Common use of Permitted Encumbrances Clause in Contracts

Permitted Encumbrances. To Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To the best of Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security InstrumentInstruments, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the any Individual Property, materially impairs the use or the operation of the any Individual Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely mannerthe Obligations as and when required under the Loan Documents.

Permitted Encumbrances. To Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents materially and adversely affects the value or marketability of the PropertyProperty or any portion thereof, materially and adversely impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To the best of Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s 's ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the PropertyProperty (or any portion thereof), materially impairs the use or the operation of the Property for its intended use or materially impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely mannerthe Obligations as and when required under the Loan Documents.

Permitted Encumbrances. To Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the PropertyProperty or any portion thereof, materially and adversely impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security InstrumentPledge Agreement, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the PropertyProperty or the Collateral or any portion thereof, materially and adversely impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security InstrumentInstruments, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the any Individual Property, materially impairs the use or the operation of the any Individual Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely mannerthe Obligations as and when required under the Loan Documents.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security InstrumentInstruments, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the any Property, materially impairs the use or the operation of the any Property for its intended use or impairs any Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the any Individual Property, materially impairs the use or the operation of the any Individual Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially and adversely impairs the use or the operation of the Property for its intended use or materially and adversely impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s Borrowers’ ability to pay its their obligations in a timely manner.

Permitted Encumbrances. To Borrower’s 's knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the PropertyProperty or any portion thereof, materially and adversely impairs the use or the operation of the Property for its intended use or impairs Borrower’s 's ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use in any material respect or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To the best of Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Propertyvalue, materially impairs the marketability, use or the operation of the an Individual Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely mannermanner as and when they come due.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially and adversely interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the PropertyProperty (or any portion thereof), materially and adversely impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.

Permitted Encumbrances. To Borrower’s knowledge, none of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents Documents, materially and adversely affects the value or marketability of the Property, materially impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely mannerthe Obligations as and when required under the Loan Documents.

Permitted Encumbrances. To Borrower’s knowledge, none None of the Permitted Encumbrances, individually or in the aggregate, materially interferes with the benefits of the security intended to be provided by this Agreement, the Security Instrument, the Note and the other Loan Documents materially and adversely affects the value or marketability of the Property, materially and adversely impairs the use or the operation of the Property for its intended use or impairs Borrower’s ability to pay its obligations in a timely manner.