Limitation on Indebtedness and Guarantees. Except pursuant to the Consent and Assignment or as otherwise expressly provided herein, Tenant shall not (i) incur, create or assume any Indebtedness of any kind; or (ii) guarantee or have any consensual contingent obligation for the obligations of any other Person; provided that, so long as no Event of Default has occurred and is continuing, Tenant may incur, create or assume any Permitted Debt (as defined below). As used herein, "
Appears in 4 contracts
Samples: Lease Agreement (Host Marriott Corp/), Lease Agreement (Crestline Capital Corp), Lease Agreement (Host Marriott L P)
Limitation on Indebtedness and Guarantees. Except pursuant to the Consent and Assignment or as otherwise expressly provided herein, Tenant shall not (i) incur, create or assume any Indebtedness of any kind; or (ii) guarantee or have any consensual contingent obligation for the obligations of any other Person; provided that, so long as no Event of Default has occurred and is continuing, Tenant may incur, create or assume any Permitted Debt (as defined below). As used herein, ",
Appears in 1 contract
Samples: Lease Agreement (HMC Merger Corp)
