Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 15 contracts
Samples: Loan Agreement (RREEF Property Trust, Inc.), Loan Agreement (Amerco /Nv/), Loan Agreement (Strategic Hotels & Resorts, Inc)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 10 contracts
Samples: Loan Agreement (Red Oak Capital Fund IV, LLC), Loan Agreement (Red Oak Capital Fund IV, LLC), Loan Agreement (Red Oak Capital Fund IV, LLC)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property, other than Equipment, Fixtures and Personal Property owned by the Tenants under the Leases, and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 4 contracts
Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the Property (not including any Equipment, Fixtures, or Personal Property owned or leased by tenants of Borrower) and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 4 contracts
Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the Property (except for any equipment or personal property owned by Tenants or third-party service providers) and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property (together with any equipment and personal property owned by Tenants or third-party service providers) are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 3 contracts
Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Necessity Retail REIT, Inc.), Loan Agreement (Healthcare Trust, Inc.)
Inventory. Mortgage Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 3 contracts
Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Strategic Hotels & Resorts, Inc), Mezzanine Loan Agreement (Global Income Trust, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at each Individual Property, other than Equipment, Fixtures and Personal Property owned by the Property Tenants under the Leases and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunderpursuant to the Leases. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property Properties in the manner required hereunder and in the manner in which it is currently operated.
Appears in 2 contracts
Samples: Loan Agreement (Cole Credit Property Trust III, Inc.), Loan Agreement (Cole Credit Property Trust III, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property, other than Equipment, Fixtures and Personal Property owned by the tenants under the Leases and shall not lease any Equipment, Fixtures or Personal Property other than pursuant to the Leases or as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 2 contracts
Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Cole Credit Property Trust II Inc)
Inventory. Borrower is the owner of all of the material Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property, including without limitation all FF&E, except for any Equipment or Personal Property owned by Tenants (other than Operating Tenant) or third party service providers, and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 2 contracts
Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (Procaccianti Hotel Reit, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property Property, other than such items leased under equipment leases or provided under contracts disclosed to Lender, and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 2 contracts
Samples: Loan Agreement (Interstate Hotels & Resorts Inc), Loan Agreement (Interstate Hotels & Resorts Inc)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the each Individual Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the each Individual Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 2 contracts
Samples: Loan Agreement (TNP Strategic Retail Trust, Inc.), Loan Agreement (TNP Strategic Retail Trust, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageMortgages) located on or at the each Individual Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property Properties in the manner required hereunder and in the manner in which it is they are currently operated.
Appears in 1 contract
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the each Mortgage) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than with Administrative Agent’s prior written consent or as expressly permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the applicable Property in the manner required hereunder and hereunder, in the manner in which it is currently operated.
Appears in 1 contract
Samples: Senior Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the each Mortgage) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than with Administrative Agent’s prior written consent or as expressly permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the applicable Property in the manner required hereunder and hereunder, in the manner in which it is currently operated.. 3.1.46 [Reserved]. 3.1.47
Appears in 1 contract
Samples: Senior Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageMortgages) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereundereach Individual Property. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property Properties in the manner required hereunder and in the manner in which it is they are currently operated.
Appears in 1 contract
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.. 36
Appears in 1 contract
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required specified hereunder and in the manner in which it the Property is currently operated.
Appears in 1 contract
Samples: Loan Agreement (Wheeler Real Estate Investment Trust, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageMortgages) located on or at the each Individual Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient for Borrower to operate the Property Properties in the manner required hereunder and in the manner in which it is currently operated.
Appears in 1 contract
Inventory. Except as otherwise expressly set forth in the Leases, Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageSecurity Instrument) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 1 contract
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property, other than Equipment, Fixtures and Personal Property owned by the Tenants under the Leases and shall not lease any Equipment, Fixtures or Personal Property other than pursuant to the Leases or as permitted hereunder. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 1 contract
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the each Mortgage) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunderwith Lender’s prior written consent. All of the Equipment, Fixtures and Personal Property are sufficient to operate the applicable Property in the manner required hereunder and hereunder, in the manner in which it is currently operated.
Appears in 1 contract
Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)
Inventory. Borrower is the owner of all of the Equipment, Fixtures and Personal Property (as such terms are defined in the Mortgage) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereunder. 72 All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated.
Appears in 1 contract
Inventory. Borrower is the owner of or leases (or Manager as agent for Borrower or Operating Lessee, as applicable in accordance with the Management Agreement leases) all of the Equipment, Fixtures and Personal Property (as such terms are defined in the MortgageMortgages) located on or at the Property and shall not lease any Equipment, Fixtures or Personal Property other than as permitted hereundereach Individual Property. All of the Equipment, Fixtures and Personal Property are sufficient to operate the Property Properties in the manner required hereunder and in the manner in which it is they are currently operated.
Appears in 1 contract
