CMBS Entities Debt. Any CMBS Entity creates, incurs or assumes any Debt in excess of the principal amount of such CMBS Entity's Debt as of the Closing Date. An Event of Default shall be deemed "continuing" until cured or waived in writing in accordance with Section 11.4.
Appears in 5 contracts
Samples: Term Loan Agreement (Arden Realty Limited Partnership), Term Loan Agreement (Arden Realty Limited Partnership), Revolving Credit Agreement (Arden Realty Limited Partnership)
CMBS Entities Debt. Any CMBS Entity creates, incurs or assumes any Debt in excess of the principal amount of such CMBS Entity's ’s Debt as of the Closing Date. An Event of Default shall be deemed "“continuing" ” until cured or waived in writing in accordance with Section 11.4.
Appears in 1 contract
Samples: Credit Agreement (Arden Realty Inc)