Common use of Capital Transaction Clause in Contracts

Capital Transaction. The term “Capital Transaction” means the sale, exchange or disposition of the Facility, the refinancing of the Facility or casualty damage to or condemnation of the Facility or any part thereof.

Appears in 1 contract

Samples: Management Agreement (Sunrise Senior Living Inc)

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Capital Transaction. The term “Capital Transaction" means the (a) a sale, exchange exchange, or other disposition of all or substantially all of the FacilityPartnership Property for value (including an involuntary conversion by condemnation, casualty, or otherwise), (b) the incurrence by the Partnership of indebtedness for borrowed money or (c) the refinancing of the Facility any existing or casualty damage to or condemnation of the Facility replacement indebtedness for borrowed money, or any part thereof.

Appears in 1 contract

Samples: Standard Parking Ii LLC

Capital Transaction. The term “Capital Transaction” means the sale, exchange or disposition of the Facilityany of Owner’s property, the refinancing of the Facility any of Owner’s property or casualty damage to or condemnation of the Facility or any part thereofof Owner’s property.

Appears in 1 contract

Samples: Management Agreement (CNL Healthcare Trust, Inc.)

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Capital Transaction. The term “Capital Transaction” means (i) the sale, exchange lease, exchange, condemnation, casualty or other disposition of the FacilityCompany’s Business or any of its assets, the whether voluntary or involuntary; and (ii) any financing or refinancing of the Facility Company’s assets or casualty damage to or condemnation other Company borrowing, except for credit purchases of goods and services on a current basis and in the Facility or any part thereofordinary course of Business.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solar Power, Inc.)

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