Representation of Company. To induce the Lenders to make the loans evidenced by the Notes (as defined in the Loan Agreement), the Company hereby represents and warrants that it has good and marketable fee, record and insurable title to each of the Eligible Unencumbered Properties, which term is defined in the Loan Agreement and which includes the property listed on Exhibit A hereto (the “Negative Pledge Property”). In addition, the Company hereby represents and warrants that it will keep the Negative Pledge Property free from all mortgages, liens, charges and encumbrances whatsoever, except for Permitted Liens (as defined in the Loan Agreement).
Appears in 2 contracts
Sources: Negative Pledge Agreement, Negative Pledge Agreement (Hartman Commercial Properties Reit)