Limitation on Sales and Leasebacks. Enter into any arrangement with any Person providing for the leasing by the REIT, the Borrower or any Subsidiary of real or personal property which has been or is to be sold or transferred by the REIT, the Borrower or such Subsidiary to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of the REIT, the Borrower or such Subsidiary.
Appears in 9 contracts
Samples: Term Loan Credit Agreement (Chatham Lodging Trust), Amended and Restated Credit Agreement (Chatham Lodging Trust), Amendment and Restatement Agreement (Chatham Lodging Trust)
Limitation on Sales and Leasebacks. Enter into any arrangement with any Person providing for the leasing by the REIT, the Borrower or any Subsidiary of real or personal property Property which has been or is to be sold or transferred by the REIT, the Borrower or such Subsidiary to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property Property or rental obligations of the REIT, the Borrower or such Subsidiary.
Appears in 1 contract
Samples: Interim Term Loan Agreement (Apartment Investment & Management Co)
