No Guaranties. Tenant 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 or guaranties that will not cause Tenant to be in violation of Section 15.7.
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Samples: Lease Agreement (Alterra Healthcare Corp), Lease Agreement (Alterra Healthcare Corp), Master Lease Agreement (Brookdale Senior Living Inc.)
No Guaranties. Except for the Obligor Group Obligations, Tenant shall not create, incur, assume, or permit to exist any guarantee of any loan or other indebtedness with respect to the Leased Property except for the endorsement of negotiable instruments for collection in the ordinary course of business or guaranties that will not cause Tenant to be in violation of Section 15.7business.
Appears in 2 contracts
Samples: Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\)
No Guaranties. Tenant 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 or guaranties that will not cause Tenant to be in violation of Section §15.7.
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No Guaranties. Tenant 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 or guaranties guarantees that will not cause Tenant to be in violation of Section 15.7.
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No Guaranties. Tenant 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 Properties except for the endorsement of negotiable instruments for collection in the ordinary course of business or guaranties that will not cause Tenant to be in violation of Section 15.7business.
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No Guaranties. Tenant shall not create, incur, assume, or ------------- permit to exist any guarantee of any loan or other indebtedness except for [i] the endorsement of negotiable instruments for collection in the ordinary course of business or guaranties that will not cause Tenant to be in violation business; and [ii] guarantee of Section 15.7the indebtedness permitted under (S)14.1.
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Samples: Lease Agreement (Just Like Home Inc)
No Guaranties. Tenant 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 Properties except for the endorsement of negotiable instruments for collection in the ordinary course of business or guaranties that will not cause Tenant to be in violation of Section 15.7business.
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