Common use of Existence; Qualification; Partners; Subsidiaries Clause in Contracts

Existence; Qualification; Partners; Subsidiaries. 30 Section 4.02 Partnership and Corporate Power 31 Section 4.03 Authorization and Approvals 31 Section 4.04 Enforceable Obligations 31 Section 4.05 Parent REIT Status 32 Section 4.06 Financial Statements 32 Section 4.07 True and Complete Disclosure 32 Section 4.08 Litigation 32 Section 4.09 Use of Proceeds 32 Section 4.10 Investment Company Act 33 Section 4.11 Taxes 33 Section 4.12 Pension Plans 33 Section 4.13 Condition of Property; Casualties; Condemnation 34 Section 4.14 Insurance 34 Section 4.15 No Burdensome Restrictions; No Defaults 34 Section 4.16 Environmental Condition 34 Section 4.17 Legal Requirements, Zoning, Utilities, Access 35 Section 4.18 Existing Indebtedness 36 Section 4.19 Title; Encumbrances 36 Section 4.20 Leasing Arrangements 36 Section 4.21 Unencumbered Properties 36 Section 4.22 OFAC 36 ARTICLE V AFFIRMATIVE COVENANTS 37

Existence; Qualification; Partners; Subsidiaries. 30 23 Section 4.02 Partnership and Corporate Power 31 23 Section 4.03 Authorization and Approvals 31 24 Section 4.04 Enforceable Obligations 31 24 Section 4.05 Parent REIT Status 32 Financial Statements and Registration Statement 24 Section 4.06 Financial Statements 32 Section 4.07 True and Complete Disclosure 32 24 Section 4.07 Litigation 25 Section 4.08 Litigation 32 Section 4.09 Use of Proceeds 32 25 Section 4.10 4.09 Investment Company Act 33 25 Section 4.10 Taxes 25 Section 4.11 Taxes 33 Pension Plans 25 Section 4.12 Pension Plans 33 No Burdensome Restrictions; No Defaults 26 Section 4.13 Environmental Condition of Property; Casualties; Condemnation 34 26 Section 4.14 Insurance 34 Section 4.15 No Burdensome Restrictions; No Defaults 34 Section 4.16 Environmental Condition 34 Section 4.17 Legal Requirements, Zoning, Utilities, Access 35 27 Section 4.18 4.15 Existing Indebtedness 36 28 Section 4.19 Title; Encumbrances 36 Section 4.20 Leasing Arrangements 36 Section 4.21 Unencumbered Properties 36 Section 4.22 OFAC 36 4.16 Leases and Management Agreements 28 ARTICLE V AFFIRMATIVE COVENANTS 37Section 5.01 Compliance with Laws, Etc. 28

Existence; Qualification; Partners; Subsidiaries. 30 23 Section 4.02 Partnership and Corporate Power 31 23 Section 4.03 Authorization and Approvals 31 24 Section 4.04 Enforceable Obligations 31 24 Section 4.05 Parent REIT Status 32 Financial Statements and Registration Statement 24 Section 4.06 Financial Statements 32 Section 4.07 True and Complete Disclosure 32 24 Section 4.07 Litigation 25 Section 4.08 Litigation 32 Section 4.09 Use of Proceeds 32 25 Section 4.10 4.09 Investment Company Act 33 25 Section 4.10 Taxes 25 Section 4.11 Taxes 33 Pension Plans 25 Section 4.12 Pension Plans 33 No Burdensome Restrictions; No Defaults 26 Section 4.13 Environmental Condition of Property; Casualties; Condemnation 34 26 Section 4.14 Insurance 34 Section 4.15 No Burdensome Restrictions; No Defaults 34 Section 4.16 Environmental Condition 34 Section 4.17 Legal Requirements, Zoning, Utilities, Access 35 27 Section 4.18 4.15 Existing Indebtedness 36 28 Section 4.19 Title; Encumbrances 36 Section 4.20 Leasing Arrangements 36 Section 4.21 Unencumbered Properties 36 Section 4.22 OFAC 36 ARTICLE V AFFIRMATIVE COVENANTS 374.16 Leases and Management Agreements 28

Existence; Qualification; Partners; Subsidiaries. 30 41 Section 4.02 Partnership and Corporate Power 31 42 Section 4.03 Authorization and Approvals 31 42 Section 4.04 Enforceable Obligations 31 42 Section 4.05 Parent REIT Status 32 Stock 43 Section 4.06 Financial Statements 32 43 Section 4.07 True and Complete Disclosure 32 43 Section 4.08 Litigation 32 43 Section 4.09 Use of Proceeds 32 43 Section 4.10 Investment Company Act 33 44 Section 4.11 Taxes 33 44 Section 4.12 Pension Plans 33 44 Section 4.13 Condition of Hotel Property; Casualties; Condemnation 34 44 Section 4.14 Insurance 34 45 Section 4.15 No Burdensome Restrictions; Restrictions; No Defaults 34 45 Section 4.16 Environmental Condition 34 45 Section 4.17 Legal Requirements, Zoning, Utilities, Access 35 46 Section 4.18 Existing Indebtedness 36 46 Section 4.19 Title; Title; Encumbrances 36 46 Section 4.20 Leasing Arrangements 36 46 Section 4.21 Unencumbered Properties 36 Section 4.22 OFAC 36 47 ARTICLE V AFFIRMATIVE COVENANTS 3747