Common use of Assets Clause in Contracts

Assets. Borrower shall not purchase or own any property other than the Property and any property necessary or incidental for the operation of the Property.

Appears in 31 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Cole Credit Property Trust V, Inc.)

AutoNDA by SimpleDocs

Assets. Borrower shall not purchase or own any asset or property other than the Property and any asset or property necessary for or incidental for to the operation of the Property.

Appears in 7 contracts

Samples: Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Electro Scientific Industries Inc)

Assets. Borrower shall not purchase or own any property other than the Property and any property necessary or incidental for to the ownership and operation of the Property.

Appears in 4 contracts

Samples: Loan Agreement (Piedmont Office Realty Trust, Inc.), Loan Agreement, Loan Agreement (City Office REIT, Inc.)

Assets. Borrower shall not purchase or own any property other than the Property and any property necessary or incidental for the operation of the Property.

Appears in 4 contracts

Samples: Loan Agreement (Pebblebrook Hotel Trust), Loan Agreement (Wyndham International Inc), Loan Agreement (Prime Group Realty Trust)

Assets. Borrower shall not purchase or own any property other than the Property and any property incidental Personal Property necessary or incidental for the ownership or operation of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Hilton Worldwide Holdings Inc.), Loan Agreement (Sothebys)

Assets. Borrower shall not purchase or own any property real properties other than the Property and any property necessary or incidental for the operation of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)

Assets. Borrower shall not purchase or own any property properties other than the Property and any Properties, incidental personal property necessary or incidental for the ownership or operation of the Property.Properties, and cash or cash equivalents (whether or not invested). (i)

Appears in 1 contract

Samples: Loan Agreement (Horizon Group Inc)

Assets. Borrower shall not purchase or own any property other than the Property and any property necessary or incidental for the operation of the Property. Borrower may make loans to any of its Affiliates, provided that, Borrower shall not enforce any of its remedies with respect thereto during the term of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Trizec Properties Inc)

Assets. Borrower shall not purchase or own any property properties other than the Property Individual Properties and any property necessary or incidental for the operation of the PropertyIndividual Properties.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

Assets. Borrower shall not purchase or own any property properties other than the Property and any property necessary or incidental for the operation of the its Property.

Appears in 1 contract

Samples: Loan Agreement (Servico Market Center Inc)

Assets. Borrower shall not purchase or own any real property other than the Property and any property necessary or incidental for the operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (American Financial Realty Trust)

Assets. Borrower shall not purchase or own any property other than ------ the Property and any property necessary or incidental for the operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

Assets. Borrower shall not purchase or own any asset or property other than the Collateral and any asset or property necessary for or incidental to the ownership of the Collateral. Borrower shall not permit Mortgage Borrower to purchase or own any asset or property other than the Property and any asset or property necessary for or incidental for to the ownership, leasing and operation of the Property.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Plymouth Industrial REIT Inc.)

AutoNDA by SimpleDocs

Assets. Each Borrower shall not purchase or own any property properties other than the Property Properties and any other property necessary or incidental for the operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Ventas Inc)

Assets. Borrower shall not purchase or own any property other than the Property and any other property necessary or incidental for the operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Assets. Borrower shall not purchase or own any property other than the Property and any property necessary or incidental for the operation of the Propertyconsistent with its purposes.

Appears in 1 contract

Samples: Loan Agreement (Taubman Centers Inc)

Assets. Borrower shall not purchase or own any property other than the Property Project and any property necessary or incidental for the operation of the Propertyconsistent with its purposes.

Appears in 1 contract

Samples: Loan Agreement (Taubman Centers Inc)

Assets. Borrower shall not purchase or own any real property ------ other than the Property and any property necessary or incidental for the operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Prentiss Properties Trust/Md)

Assets. Borrower shall not permit Mortgage Borrower to purchase or own any asset or property other than the Property and any asset or property necessary for or incidental for to the operation of the Property.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

Assets. Borrower shall not purchase or own any property properties other than the Individual Property and any property necessary or incidental for the operation of the Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

Assets. Borrower and each Individual Borrower shall not purchase ------ or own any real property other than the Property and any property necessary or incidental for the operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Prentiss Properties Trust/Md)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!