Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower in any Real Estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 10 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Ownership of Real Estate. Without the prior written consent of AgentAgent (which consent shall not be unreasonably withheld, conditioned or delayed), all Real Estate and all interests (whether direct or indirect) of Borrower or REIT or the Borrower Guarantor in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 10 contracts
Samples: Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT, Inc.)
Ownership of Real Estate. Without the prior written consent of the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower in any Real Estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Wholly-Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Wholly-Owned Subsidiaries and Unconsolidated Affiliates of the Borrower as permitted by §8.38.3(l).
Appears in 7 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Senior Secured Credit Agreement (Healthcare Trust, Inc.), Credit Agreement (Global Net Lease, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent, all Eligible Real Estate Assets and all interests (whether direct or indirect) of Parent Borrower or REIT or the Borrower in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.38.3(m).
Appears in 5 contracts
Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)
Ownership of Real Estate. Without the prior written consent of the Agent, all Real Estate and all interests (whether direct or indirect) of REIT REIT, General Partner or the Borrower in any Real Estate assets or other assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Wholly-Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through nonnon‑Wholly-Wholly Owned Subsidiaries and Unconsolidated Affiliates of the Borrower as permitted by §8.38.3(l).
Appears in 3 contracts
Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ REIT, Inc.)
Ownership of Real Estate. Without the prior written consent of the Agent, all Eligible Real Estate Assets and all interests (whether direct or indirect) of Borrower or REIT or the Borrower in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3§ 8.3(m).
Appears in 3 contracts
Samples: Term Loan Agreement (CoreSite Realty Corp), Term Loan Agreement (CoreSite Realty Corp), Term Loan Agreement (CoreSite Realty Corp)
Ownership of Real Estate. Without the prior written consent of the Agent, all Real Estate and all interests (whether direct or indirect) of REIT REIT, General Partner or the Borrower in any Real Estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Wholly-Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Wholly-Owned Subsidiaries and Unconsolidated Affiliates of the Borrower as permitted by §8.38.3(l).
Appears in 2 contracts
Samples: Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of REIT Parent Borrower or the Borrower Guarantor in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 2 contracts
Samples: Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.)
Ownership of Real Estate. Without the prior written consent of the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower in any Real Estate Estate, Mortgage Loan or Other Loan assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Wholly-Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate Estate, Mortgage Loans or Other Loans through non-Wholly Wholly-Owned Subsidiaries and Unconsolidated Affiliates of the Borrower as permitted by §8.38.3(l).
Appears in 2 contracts
Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower in any Real Estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by REIT, the Borrower or a Wholly Owned Subsidiary of the Borrower; provided, however that REIT and the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 2 contracts
Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc)
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT or the Borrower Guarantor in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the REIT Guarantor and Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 1 contract
Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)
Ownership of Real Estate. Without the prior written consent of the Agent, all Eligible Real Estate Assets and all interests (whether direct or indirect) of Parent Borrower or REIT or the Borrower in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3§ 8.3(m).
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of REIT REIT, CVOP I or the Borrower in any Real Estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower Borrower, CVOP I or a Wholly Owned Subsidiary of the BorrowerBorrower or CVOP I; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 1 contract
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of REIT Parent Borrower or the Borrower Guarantor in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the Guarantor and Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 1 contract
Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT or the Borrower in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3.
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT or the Borrower in any Real Estate real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Parent Borrower or a Wholly Owned Subsidiary of the Parent Borrower; provided, however that the Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates of Borrower as permitted by §8.3. §7.17 [Intentionally Omitted].
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower in any Real Estate Estate, Mortgage Loan or Other Loan assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by the Borrower or a Wholly Wholly-Owned Subsidiary of the Borrower; provided, however that the Borrower shall be permitted to own or lease interests in Real Estate Estate, Mortgage Loans or Other Loans through nonnon‑Wholly-Wholly Owned Subsidiaries and Unconsolidated Affiliates of the Borrower as permitted by §8.38.3(l).
Appears in 1 contract