Common use of Qualifying Unencumbered Properties Clause in Contracts

Qualifying Unencumbered Properties. As of the date hereof, each Property listed on Schedule 1.1 as a Qualifying Unencumbered Property (i) is a wholly-owned or ground leased (directly or beneficially) by Borrower, a Financing Partnership or a Joint Venture Subsidiary, (ii) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by Borrower, General Partner or any Joint Venture Parent subject) to a Lien which secures Indebtedness of any Person, other than Permitted Liens, and (iii) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by Borrower, General Partner or Joint Venture Parent subject) to any Negative Pledge. All of the information set forth on Schedule 1.1 is true and correct in all material respects.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Corp)

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Qualifying Unencumbered Properties. As of the date hereof, each Property listed on Schedule 1.1 1.1(b) as a Qualifying Unencumbered Property (i) is a wholly-owned or ground leased (directly or beneficially) by BorrowerAMB LP, a Financing Partnership or a Joint Venture Subsidiary, (ii) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by Borrower, General Partner the Guarantors or any Joint Venture Parent subject) to a Lien which secures Indebtedness of any Person, other than Permitted Liens, and (iii) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by Borrower, General Partner the Guarantors or Joint Venture Parent subject) to any Negative Pledge. All of the information set forth on Schedule 1.1 1.1(b) is true and correct in all material respects.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amb Property Lp), Credit Facility Agreement (Amb Property Corp)

Qualifying Unencumbered Properties. As of the date hereof, each Property listed on Schedule 1.1 as a Qualifying Unencumbered Property (i) is a wholly-wholly- owned or ground leased (directly or beneficially) by Borrower, a Financing Partnership or a Joint Venture Subsidiary, (ii) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by Borrower, General Partner or any Joint Venture Parent subject) to a Lien which secures Indebtedness of any Person, other than Permitted Liens, and (iii) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by Borrower, General Partner or Joint Venture Parent subject) to any Negative Pledgecovenant, condition, or other restriction which prohibits or limits the creation or assumption of any Lien upon such Property. All of the information set forth on Schedule 1.1 is true and correct in all material respects.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amb Property Lp)

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Qualifying Unencumbered Properties. As of the date hereof, each Property listed on Schedule 1.1 as a Qualifying Unencumbered Property Property: (ia) is a wholly-owned or ground leased (directly or beneficially) by BorrowerAMB LP, a Financing Partnership or a Joint Venture Subsidiary, ; (iib) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by BorrowerAMB LP, General Partner AMB or any Joint Venture Parent subject) to a Lien which secures Indebtedness of any Person, other than Permitted Liens, ; and (iiic) is not subject (nor are any equity interests in such Property that are owned directly or indirectly by BorrowerAMB LP, General Partner AMB or Joint Venture Parent subject) to any Negative Pledge. All of the information set forth on Schedule 1.1 is true and correct in all material respects.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amb Property Corp)

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