Non-Recourse Indebtedness. Indebtedness of the Borrower or a Subsidiary which is secured by one or more parcels of Real Estate and related personal property or interests therein and Short-term Investments and is not a general obligation of the Borrower or any Subsidiary, the holder of such Indebtedness having recourse solely to the parcels of Real Estate securing such Indebtedness, the improvements and leases thereon and the rents and profits thereof and the Short-term Investments securing such Indebtedness.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Crescent Real Estate Equities Co), Revolving Credit Agreement (Crescent Real Estate Equities Inc), Revolving Credit Agreement (Crescent Real Estate Equities Co)
Non-Recourse Indebtedness. Indebtedness of the Borrower or a Subsidiary Person which is secured solely by one or more parcels of Real Estate and related personal property or interests therein and Short-term Investments and is not a general obligation of the Borrower or any Subsidiarysuch Person, the holder of such Indebtedness having recourse solely to the parcels of Real Estate securing such Indebtedness, the improvements Building and any leases thereon and the rents and profits thereof and the Shortthereof. Non-term Investments securing such IndebtednessConsenting Bank. See §18.9.
Appears in 3 contracts
Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)
Non-Recourse Indebtedness. Indebtedness of the Borrower or a any Subsidiary which is secured by one or more parcels of Real Estate and related personal property or interests therein and Short-term Investments and is not a general obligation of the Borrower or any Subsidiary, the holder of such Indebtedness having recourse solely to the parcels of Real Estate securing such Indebtedness, the improvements thereon, related personal property and leases thereon thereon, and the rents and profits thereof and the Short-term Investments securing such Indebtedness.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Meridian Industrial Trust Inc), Revolving Credit Agreement (Meridian Industrial Trust Inc)
Non-Recourse Indebtedness. Indebtedness of the Borrower or a Subsidiary Person which is secured solely by one or more parcels of Real Estate (other than Xxxxx Xxxxx Center or a Mortgaged Property under the Secured Credit Agreement) and related personal property or interests therein and Short-term Investments and is not a general obligation of the Borrower or any Subsidiarysuch Person, the holder of such Indebtedness having recourse solely to the parcels of Real Estate securing such Indebtedness, the improvements Building and any leases thereon and the rents and profits thereof and the Short-term Investments securing such Indebtednessthereof.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)
Non-Recourse Indebtedness. Indebtedness of the Borrower or a any Subsidiary which is secured by one or more parcels of Real Estate and related personal property or interests therein and Short-term Investments and is not a general obligation of the Borrower or any Subsidiary, the holder of such Indebtedness having recourse solely to the parcels of Real Estate securing such Indebtedness, the improvements thereon, related personal property and leases thereon thereon, and the rents and profits thereof and the Short-term Investments securing such Indebtedness. NOTES. See Section 2.4.
Appears in 1 contract
Samples: Revolving Credit Agreement (Meridian Industrial Trust Inc)
