Asset of Party to Which Contribution is Owing. The Guarantors acknowledge that the right to contribution hereunder shall constitute an asset in favor of the Guarantor to which such contribution is owing.
Appears in 18 contracts
Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties), Guaranty and Contribution Agreement (LaSalle Hotel Properties)
Asset of Party to Which Contribution is Owing. The Guarantors --------------------------------------------- acknowledge that the right to contribution hereunder shall constitute an asset in favor of the Guarantor to which such contribution is owing.
Appears in 4 contracts
Samples: Credit Agreement (American General Hospitality Corp), Management Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp)
Asset of Party to Which Contribution is Owing. The Guarantors parties hereto acknowledge that the right to contribution hereunder shall constitute an asset in favor of the any Subsidiary Guarantor to which such contribution is owing.
Appears in 1 contract
Samples: Assignment and Assumption (American Realty Capital Trust, Inc.)
Asset of Party to Which Contribution is Owing. The Guarantors acknowledge that the right to contribution hereunder shall constitute an asset in favor of the such Guarantor to which such contribution is owing.
Appears in 1 contract
