Covenants of the Ground Lessor. Ground Lessor covenants with each of the other parties hereto (except as specifically provided below) that not later than January 31, 2001 without the prior written consent of the Conduit, the Liquidity Purchasers, Investors, and the Rating Agencies, Ground Lessor shall not contract for, create, incur or assume any indebtedness for borrowed money, incur any liabilities, acquire any assets other than the Land, enter into any agreements, or enter into any business or other activity, other than ground leasing of the Land to Ground Lessee pursuant to the Ground Lease or other than pursuant to or under the Operative Documents.
