Common use of Not Plan Assets Clause in Contracts

Not Plan Assets. The assets of neither Borrower nor any Guarantor constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a party, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 3 contracts

Samples: Term Loan Agreement (Security Capital Group Inc/), Credit Agreement (Security Capital Group Inc/), Credit Agreement (Security Capital Group Inc/)

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Not Plan Assets. The assets of neither Borrower nor or any Guarantor Subsidiary do not and will not constitute "plan assets" ,” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 3 contracts

Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

Not Plan Assets. The assets of neither Borrower nor any Guarantor do not and will not constitute "plan assets" ,” within the meaning of ERISA, the Internal Revenue Code IRC and the respective regulations promulgated thereunder. Assuming no Lender will use “plan assets” within the meaning of ERISA, of any ERISA Plan or Non-ERISA Plan. The the IRC and the respective regulations promulgated thereunder to make Loans to Borrower, the execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "non-exempt “prohibited transactions" under ERISA or the Internal Revenue CodeIRC.

Appears in 3 contracts

Samples: Loan and Security Agreement (Hercules Technology Growth Capital Inc), Loan and Security Agreement (Hercules Technology Growth Capital Inc), Loan and Security Agreement (Hercules Technology Growth Capital Inc)

Not Plan Assets. The assets of neither Borrower nor or any Guarantor Subsidiary do not and will not constitute "plan assets," within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

Not Plan Assets. The assets of neither the Borrower nor or any Guarantor Subsidiary do not and will not constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Captec Net Lease Realty Inc), Credit Agreement (Captec Net Lease Realty Inc)

Not Plan Assets. The Neither the assets of neither the Borrower nor any Guarantor constitute "constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (Regency Realty Corp), Credit Agreement (Regency Realty Corp)

Not Plan Assets. The respective assets of neither Borrower nor any Guarantor and each other Loan Party do not and will not constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amreit), Revolving Credit Agreement (Amreit)

Not Plan Assets. The assets of neither Borrower nor any Guarantor the Borrower, its Subsidiaries and the --------------- other Loan Party do not and will not constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Samples: Term Loan Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)

Not Plan Assets. The None of the assets of neither Borrower nor the Borrower, any Guarantor constitute "or RRG constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Regency Centers Corp)

Not Plan Assets. The assets of neither Borrower nor the Company or any Guarantor Subsidiary do not and will not constitute "plan assets," within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Not Plan Assets. The None of the assets of neither the Borrower nor or any Guarantor constitute "constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Regency Centers Corp)

Not Plan Assets. The assets of neither Borrower nor any Guarantor do not and will not constitute "plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Group Inc/)

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Not Plan Assets. The None of the assets of neither Borrower nor any Borrower, any Guarantor constitute "or any Development Affiliate Guarantor constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Regency Realty Corp)

Not Plan Assets. The assets of neither Borrower nor any Guarantor the Borrower, its Subsidiaries and the other Loan Party do not and will not constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Mgi Properties)

Not Plan Assets. The respective assets of neither Borrower nor any Guarantor and each other Loan Party do not and will not constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amreit)

Not Plan Assets. The assets of neither Borrower nor or any Guarantor Subsidiary do not and will not constitute "plan assets," within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and CREDIT AGREEMENT the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Not Plan Assets. The None of the assets of neither Borrower nor the Borrower, the Parent or any Guarantor other Subsidiary constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (CNL American Properties Fund Inc)

Not Plan Assets. The None of the assets of neither Borrower nor the Borrower, the Parent or --------------- any Guarantor other Subsidiary constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Samples: Credit Agreement (CNL American Properties Fund Inc)

Not Plan Assets. The assets of neither Borrower nor any Guarantor do not and will not constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.. -42-

Appears in 1 contract

Samples: Credit Agreement (Security Capital Group Inc/)

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