Assets; Investing. No Tenant shall purchase or own any property other than property necessary for, or incidental to, the operation of the applicable Facility(ies) for its/their Primary Intended Use(s). No Tenant shall purchase or otherwise acquire, hold, or invest in securities (whether capital stock or instruments evidencing indebtedness) of any Person. No Tenant shall make loans or advances to any Person, except for cash balances temporarily invested in short-term or money market securities.
Assets; Investing. No Tenant shall purchase or own any property other than property necessary for, or incidental to, the operation of the applicable Facility for its Primary Intended Use and for ancillary services relating thereto. No Tenant shall purchase or otherwise acquire, hold, or invest in securities or other investments (whether Capital Stock or instruments evidencing indebtedness) of any Person other than as permitted by the SPE Requirements. No Tenant shall make loans or advances to any Person, except for physician recruitment loans consistent with Legal Requirements and cash balances temporarily invested in short-term or money market securities and except for loans to Tenant Related Parties and loans, advances, adjustments and write-offs to settle claims with patients in the ordinary course of business. No Tenant may sell, transfer or otherwise dispose of any Capital Stock in any other Tenant.
Assets; Investing. No Tenant shall purchase or own any property other than property necessary for, or incidental to, the operation of the applicable Facility(ies) for its/their Primary Intended Use(s). No Tenant shall purchase or otherwise acquire, hold, or invest in securities (whether capital stock or instruments evidencing indebtedness) of any Person. No Tenant shall make loans or advances to any Person, except for cash balances temporarily invested in short-term or money market securities pursuant to Tenant’s cash management system approved by Landlord or such other customary investments as may be approved by Landlord.
Assets; Investing. No Tenant (exclusive of Trans Healthcare of Ohio, Inc. in accordance with the Lease Guaranty only) shall purchase or own any property other than property necessary for, or incidental to, the operation of the applicable Facility(ies) for its/their Primary Intended Use(s). No Tenant (exclusive of Trans Healthcare of Ohio, Inc. to the extent expressly and specifically permitted under the Loan Documents and the Lease Guaranty) shall purchase or otherwise acquire, hold, or invest in securities (whether capital stock or instruments evidencing indebtedness) of any Person. No Tenant (exclusive of Trans Healthcare of Ohio, Inc. to the extent expressly and specifically permitted under the Loan Documents and the Lease Guaranty) shall make loans or advances to, any Person (other than any Guarantor provided no Event of Default then exists), except for cash balances temporarily invested in short-term or money market securities.
