Common use of Competing Projects Clause in Contracts

Competing Projects. As of the date of this Agreement, except for the Existing Competing Projects, neither ESC nor any of its Affiliates holds any interest, directly or indirectly, in any real estate (excluding personal residences).

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Emeritus Corp\wa\), Limited Liability Company Agreement, Agreement of Purchase and Sale

Competing Projects. As of the date of this Agreement, except for the properties (the “Existing Competing Projects, ”) identified on Exhibit ”D,” neither ESC nor any of its Affiliates holds any interest, directly or indirectly, in any real estate (excluding personal residences)) within a 15-mile radius of any Property.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Emeritus Corp\wa\)