Real Estate SPV definition
Examples of Real Estate SPV in a sentence
No Loan Party shall, or shall permit its Subsidiaries to, enter into any amendment, waiver or other modification of the Real Estate SPV Indenture or the Real Estate SPV Lease Agreement in any manner that is more restrictive to the Loan Parties or its Subsidiaries, or materially adverse to the Credit Parties, in all cases, without the prior written consent of the Agent.
No Real Estate SPV Entity will amend the Real Estate SPV Lease Agreement in any manner that is more restrictive to the Loan Parties or its Subsidiaries, or otherwise terminate the Real Estate SPV Lease, in each case, without the prior written consent of the Agent.
Without limitation of Section 7.5, Real Estate SPV shall not incur any Lien on its assets except Liens constituting Permitted Liens consistent with the limited operations and activities set forth in clause (b)(i) of the defined term “Excluded Subsidiary”.