No Guaranties. Tenant and Subtenant shall not create, incur, assume, or permit to exist any guarantee of any loan or other indebtedness except for the endorsement of negotiable instruments for collection in the ordinary course of business.
Appears in 4 contracts
Samples: Master Lease Agreement (Capital Senior Living Corp), Master Lease Agreement (Tandem Health Care, Inc.), Master Lease Agreement (Emeritus Corp\wa\)
No Guaranties. Tenant and Subtenant shall not create, incur, assume, or permit to exist any guarantee of any loan or other indebtedness except for the endorsement of negotiable instruments for collection in the ordinary course of business.
Appears in 3 contracts
Samples: Lease Agreement (Balanced Care Corp), Master Lease Agreement (Balanced Care Corp), Hcri Lease Agreement (Balanced Care Corp)
No Guaranties. Tenant and Subtenant shall not create, incur, assume, or permit to exist any guarantee by Tenant or any Subtenant of any loan or other indebtedness except for the endorsement of negotiable instruments for collection in the ordinary course of business.
Appears in 2 contracts
Samples: Master Lease Agreement (Genesis Healthcare, Inc.), Master Lease Agreement (Genesis Healthcare, Inc.)
No Guaranties. Tenant and Subtenant shall not create, incur, assume, or permit to exist any guarantee of any loan or other indebtedness with respect to the operation of the Leased Property except for the endorsement of negotiable instruments for collection in the ordinary course of business.
Appears in 1 contract
