Common use of Recourse Indebtedness Clause in Contracts

Recourse Indebtedness. As of any date of determination, any Indebtedness (whether secured or unsecured) which is recourse to REIT, the Borrower or any of their respective Subsidiaries. Recourse Indebtedness shall not include Non-Recourse Indebtedness, but shall include any Non-Recourse Exclusions at such time a written claim is made with respect thereto. Register. See §18.2. REIT. Xxxxxx Validus Mission Critical REIT, Inc. a Maryland corporation. REIT Status. With respect to a Person, its status as a real estate investment trust as defined in §856(a) of the Code.

Recourse Indebtedness. As of any date of determination, any Indebtedness (whether secured or unsecured) which is recourse to REIT, the Borrower REIT or any of their respective its Subsidiaries. Recourse Indebtedness shall not include Non-Recourse Indebtedness, but shall include any Non-Recourse Exclusions at such time a written claim is made with respect thereto. Register. See §18.2. Rehab. Rehabilitation hospital. REIT. Xxxxxx Validus Mission Critical REITAmerican Realty Capital Healthcare Trust, Inc. Inc., a Maryland corporation. REIT Status. With respect to a Person, its status as a real estate investment trust as defined in §Section 856(a) of the Code.

Recourse Indebtedness. As of any date of determination, any Indebtedness (whether secured or unsecured) which is recourse to REIT, the Borrower or any of their respective Subsidiaries. Recourse Indebtedness shall not include Non-Recourse Indebtedness, but shall include any Non-Recourse Exclusions at such time a written claim is made with respect thereto. Register. See §18.2. REIT. Xxxxxx Validus Mission Critical REITREIT II, Inc. a Maryland corporation. REIT Status. With respect to a Person, its status as a real estate investment trust as defined in §856(a) of the Code.