Setoff, Etc. The Collateral and the Agent's rights with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the Borrower or a Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance and any other claim or demand, except for the Permitted Liens.
Appears in 4 contracts
Sources: Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the The Borrower or a Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance and any or other claim or demand, except for those encumbrances permitted in the Permitted LiensSecurity Deeds.
Appears in 3 contracts
Sources: Master Revolving Credit Agreement (Ramco Gershenson Properties Trust), Master Revolving Credit Agreement (Ramco Gershenson Properties Trust), Master Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Lenders with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the The Borrower or a Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance and any or other claim or demand, except for the Permitted Liens.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Lenders with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either The Borrowers are the Borrower or a Guarantor is the owner owners of the Collateral free from any lien, security interest, encumbrance and any or other claim or demand, except for those encumbrances permitted in the Permitted LiensSecurity Deeds or permitted by §8.2.
Appears in 2 contracts
Sources: Master Credit Agreement (Howard Hughes Corp), Master Credit Agreement (Howard Hughes Corp)
Setoff, Etc. The Collateral and the Agent's rights with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the The Borrower or a Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance and any other claim or demand, except for the Permitted Liens.
Appears in 2 contracts
Sources: Construction Loan Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the The Borrower or a the applicable Subsidiary Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance and any or other claim or demand, except for those encumbrances permitted in the Permitted LiensSecurity Deeds.
Appears in 2 contracts
Sources: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the Borrower or a Guarantor is the owner of the Collateral Equity Interests free from any lien, security interest, encumbrance and any or other claim or demand, except for the Permitted Liens.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Setoff, Etc. The Collateral and the Agent's rights with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the The Borrower or a Guarantor is the owner of the Collateral free from any lien, security interest, encumbrance and any other claim or demand, except for the Permitted Liens.
Appears in 1 contract
Setoff, Etc. The Collateral and the Agent's rights with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the Borrower or a Guarantor is will be the owner of the Collateral free from any lien, security interest, encumbrance and any other claim or demand, except for the Permitted Liens, at the time such Collateral becomes a Mortgaged Property.
Appears in 1 contract
Sources: Revolving Credit Agreement (Amerivest Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the Borrower or a Guarantor is The Borrowers are the owner of the Collateral free from any lien, security interest, encumbrance and any or other claim or demand, except for those encumbrances permitted in the Permitted LiensSecurity Deeds or permitted by Section 8.2.
Appears in 1 contract
Sources: Master Credit Agreement (Wellsford Real Properties Inc)
Setoff, Etc. The Collateral and the Agent's rights with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either the The Borrower or a Guarantor is the owner of the Collateral free from any lienpledge, security interest, encumbrance and any other claim or demand, except for the Permitted Liens.
Appears in 1 contract
Setoff, Etc. The Collateral and the Agent's rights with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either The Guarantors are the Borrower or a Guarantor is the owner owners of the Collateral free from any lien, security interest, encumbrance and any other claim or demand, except for the Permitted Liens.
Appears in 1 contract
Setoff, Etc. The Collateral and the Agent's rights of the Agent and the Banks with respect to the Collateral are not subject to any setoff, claims, withholdings or other defenses. Either The Borrower and the Borrower or a Guarantor is are the owner owners of the Collateral free from any lien, security interest, encumbrance and any or other claim or demand, except for the Permitted Liens.
Appears in 1 contract
Sources: Revolving Credit Agreement (Wellsford Real Properties Inc)