Common use of No Contractual Obligations Clause in Contracts

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other than the Loan Documents, the Borrower Operating Agreement and the Mortgage Borrower Operating Agreement, as of the date of this Agreement, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are bound, or has incurred any indebtedness (other than the Loan), and prior to the date of this Agreement, neither Borrower nor any of its Subsidiaries has entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness (other than the Loan or the Mortgage Loan (as applicable)).

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other Other than the Loan Documents, the Borrower Operating Agreement and the Mortgage Borrower Operating Company Agreement, the special member agreements, and any Interest Rate Cap Agreement entered into by Borrower in connection with the Loan, as of the date of this Agreement, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are bound, or has incurred any indebtedness (other than the Loan)Indebtedness, and prior to the date of this Agreement, Agreement neither Borrower nor any of its Subsidiaries Affiliates has entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness (other than the Loan or the Mortgage Loan (as applicable))Indebtedness.

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other Other than the Loan Documents, the Borrower Operating Agreement, the Senior Mezzanine Borrower Company Agreement, the Principal Company Agreement and the Mortgage Borrower Operating Company Agreement, (i) as of the date of this Agreementhereof, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are bound, or (ii) as of the date hereof, has not incurred any indebtedness (other than the Loan)Indebtedness prohibited by this Agreement, and (iii) prior to the date of this Agreementhereof, neither Borrower nor any of its Subsidiaries has not entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness (other than the Loan or the Mortgage Loan (as applicable))Indebtedness prohibited by this Agreement.

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other Other than the Loan Documents, the Borrower Operating Agreement Documents and the Mortgage Borrower Operating Agreement, as of the date of this Agreement, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are boundbound (other than certain service agreements entered into by Borrower and its Independent Directors prior to the Closing Date and such agreements, instruments or undertakings that are not material in the aggregate and are immaterial to its activities as a general partner or member of Mortgage Borrower), or has incurred any indebtedness (other than the Loan)Indebtedness, and prior to the date of this Agreement, neither Borrower nor any of its Subsidiaries has not entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness (other than the Loan or the Mortgage Loan (as applicable))Indebtedness.

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other Other than the Loan Documents, the Mortgage Loan Documents, the Borrower Operating Agreement and the Mortgage Borrower Operating Company Agreement, as of the date of this Agreement, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are bound, or has incurred any indebtedness (other than the Loan)Indebtedness, and prior to the date of this Agreement, Agreement neither Borrower nor any of its Subsidiaries has entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness (other than the Loan or the Mortgage Loan (as applicable))Indebtedness.

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other Other than the Loan Documents, the Borrower Operating Agreement and the Mortgage Borrower Operating Agreement, as of the date of this Agreement, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are bound, or and has not incurred any indebtedness debt, secured or unsecured, direct or contingent (other than the Loanincluding, without limitation, guaranteeing any obligation), and prior to the date of this Agreement, Agreement neither Borrower nor any of its Subsidiaries has entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness debt, secured or unsecured, direct or contingent (other than the Loan or the Mortgage Loan (as applicable)including, without limitation, guaranteeing any obligation).

No Contractual Obligations. Except in connection with its activities as the sole member of Mortgage Borrower and other Other than the Loan Documents, the Borrower Operating Agreement, the Principal Company Agreement and the Mortgage Borrower Operating Company Agreement, (i) as of the date of this Agreementhereof, Borrower is not subject to any Contractual Obligations and has not entered into any agreement, instrument or undertaking by which it or its assets are bound, or (ii) as of the date hereof, has not incurred any indebtedness (other than the Loan)Indebtedness prohibited by this Agreement, and (iii) prior to the date of this Agreementhereof, neither Borrower nor any of its Subsidiaries has not entered into any Contractual Obligation, or any agreement, instrument or undertaking by which it or its assets are bound or incurred any indebtedness (other than the Loan or the Mortgage Loan (as applicable))Indebtedness prohibited by this Agreement.