Common use of Borrower and Operator Negative Covenants Clause in Contracts

Borrower and Operator Negative Covenants. (a) Borrower ---------------------------------------- covenants and agrees that, until payment in full of the Indebtedness, it will not do, directly or indirectly, any of the following unless Lender consents thereto in writing:

Appears in 3 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

AutoNDA by SimpleDocs

Borrower and Operator Negative Covenants. (a) Borrower ---------------------------------------- covenants and agrees that, until payment in full of the Indebtedness, it will not do, directly or indirectly, any of the following unless Mezzanine Lender consents thereto in writing:

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Brookdale Living Communities Inc)

AutoNDA by SimpleDocs

Borrower and Operator Negative Covenants. (a) Borrower ---------------------------------------- covenants and agrees that, until payment in full of the Indebtedness, it will not do, directly or indirectly, any of the following unless Lender consents thereto in writing:

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

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