Common use of Certain Subtenants Prohibited Clause in Contracts

Certain Subtenants Prohibited. Anything to the contrary in this Agreement notwithstanding, Tenant shall not sublease the Leased Property to, or enter into any similar arrangement with, any Person that would be described in Section 514(c)(9)(B)(iii) or (iv) of the Code.

Appears in 11 contracts

Samples: Master Lease Agreement (Care Investment Trust Inc.), Lease Agreement (American Retirement Corp), Lease Agreement (CNL Retirement Properties Inc)

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Certain Subtenants Prohibited. Anything to the contrary in this Agreement Lease notwithstanding, Tenant shall not sublease the Leased Property to, or enter into any similar arrangement with, any Person that would be described in Section 514(c)(9)(B)(iii) or (iv) of the Code.

Appears in 6 contracts

Samples: Lease Agreement (CNL Healthcare Properties, Inc.), Lease Agreement (CNL Lifestyle Properties Inc), Lease Agreement (CNL Healthcare Trust, Inc.)

Certain Subtenants Prohibited. Anything to the contrary in this Agreement notwithstanding, Tenant shall not sublease the Leased Property to, or enter into any similar arrangement with, any Person that would be described in Section 514(c)(9)(B)(iii) or (iv) of the Code. This provision shall not be construed in any way to limit Tenant's ability to lease its interests in the Lease Property, the Improvements and other elements of the Community to the Facility Tenant pursuant to the Facility Lease.

Appears in 1 contract

Samples: Ground Lease Agreement (CNL Retirement Properties Inc)

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Certain Subtenants Prohibited. Anything to the contrary in this Agreement notwithstanding, Tenant shall not sublease the Leased Property to, or enter into any similar arrangement with, any Person that would be described in Section 514(c)(9)(B)(iii) or (iv) of the Code.

Appears in 1 contract

Samples: Lease Agreement (CNL Lifestyle Properties Inc)

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