Senior Housing Asset located in the United States; Sample Clauses

Senior Housing Asset located in the United States;. If such Property is owned by the Borrower, (i) neither the Borrower’s beneficial ownership interest in such Property nor the Property is subject to any Lien (other than Permitted Liens and Liens in favor of the Administrative Agent and the Noteholders (but only to the extent the Obligations hereunder are simultaneously secured by such Liens on terms and provisions, including an intercreditor agreement, satisfactory to the Required Lenders)) or to any negative pledge, other than the negative pledge set forth herein or in the Note Purchase Agreement and (ii) the Borrower has the unilateral right to (x) sell, transfer or otherwise dispose of such Property and (y) to create a Lien on such Property as security for indebtedness of the Borrower (other than restrictions imposed by the negative pledge set forth herein or in the Note Purchase Agreement);
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Senior Housing Asset located in the United States;. Neither the Property nor the ownership interest is subject to any Lien (other than Permitted Liens or Liens in favor of the Borrower or a Material Subsidiary) or to any negative pledge;
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Related to Senior Housing Asset located in the United States;

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