Common use of Other Encumbrances Clause in Contracts

Other Encumbrances. Any material default by any Borrower under any material document or instrument, other than the Loan Documents, evidencing or creating a Lien on any Project or any part thereof, is not cured within any applicable grace or cure period therein.

Appears in 3 contracts

Sources: Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.)

Other Encumbrances. Any material default by any Borrower under any material document or instrument, other than the Loan Documents, evidencing or creating a Lien on any the Project or any part thereof, is not cured within any applicable grace or cure period therein.

Appears in 1 contract

Sources: Loan Agreement (Summit Healthcare REIT, Inc)

Other Encumbrances. Any material default by any Borrower Borrowers under any material document or instrument, other than the Loan Documents, evidencing or creating a Lien on any Project the Projects or any part thereof, is not cured within any applicable grace or cure period therein.

Appears in 1 contract

Sources: Loan Agreement (IPC Alternative Real Estate Income Trust, Inc.)

Other Encumbrances. Any material default by any Borrower Borrowers under any material document or instrument, other than the Loan Documents, evidencing or creating a Lien on any Project the Projects or any part thereof, is not cured within any applicable grace or cure period therein.

Appears in 1 contract

Sources: Loan Agreement (Healthcare Trust, Inc.)

Other Encumbrances. Any material default by any Borrower Borrowers under any material document or instrument, other than the Loan Documents, evidencing or creating a Lien on any Project or any part thereof, is not cured within any applicable grace or cure period therein.

Appears in 1 contract

Sources: Loan Agreement (Care Capital Properties, Inc.)