Common use of Ownership of Real Estate Clause in Contracts

Ownership of Real Estate. Without the prior written consent of the Required Lenders, all Real Estate and all interests (whether direct or indirect) of the Borrower or REIT in any real estate acquired or leased after the date hereof shall be owned or leased directly by the REIT, Borrower or a Wholly Owned Subsidiary of the Borrower or REIT; provided, however that the Borrower and REIT shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Entities as permitted by §8.3 and may dispose of such interests as permitted by §8.8.

Ownership of Real Estate. Without the prior written consent of the Required LendersAgent, all Real Estate and all interests (whether direct or indirect) of the Borrower or REIT 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 REIT, Borrower or a Wholly Owned Subsidiary of the Borrower or REITBorrower; provided, however that the Borrower and REIT shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Entities Affiliates as permitted by §8.3 and may dispose of such interests as permitted by §8.8.

Ownership of Real Estate. Without the prior written consent of the Required LendersAgent, all Real Estate and all interests (whether direct or indirect) of the Borrower or REIT 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 REIT, Borrower or a Wholly Owned Subsidiary of the Borrower or REITBorrower; provided, however that the Borrower and REIT shall be permitted to own or lease interests in Real Estate through non-Wholly non‑Wholly Owned Subsidiaries and Unconsolidated Entities Affiliates as permitted by §8.3 and may dispose of such interests as permitted by §8.8.

Ownership of Real Estate. Without the prior written consent of the Required Lenders, all Real Estate and all interests (whether direct or indirect) of the Borrower or REIT in any real estate acquired or leased after the date hereof shall be owned or leased directly by the REIT, Borrower or a Wholly Owned Subsidiary of the Borrower or of REIT; provided, however that the Borrower and REIT shall be permitted to own or lease interests in Real Estate through non-Wholly Owned Subsidiaries and Unconsolidated Entities as permitted by §8.3 and may dispose of such interests as permitted by §8.8.