Incur Debt. Incur, create or assume any Debt other than Permitted Debt (Mezzanine) or Transfer all or any part of the Collateral or any interest therein, except as permitted in the Loan Documents (Mezzanine);
Appears in 2 contracts
Samples: Mezzanine Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Mezzanine Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Incur Debt. Incur, create or assume any Debt other than Permitted Debt (Junior Mezzanine) or Transfer all or any part of the Collateral or any interest therein, except as permitted in the Loan Documents (Junior Mezzanine);
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.)
Incur Debt. Incur, create or assume any Debt other than Permitted Debt (Intermediate Mezzanine) or Transfer all or any part of the Collateral or any interest therein, except as permitted in the Loan Documents (Intermediate Mezzanine);
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.)
Incur Debt. Incur, create or assume any Debt other than Permitted Debt (Senior Mezzanine) or Transfer all or any part of the Collateral or any interest therein, except as permitted in the Loan Documents (Senior Mezzanine);
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.)