Limitation on Securities Issuances. Neither Borrower nor any of its Subsidiaries shall issue any membership or partnership interests or other securities, other than those that have been issued and pledged to Lender as of the Closing Date.
Appears in 4 contracts
Samples: Letter Agreement (Ashford Hospitality Trust Inc), Management Agreement (Ashford Hospitality Trust Inc), Letter Agreement (Ashford Hospitality Trust Inc)