No Other Operations. As of the applicable Closing Date, no Company or any Purchased Subsidiary will (a) own or hold any assets, other than the Owned Real Property, Leased Real Property, interests in Subsidiaries or pursuant to any Material Contract, or (b) conduct any business, other than as set forth in the immediately preceding clause (a), the operation of the Real Property, the Leased Real Property or otherwise pursuant to any Material Contract.
Appears in 4 contracts
Samples: Equity Interest Purchase Agreement (American Realty Capital Trust V, Inc.), Equity Interest Purchase Agreement (American Realty Capital Healthcare Trust Inc), Equity Interest Purchase Agreement (American Realty Capital Properties, Inc.)