Restrictions on Transfers and Encumbrances. Except as ------------------------------------------- permitted by the Credit Agreement, Grantor shall not, directly or indirectly, sell, convey, alienate, assign, lease, sublease, license, mortgage, pledge, encumber or otherwise transfer any interest in the Land or the Improvements or create, consent to or suffer the creation of any lien (other than the Permitted Encumbrances), charges or any form of encumbrance upon any interest in or any part of the Trust Property, or be divested of its title to the Trust Property or any interest therein in any manner or way, whether voluntarily or involuntarily (other than resulting from a condemnation), or engage in any common, cooperative, joint, time-sharing or other congregate ownership of all or part of the Trust Property.
Appears in 2 contracts
Sources: Deed of Trust, Assignment of Leases and Rents, Fixture Filing and Security Agreement (Jafra Cosmetics International Sa De Cv), Credit Agreement (Jafra Cosmetics International Sa De Cv)
Restrictions on Transfers and Encumbrances. Except as ------------------------------------------- permitted by the Credit Agreement, Grantor shall not, directly or indirectly, sell, convey, alienate, assign, lease, sublease, license, mortgage, pledge, encumber or otherwise transfer any interest in the Land or the Improvements or create, consent to or suffer the creation of any lien (other than the Permitted Encumbrances), charges or any form of encumbrance upon any interest in or any part of the Trust Property, or be divested of its title to the Trust Property or any interest therein in any manner or way, whether voluntarily or involuntarily (other than resulting from a condemnation), or engage in any common, cooperative, joint, time-sharing or other congregate ownership of all or part of the Trust Property.
Appears in 1 contract
Sources: Deed of Trust (Dirsamex Sa De Cv)