Common use of Obligations with Respect to Loan Parties and Subsidiaries Clause in Contracts

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Borrower may have that the Borrower does not control such Loan Parties or Subsidiaries.

Appears in 71 contracts

Samples: Term Loan Agreement (Spirit Realty Capital, Inc.), Term Loan Agreement (Realty Income Corp), Term Loan Agreement (Spirit Realty Capital, Inc.)

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Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Parent and the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties or Subsidiaries.

Appears in 14 contracts

Samples: Term Loan Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.), Revolving Credit and Term Loan Agreement (Broadstone Net Lease, Inc.)

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Parent and the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties or and Subsidiaries.

Appears in 6 contracts

Samples: Assignment and Assumption Agreement (Parkway, Inc.), Term Loan Agreement (Parkway Properties Inc), Assignment and Assumption Agreement (Parkway Properties Inc)

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Parent and/or the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Parent or the Borrower may have that the Parent and/or the Borrower does not control such Loan Parties or Subsidiaries.

Appears in 6 contracts

Samples: Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent, L.P.)

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Parent or the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties or Subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement (VEREIT Operating Partnership, L.P.), Credit Agreement (Tier Reit Inc), Credit Agreement (Tier Reit Inc)

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Parent and the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties or Subsidiaries.. ​ ​

Appears in 1 contract

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.)

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Obligations with Respect to Loan Parties and Subsidiaries. NAI-1502661059v7 126 The obligations of the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Borrower may have that the Borrower does not control such Loan Parties or Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (LGI Homes, Inc.)

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Borrower may have that the Borrower does not control such Loan Parties or Subsidiaries. Section 12.15.

Appears in 1 contract

Samples: Credit Agreement (Washington Real Estate Investment Trust)

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the any Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the such Borrower may have that the such Borrower does not control such Loan Parties or Subsidiaries.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Sl Green Operating Partnership, L.P.)

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