Common use of Bankruptcy Remote Entities Clause in Contracts

Bankruptcy Remote Entities. At Landlord's request, Tenant shall make such amendments, modifications or other changes to its charter documents and governing bodies (including, without limitation, Tenant's board of directors), and take such other action, as may from time to time be necessary to qualify Tenant as a "bankruptcy remote entity," provided that Landlord shall reimburse Tenant for all costs and expenses reasonably incurred by Tenant in connection with the making of such amendments or modifications.

Appears in 3 contracts

Samples: Master Lease Agreement (Senior Housing Properties Trust), Lease Agreement (Brookdale Senior Living Inc.), Master Lease Agreement (Senior Housing Properties Trust)

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Bankruptcy Remote Entities. At Landlord's request, Tenant shall make such amendments, modifications or other changes to its charter documents and governing bodies (including, without limitation, Tenant's board of directors), and take such other actionactions, as may from time to time be necessary to qualify Tenant as a "bankruptcy remote entity," provided that ", PROVIDED THAT Landlord shall reimburse Tenant for all costs and expenses reasonably incurred by Tenant in connection with the making of such amendments or modifications.

Appears in 3 contracts

Samples: Lease Agreement (Travelcenters of America LLC), Lease Agreement (Travelcenters of America LLC), Lease Agreement (Five Star Quality Care Inc)

Bankruptcy Remote Entities. At Landlord's ’s request, Tenant shall make such amendments, modifications or other changes to its charter documents and governing bodies (including, without limitation, Tenant's ’s board of directors), and take such other actionactions, as may from time to time be necessary to qualify Tenant as a "bankruptcy remote entity," provided that ”, PROVIDED THAT Landlord shall reimburse Tenant for all costs and expenses reasonably incurred by Tenant in connection with the making of such amendments or modifications.

Appears in 2 contracts

Samples: Lease Agreement (Travelcenters of America LLC), Lease Agreement (Hospitality Properties Trust)

Bankruptcy Remote Entities. At Landlord's request, Tenant shall make such amendments, modifications or other changes to its charter documents and governing bodies (including, without limitation, Tenant's board of directors), and take such other actionactions, as may from time to time be necessary to qualify Tenant as a "bankruptcy remote entity," provided that PROVIDED THAT Landlord shall reimburse Tenant for all costs and expenses reasonably incurred by Tenant in connection with the making of such amendments or modifications.

Appears in 2 contracts

Samples: Lease Agreement (Five Star Quality Care Inc), Lease Agreement (Five Star Quality Care Inc)

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Bankruptcy Remote Entities. At Landlord's request, Tenant shall make such amendments, modifications or other changes to its charter documents and governing bodies (including, without limitation, Tenant's board of directors), and take such other action, as may from time to time be necessary to qualify Tenant as a "bankruptcy remote entity," provided that PROVIDED THAT Landlord shall reimburse Tenant for all costs and expenses reasonably incurred by Tenant in connection with the making of such amendments or modifications.

Appears in 1 contract

Samples: Master Lease Agreement (Five Star Quality Care Inc)

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