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