EQR Assets Clause Samples

EQR Assets. For so long as the Parent Guaranty is not in effect, the ownership of substantially all operating properties of EQR and its Consolidated Subsidiaries shall be held by the Borrower and its Consolidated Subsidiaries (other than operating properties held by EQR or any of its Consolidated Subsidiaries (other than the Borrower and its Subsidiaries) on a temporary or pass-through basis).