Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed), all Real Estate and all interests (whether direct or indirect) of Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Borrower or a Wholly Owned Subsidiary of Borrower; provided, however that Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3.
Appears in 10 contracts
Samples: Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 (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 Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 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 (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Eligible Real Estate Assets and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates 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 Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT, General Partner or the Borrower or REIT Guarantor in any real estate 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 Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT Guarantor in any real estate 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 non-Wholly Wholly-Owned Subsidiaries and Subsidiaries, Unconsolidated Affiliates and DSTs of the Borrower as permitted by §8.38.3(k).
Appears in 3 contracts
Samples: Credit Agreement (Four Springs Capital Trust), Term Loan Agreement (Four Springs Capital Trust), Credit Agreement (Four Springs Capital Trust)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Eligible Real Estate Assets and all interests (whether direct or indirect) of Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Borrower or a Wholly Owned Subsidiary of Borrower; provided, however that Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates 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 Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 TRS or a Wholly Wholly-Owned Subsidiary of Borrowerthe Borrower or TRS; 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(m).
Appears in 2 contracts
Samples: Credit Agreement (Condor Hospitality Trust, Inc.), Credit Agreement (Condor Hospitality Trust, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates 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 Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT, General Partner or the Borrower or REIT 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 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 (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT Guarantor in any real estate Real 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 (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 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 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 (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.38.3(m). §7.17 [Intentionally Omitted].
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3. §7.17 [Intentionally Omitted].
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3.
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Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of the Borrower or REIT Guarantor the Pledgor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Borrower the Pledgor or a Wholly Owned Subsidiary of Borrowerthe Pledgor; provided, however that Borrower the Pledgor shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3.
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 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 1 contract
Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Borrower or REIT Guarantor any Credit Party in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Borrower or a Wholly Owned Subsidiary of Borrower; provided, however that Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3.
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Guarantor and Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates 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 (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT Guarantor in any real estate assets such Real Estate 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 as permitted by §8.3.
Appears in 1 contract
Samples: Credit Agreement (Pacific Office Properties Trust, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of the REIT, General Partner or the Borrower or REIT Guarantor in any real estate 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 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 the Borrower as permitted by §8.38.3(l).
Appears in 1 contract
Samples: Credit Agreement (Monogram Residential Trust, Inc.)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Borrower or REIT Guarantor 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 Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.38.3(b).
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Borrower Guarantor or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Borrower Guarantor or a Wholly Owned Subsidiary of BorrowerGuarantor; provided, however that Borrower Guarantor shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates and may dispose of such interests as permitted by §8.38.8.
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT, General Partner or the Borrower or REIT 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 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 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Eligible Real Estate Assets and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3§ 8.3(m).
Appears in 1 contract
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 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-non Wholly Owned Subsidiaries and Unconsolidated Affiliates as permitted by §8.3of Borrower.
Appears in 1 contract
Samples: Credit Agreement (Tier Reit Inc)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of REIT, CVOP I or the Borrower or REIT 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 Borrower the Borrower, CVOP I or a Wholly Owned Subsidiary of Borrowerthe Borrower 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 (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of the REIT or the Borrower or REIT Guarantor in any real estate 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 non-Wholly Wholly-Owned Subsidiaries and Unconsolidated Affiliates of the Borrower as permitted by §8.38.3(l).
Appears in 1 contract
Samples: Credit Agreement (Modiv Inc.)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of Parent Borrower or REIT Guarantor in any real estate assets now owned or leased or acquired or leased after the date hereof shall be owned or leased directly by Parent Borrower or a Wholly Owned Subsidiary of Parent Borrower; provided, however that REIT Guarantor and Parent Borrower shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Affiliates 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 (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 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 1 contract
Samples: Senior Unsecured Credit Agreement (American Realty Capital Healthcare Trust Inc)
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)the Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT Guarantor in any real estate Real 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
Ownership of Real Estate. Without the prior written consent of Agent (which consent shall not be unreasonably withheld, conditioned or delayed)Agent, all Real Estate and all interests (whether direct or indirect) of REIT or the Borrower or REIT 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 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 as permitted by §8.3of Borrower.
Appears in 1 contract