Common use of Collectively Clause in Contracts

Collectively. MCRC, the Subsidiary Guarantors and any other Affiliate of the Borrower executing a Guaranty; PROVIDED, HOWEVER, when the context so requires, Guarantor shall refer to MCRC or such Affiliate, as appropriate. Any Guarantor that is the owner or ground lessee of an Unencumbered Property shall be a wholly-owned Subsidiary. PROVIDED FURTHER, HOWEVER, from and after the release of the Guaranty of any Subsidiary Guarantor pursuant to Section 5 below, such Subsidiary Guarantor shall no longer be considered a "Guarantor" for purposes of this Agreement.

Collectively. MCRC, the any Subsidiary Guarantors and any other Affiliate of the Borrower executing a Guaranty; PROVIDEDprovided, HOWEVERhowever, when the context so requires, Guarantor shall refer to MCRC or such Affiliate, as appropriate. Any Guarantor that is the owner or ground lessee of an Unencumbered Property shall be a wholly-owned Subsidiary. PROVIDED FURTHER, HOWEVER, from From and after the release of the Guaranty of any Subsidiary Guarantor pursuant to Section §5 below, such Subsidiary Guarantor shall no longer be considered a "“Guarantor" ” for purposes of this Agreement.

Collectively. MCRC, the any Subsidiary Guarantors and any other Affiliate of the Borrower executing a Guaranty; PROVIDEDprovided, HOWEVERhowever, when the context so requires, Guarantor shall refer to MCRC or such Affiliate, as appropriate. Any Guarantor that is the owner or ground lessee of an Unencumbered Property shall be a wholly-owned Subsidiary. PROVIDED FURTHER, HOWEVER, from From and after the release of the Guaranty of any Subsidiary Guarantor pursuant to Section §5 below, such Subsidiary Guarantor shall no longer be considered a "“Guarantor" ” for purposes of this Agreement. Hazardous Substances. See §6.18(b).