Common use of Issuance of Equity Interests Clause in Contracts

Issuance of Equity Interests. Issue or allow to be created any ---------------------------- stocks or shares or shareholder, partnership, membership or beneficial ownership interests, as applicable, or other ownership interests other than the stocks, shares, shareholder, partnership, membership, or beneficial ownership interests and other ownership interests which are outstanding or exist on the Closing Date or any security or other instrument which by its terms is convertible into or exercisable or exchangeable for stock, shares, shareholder, partnership, membership or beneficial ownership interests or other ownership interests in Borrower, except as contemplated by this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

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Issuance of Equity Interests. Issue or allow to be created any ---------------------------- stocks or shares or shareholder, partnership, membership or beneficial ownership interests, as applicable, or other ownership interests other than the stocks, shares, shareholder, partnership, membership, or beneficial ownership interests and other ownership interests which are outstanding or exist on the Closing Date or any security or other instrument which by its terms is convertible into or exercisable or exchangeable for stock, shares, shareholder, partnership, membership or beneficial ownership interests or other ownership interests in BorrowerOperator, except as contemplated by this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

Issuance of Equity Interests. Issue or allow to be created any ---------------------------- stocks or shares or shareholder, partnership, membership or beneficial ownership interests, as applicable, or other ownership interests other than the stocks, shares, shareholder, partnership, membership, or beneficial ownership interests and other ownership interests which are outstanding or exist on the Closing Date or any security or other instrument which by its terms is convertible into or exercisable or exchangeable for stock, shares, shareholder, partnership, membership or beneficial ownership interests or other ownership interests in BorrowerOperator, except as contemplated by this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

Issuance of Equity Interests. Issue or allow to be created any ---------------------------- stocks or shares or shareholder, partnership, membership or beneficial ownership interests, as applicable, or other ownership interests other than the stocks, shares, shareholder, partnership, membership, or beneficial ownership interests and other ownership interests which are outstanding or exist on the Closing Date or any security or other instrument which by its terms is convertible into or exercisable or exchangeable for stock, shares, shareholder, partnership, membership or beneficial ownership interests or other ownership interests in BorrowerOperator, except as contemplated by this the First Mortgage Loan Agreement.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Brookdale Living Communities Inc)

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Issuance of Equity Interests. Issue or allow to be created any ---------------------------- stocks or shares or shareholder, partnership, membership or beneficial ownership interests, as applicable, or other ownership interests other than the stocks, shares, shareholder, partnership, membership, or beneficial ownership interests and other ownership interests which are outstanding or exist on the Closing Date or any security or other instrument which by its terms is convertible into or exercisable or exchangeable for stock, shares, shareholder, partnership, membership or beneficial ownership interests or other ownership interests in Borrower, except as contemplated by this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

Issuance of Equity Interests. Issue or allow to be created any ---------------------------- stocks or shares or shareholder, partnership, membership or beneficial ownership interests, as applicable, or other ownership interests other than the stocks, shares, shareholder, partnership, membership, or beneficial ownership interests and other ownership interests which are outstanding or exist on the Closing Date or any security or other instrument which by its terms is convertible into or exercisable or exchangeable for stock, shares, shareholder, partnership, membership or beneficial ownership interests or other ownership interests in Borrower, except as contemplated by this the First Mortgage Loan Agreement.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Brookdale Living Communities Inc)

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