Merger, Consolidation, Sale of Assets. Borrower shall not merge into or consolidate with any corporation or other entity, or sell, lease, assign, transfer or otherwise dispose of all or substantially all of its assets other than in the ordinary course of business.
Appears in 3 contracts
Samples: Loan Agreement (KBS Legacy Partners Apartment REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Secured Loan Agreement (Price Legacy Corp)
Merger, Consolidation, Sale of Assets. Borrower shall not merge into or consolidate with any corporation or other entity, or sell, lease, assign, transfer or otherwise dispose of all or substantially all of its assets other than in the ordinary course of businessbusiness or as expressly permitted under the Mortgage Loan Documents.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
