Common use of Mortgaging Clause in Contracts

Mortgaging. Except as otherwise provided herein, Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns, expressly covenants that it shall not mortgage, hypothecate, pledge or otherwise encumber this lease without the prior written consent of Landlord in each instance.

Appears in 3 contracts

Sources: Acknowledgement (American Defense Systems Inc), Lease Agreement (Fidelity Holdings Inc), Lease Agreement (Porta Systems Corp)