Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower or any Guarantor are sold, Borrower or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Guarantor presently conducts its business or any merger or consolidation involving Borrower or any Guarantor.
Appears in 10 contracts
Samples: Term Loan Agreement (Resource Real Estate Opportunity REIT II, Inc.), Term Loan Agreement (Inland Real Estate Income Trust, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower or any Guarantor are sold, Borrower or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Guarantor presently conducts its business or any merger or consolidation involving Borrower or any Guarantor.
Appears in 6 contracts
Samples: Construction Loan Agreement, Term Loan Agreement, Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of any Borrower or any Guarantor are sold, any Borrower or any Guarantor is dissolved, or there occurs any change in the form of business entity through which any Borrower or any Guarantor presently conducts its business or any merger or consolidation involving any Borrower or any Guarantor.
Appears in 3 contracts
Samples: Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower, any general partner of a Borrower or any the Guarantor are sold, Borrower or any the Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Guarantor presently conducts its business or any merger or consolidation involving Borrower or any the Guarantor., unless the successor resulting from such merger or consolidation is controlled by Sun Communities, Inc.
Appears in 3 contracts
Samples: Term Loan Agreement (Sun Communities Inc), Term Loan Agreement (Sun Communities Inc), Term Loan Agreement (Sun Communities Inc)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower or any Corporate Guarantor are sold, Borrower or any Corporate Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Corporate Guarantor presently conducts its business or any merger or consolidation involving Borrower or any Corporate Guarantor.
Appears in 2 contracts
Samples: Term Loan Agreement, Term Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower or any Guarantor guarantor are sold, Borrower or any Guarantor guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Guarantor guarantor presently conducts its business or any merger or consolidation involving Borrower or any Guarantorguarantor.
Appears in 2 contracts
Samples: Master Agreement, Construction Loan Agreement
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower Borrower, Guarantor or any Guarantor Permitted Subsidiary are sold, Borrower Borrower, Guarantor or any Guarantor Permitted Subsidiary is dissolved, or there occurs any change in the form of business entity through which Borrower Borrower, Guarantor or any Guarantor Permitted Subsidiary presently conducts its business or any merger or consolidation involving Borrower or any GuarantorBorrower.
Appears in 2 contracts
Samples: Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower any Grantor or any Guarantor are sold, Borrower any Grantor or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower any Grantor, or any Guarantor presently conducts its business or any merger or consolidation involving Borrower any Grantor, or any Guarantor.
Appears in 2 contracts
Samples: Loan and Security Agreement (4Front Ventures Corp.), Loan and Security Agreement
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower Borrower, ASF or any Guarantor are sold, Borrower Borrower, ASF or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower Borrower, ASF or any Guarantor presently conducts its business or any merger or consolidation involving Borrower Borrower, ASF or any Guarantor.
Appears in 1 contract
Samples: Construction Loan Agreement (American Retirement Corp)
Dissolution; Change in Business Status. Unless it is a Permitted Transfer or the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower Borrower, Managing Member or any Guarantor are sold, Borrower or any Guarantor Managing Member is dissolved, or there occurs any change in the form of business entity through which Borrower Borrower, Managing Member or any Guarantor presently conducts its business or any merger or consolidation involving Borrower Borrower, Managing Member or any Guarantor.
Appears in 1 contract
Samples: Term Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of any Borrower or any Guarantor are sold, any Borrower, any Borrower or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower any Borrower, or any Guarantor presently conducts its business or any merger or consolidation involving Borrower any Borrower, or any Guarantor.. Section 6.20
Appears in 1 contract
Samples: Construction Loan Agreement (4Front Ventures Corp.)
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower or any Guarantor are sold, Borrower or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Guarantor presently conducts its business or any merger or consolidation involving Borrower or any Guarantor, or the controlling interest in Borrower ceases to be owned by the Guarantor.
Appears in 1 contract
Dissolution; Change in Business Status. Unless the written consent of Lender is previously obtained, all or substantially all of the business assets of Borrower or any Guarantor are sold, Borrower or any Guarantor is dissolved, or there occurs any change in the form of business entity through which Borrower or any Guarantor presently conducts its business or any merger or consolidation involving Borrower or any Guarantor, except in the case of a merger of Borrower or Guarantor, where Borrower or Guarantor, as applicable, is the surviving entity.
Appears in 1 contract
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.)
