and after the Effective Date hereof, and until the Closing, or the earlier termination of this Agreement, Seller shall not sell, assign or create any right, title or interest whatsoever in and to the Property other than the Space Leases as addressed above, create or permit to exist any lien, easement, encumbrance or charge thereon without Purchaser’s prior written consent.

ENCUMBERING THE PROPERTY. From and after the Effective Date hereof, and until the Closing, or the earlier termination of this Agreement, Seller shall not sell, assign or create any right, title or interest whatsoever in and to the Property other than the Space Leases as addressed above, create or permit to exist any lien, easement, encumbrance or charge thereon without Purchaser’s prior written consent. Seller shall pay in a timely fashion all proper bills for labor or services for work performed for or on behalf of Seller with respect to the Property and obtain lien waivers for any lienable work.