Common use of Prohibition on Additional Equity Interests and New Members or Partners Clause in Contracts

Prohibition on Additional Equity Interests and New Members or Partners. Prior to the Unsecured Conversion and solely limited to the Subsidiary Guarantors, (i) issue any additional Equity Interests (other than to the Borrower, CCIT II or another Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in such additional Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein), or (ii) admit any new member, partner or holder of any Equity Interest (other than to any Loan Party or Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in the resulting Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein).

Prohibition on Additional Equity Interests and New Members or Partners. Prior to the Unsecured Conversion and solely limited to the Subsidiary Guarantors, (i) issue any additional Equity Interests (other than to the Borrower, CCIT II CCPT V or another Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in such additional Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein), or (ii) admit any new member, partner or holder of any Equity Interest (other than to any Loan Party or Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in the resulting Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein).

Prohibition on Additional Equity Interests and New Members or Partners. Prior to the Unsecured Conversion and solely limited to the Subsidiary Guarantors, (i) issue any additional Equity Interests (other than to the Borrower, CCIT II or another Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in such additional Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein), or (ii) admit any new member, partner or holder of any Equity Interest (other than to any Loan Party or Wholly-Owned 91 Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in the resulting Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein).

Prohibition on Additional Equity Interests and New Members or Partners. Prior to the Unsecured Conversion and solely limited to the Subsidiary Guarantors, (i) issue any additional Equity Interests (other than to the Borrower, CCIT II CREIS or another Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in such additional Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein), or (ii) admit any new member, partner or holder of any Equity Interest (other than to any Loan Party or Wholly-Owned Subsidiary which has also pledged to Administrative Agent a first priority perfected security interest in the resulting Equity Interests by executing a Joinder Agreement and satisfying the conditions and requirements therein).