SINGLE ASSET BORROWER. Until the debt evidenced by the Note is paid in full, Borrower shall not (1) acquire any real or personal property other than the Property and assets (such as accounts) related to the operation and maintenance of the Property, or (2) operate any business other than the management and operation of the Property.
Appears in 2 contracts
Samples: Rents and Security Agreement (Maxus Realty Trust Inc), Multifamily Instrument (Apartment Investment & Management Co)
SINGLE ASSET BORROWER. Until the debt evidenced by the Note is paid in full, Borrower shall not (1) acquire any real or personal property other than the Property and assets (such as accounts) related to the operation and maintenance of the Property, or (2) operate any business other than the management and operation of the Property.
Appears in 1 contract
Samples: Rents and Security Agreement (Maxus Realty Trust Inc)
SINGLE ASSET BORROWER. Until the debt evidenced by the Note is paid in full, Borrower shall not (1) acquire any real or personal property other than the Property and assets (such as accounts) related to the operation and maintenance of the Property, ; or (2) operate any business other than the management and operation of the Property.
Appears in 1 contract
Samples: Rents and Security Agreement (Capital Senior Living Corp)
