Acquisitions; Investments. (i) Acquisitions of Hotel Properties, other real estate or other assets constituting a Related Business during the Last Twelve Months ended [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] $ [ ] While the Leverage Ratio is greater than or equal to 6.00:1.00, Acquisitions and Investments are not permitted if the occurrence of such will result or would have resulted in the Financial Condition Test not being met (e.g., a Default or Event of Default in respect to calculating Sections 7.15 through 7.17).
Appears in 3 contracts
Samples: Assignment and Assumption (Host Hotels & Resorts, Inc.), Pledge and Security Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts, Inc.)
Acquisitions; Investments. (i) Acquisitions of Hotel Properties, other real estate or other assets constituting a Related Business during the Last Twelve Months ended [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] $ [ ] While the Leverage Ratio is greater than or equal to 6.00:1.00, Acquisitions and Investments are not permitted if the occurrence of such will result or would have resulted in the Financial Condition Test not being met (e.g., a Default or Event of Default in respect to calculating Sections 7.15 through 7.17).
Appears in 2 contracts
Samples: Assignment and Assumption (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts L.P.)
