Common use of Forward Equity Contracts Clause in Contracts

Forward Equity Contracts. If Borrower shall enter into any forward equity contracts, Borrower may only settle the same by delivery of stock, it being agreed that if Borrower shall settle the same with cash, the same shall constitute an Event of Default hereunder.

Appears in 14 contracts

Samples: Credit Agreement (Equity Office Properties Trust), Credit Agreement (Equity Office Properties Trust), Revolving Credit Agreement (Eop Operating LTD Partnership)

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Forward Equity Contracts. If Borrower shall enter into any forward equity contracts, Borrower may only settle the same by delivery of stock, it being agreed that if Borrower shall settle the same with cash, the same shall constitute an Event of Default hereunderhereunder unless Borrower shall have received the unanimous consent of the Banks to settle such forward equity contracts with cash.

Appears in 9 contracts

Samples: Credit Agreement (Amb Property Lp), Revolving Credit Agreement (Amb Property Lp), Credit Agreement (Amb Property Lp)

Forward Equity Contracts. If Borrower shall enter into any forward equity contracts, Borrower may shall only settle the same by the delivery of stock, it being agreed that if Borrower shall settle the same with cash, the same shall constitute an Event of Default hereunder.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Sl Green Realty Corp), Credit and Guaranty Agreement (Sl Green Realty Corp), Revolving Credit and Guaranty Agreement (Sl Green Realty Corp)

Forward Equity Contracts. If the Borrower shall enter into any forward equity contracts, the Borrower may shall only settle the same by the delivery of stock, it being agreed that if Borrower shall settle the same with cash, the same shall constitute an Event of Default hereunder.

Appears in 3 contracts

Samples: Revolving Credit and Guaranty Agreement (Sl Green Realty Corp), Revolving Secured Credit and Guaranty Agreement (Sl Green Realty Corp), Pledge and Security Agreement (Sl Green Realty Corp)

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Forward Equity Contracts. If Borrower shall enter into any forward equity contracts, Borrower may only settle the same by delivery of stock, it being agreed that if Borrower shall settle the same with cash, the same shall constitute an Event of Default hereunder.. 48

Appears in 1 contract

Samples: Term Loan Agreement (Equity Office Properties Trust)

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