Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Property.
Appears in 8 contracts
Samples: Leases and Security Agreement (Cole Credit Property Trust III, Inc.), Mortgage and Absolute Assignment of Rents and Leases and Security Agreement (Cole Credit Property Trust III, Inc.), And Security Agreement (Cole Credit Property Trust III, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a Transfer which is expressly permitted under the Notethis Agreement; (B) a Lease which is permitted under Article 3the terms of the Loan Documents; and (C) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 4 contracts
Samples: Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Dividend Capital Total Realty Trust Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property TransferTransfer and are expressly permitted: (A) a Transfer which is expressly permitted under the Note; and (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Property4.
Appears in 3 contracts
Samples: Mezzanine Loan Agreement, Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust II, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Transfer which is expressly permitted under the Notethis Agreement; (Bii) a Lease which is permitted under Article 3the terms of the Loan Documents; and (Ciii) the sale or other disposal of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 2 contracts
Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Strategic Hotels & Resorts, Inc)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Transfer which is expressly permitted under the Notethis Agreement; (Bii) a Lease which is permitted under Article 3the terms of the Loan Documents; and (Ciii) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 2 contracts
Samples: Loan Agreement (KBS Strategic Opportunity REIT II, Inc.), Loan Agreement (Hudson Pacific Properties, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property TransferTransfer and are expressly permitted: (A) a Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a Transfer which is expressly permitted under this Agreement, the NoteNote or other Loan Documents; (B) any transfer or assignment by Tenant or by any direct or indirect beneficial owner in Tenant, or any sublease, in each case to the extent permitted by the Master Lease, (C) a Lease lease which is permitted under Article 3the Mortgages; and (CD) the sale of inventory in the ordinary course of the business at the Property.
Appears in 1 contract
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a DEED OF TRUST (VIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan Xx. 00-00000000/Xxxxx Xx. 000 Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Property.
Appears in 1 contract
Samples: Leases and Security Agreement (Cole Credit Property Trust III, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a DEED OF TRUST (VIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan No. 02-62113730/Store No. 560 Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Property.
Appears in 1 contract
Samples: Leases and Security Agreement (Cole Credit Property Trust III, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Transfer which is expressly permitted under the Notethis Agreement; (Bii) a Lease lease which is permitted under Article 3the terms of the Loan Documents; and (Ciii) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Samples: Loan Agreement (KBS Strategic Opportunity REIT II, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Transfer which is expressly permitted under the Notethis Agreement; and (Bii) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course terms of the business at the PropertyLoan Documents.
Appears in 1 contract
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Permitted Transfer or other Transfer, which is expressly permitted under the Notethis Agreement; (Bii) a Lease which is permitted under Article 3the terms of the Loan Documents; and (Ciii) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a DEED OF TRUST (VIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan No. 02-62113748/Store No. 568 Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Property.
Appears in 1 contract
Samples: Leases and Security Agreement (Cole Credit Property Trust III, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Transfer which is expressly permitted under the Notethis Agreement; (B) a Lease which is permitted under Article 3the terms of the Loan Documents; and (Cii) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property TransferTransfer and are expressly permitted: (A) a Transfer which is expressly permitted under the NoteNote or under this Deed of Trust; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (A) a DEED OF TRUST (VIRGINIA) Xxxxx Fargo/Xxxx Properties/Cracker Barrel Loan No. 00-00000000/Xxxxx Xx. 000 Transfer which is expressly permitted under the Note; (B) a Lease which is permitted under Article 3; and (C) the sale of inventory in the ordinary course of the business at the Property.
Appears in 1 contract
Samples: Leases and Security Agreement (Cole Credit Property Trust III, Inc.)
Permitted Property Transfers. Notwithstanding the foregoing, none of the following Transfers shall be deemed to be a Prohibited Property Transfer: (Ai) a Permitted Transfer or other Transfer, which is expressly permitted under the Notethis Agreement (including pursuant to Section 2.12 above); (Bii) a Lease which is permitted under Article 3the terms of the Loan Documents; and (Ciii) the sale of inventory in the ordinary course of the business at the Propertybusiness.
Appears in 1 contract
Samples: Construction Loan Agreement (DC Industrial Liquidating Trust)
