Future Title Encumbrances definition

Future Title Encumbrances shall have the meaning given such term in Section 4.6.2.
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Examples of Future Title Encumbrances in a sentence

  • All financial obligations imposed on Tenant and/or on Operator during the term of the Operating Agreement and/or on the Retirement Community pursuant to any Future Title Encumbrances shall be paid by Landlord from its own funds, and not as a Property Expense or from the Reserve, unless Tenant, and Operator during the term of the Operating Agreement, have given their prior written consent in accordance with the terms of Section 4.6.2 to the payment of such obligations as Property Expenses.

  • Title Encumbrances which are entered into, or become encumbrances on the Retirement Community and/or the Leased Property, after the Commencement Date shall be referred to in this Agreement as "Future Title Encumbrances." Landlord agrees that it will give Tenant and Operator, if applicable, Notice of its intention to execute any Future Title Encumbrances, such Notice to be reasonably in advance of the execution thereof.

  • All financial obligations imposed on Owner or on Operator or on the Retirement Community pursuant to any Future Title Encumbrances shall be paid by Owner from its own funds, and not from Gross Revenues or from the FF&E Reserve, unless Operator has given its prior written consent to such Future Title Encumbrance, or unless such consent of Operator is not required under Section 2.05B.

  • Title Encumbrances which are entered into, or become encumbrances on the Retirement Community and/or the Land, after the Effective Date shall be referred to in this Agreement as "Future Title Encumbrances." Owner agrees that it will give Operator written notice of its intention to execute any Future Title Encumbrances, such notice to be reasonably in advance of the execution thereof.

  • All financial obligations imposed on Tenant and/or on the Retirement Community pursuant to any Future Title Encumbrances shall be paid by Landlord from its own funds, and not as a Property Expense or from the Reserve, unless Tenant has given its prior written consent in accordance with the terms of Section 4.6.2 to the payment of such obligations as Property Expenses.

  • This release includes in its effect a release of all the GDIT Releasees.

  • Existing Title Encumbrances and Future Title Encumbrances permitted pursuant to Section 2.05 of this Agreement.

  • Title Encumbrances which are entered into, or become encumbrances on the Facility and/or the Leased Property, after the Commencement Date shall be referred to in this Agreement as “Future Title Encumbrances.” Landlord agrees that it will give Tenant and Manager, if applicable, Notice of its intention to execute any Future Title Encumbrances.

Related to Future Title Encumbrances

  • Permitted Encumbrances means:

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the Mortgage Policy delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.

  • Encumbrances means any mortgages, pledges, liens, security interests, conditional and installment sale agreements, activity and use limitations, conservation easements, deed restrictions, encumbrances and charges of any kind.