Common use of Limitation on Securities Issuances Clause in Contracts

Limitation on Securities Issuances. Borrower shall not issue any membership interests or other securities other than those that have been issued as of the date hereof.

Appears in 4 contracts

Samples: Mezzanine D Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine B Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine C Loan Agreement (Ashford Hospitality Trust Inc)

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Limitation on Securities Issuances. Borrower shall not and shall not permit Mortgage Borrower or Operating Lessee to issue any membership interests or other securities other than those that have been issued as of the date hereof.

Appears in 4 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

Limitation on Securities Issuances. Borrower shall not issue any limited liability membership interests or other securities other than those that have been issued as of the date hereof.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (CNL Healthcare Trust, Inc.), Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Mezzanine Loan Agreement (Felcor Lodging Trust Inc)

Limitation on Securities Issuances. None of Borrower or Owner shall not issue any membership interests or other securities other than those that have been issued as of the date hereof.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (OVERSTOCK.COM, Inc), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Limitation on Securities Issuances. Borrower shall not and shall not permit Mortgage Borrower or Operating Lessee issue any membership interests or other securities other than those that have been issued as of the date hereof.

Appears in 2 contracts

Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

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Limitation on Securities Issuances. Borrower shall not issue any membership limited liability company interests or other securities other than those that have been issued as of the date hereof.

Appears in 2 contracts

Samples: Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)

Limitation on Securities Issuances. Borrower shall not issue any membership interests or other securities evidencing an interest in Mortgage Borrower other than those that have been issued as of the date hereof.

Appears in 1 contract

Samples: Management Agreement (Piedmont Office Realty Trust, Inc.)

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