Common use of Limitation on Securities Issuances Clause in Contracts

Limitation on Securities Issuances. Neither Borrower nor Mortgage Borrower shall issue any additional ownership interests or other securities other than those that have been issued as of the date hereof.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement, Mezzanine Loan Agreement (TNP Strategic Retail Trust, Inc.)

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Limitation on Securities Issuances. Neither Borrower nor Mortgage Borrower shall issue any additional ownership membership interests or other securities other than those that have been issued as of the date hereof.

Appears in 1 contract

Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.)

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Limitation on Securities Issuances. Neither Borrower nor Mortgage Borrower shall issue any additional ownership limited liability company interests, partnership interests, capital stock interests or other securities other than those that have been issued as of the date hereof.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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