Common use of Contractual Obligations Clause in Contracts

Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement and the Mezzanine A Borrower Company Agreement, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Vici Properties Inc.), Mezzanine B Loan Agreement (Vici Properties Inc.)

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Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement (and the initial membership interests in Borrower issued pursuant thereto) and the Mezzanine A Borrower Company 1 Operating Agreement, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such Contractual Obligations and liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A 1 Borrower.

Appears in 1 contract

Samples: Management Agreement (Ashford Hospitality Trust Inc)

Contractual Obligations. Other than the Mezzanine Loan Documents, the Borrower Operating Agreement (and the Mezzanine A initial membership interests in Borrower issued pursuant thereto) and the Mortgagor Company AgreementAgreements, neither none of the Borrower nor any of or its assets shall be subject to any Contractual Obligations, and the Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A Borrowera Mortgagor.

Appears in 1 contract

Samples: Loan Agreement (Beacon Capital Partners Inc)

Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement (and the initial membership interests in Borrower issued pursuant thereto) and the Mezzanine A Borrower Company 2 Operating Agreement, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such Contractual Obligations and liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A 2 Borrower.

Appears in 1 contract

Samples: Management Agreement (Ashford Hospitality Trust Inc)

Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement (and the initial membership interests in Borrower issued pursuant thereto), and the Mezzanine A Borrower Company Operating Agreement, neither Borrower nor any of its assets the Collateral shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets the Collateral are bound, except for such liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member partner or shareholderregular member, as applicable, of Mezzanine A Borrower.

Appears in 1 contract

Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.)

Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement and the Mezzanine A B Borrower Company Agreement, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A B Borrower.

Appears in 1 contract

Samples: Mezzanine C Loan Agreement (Vici Properties Inc.)

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Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement (and the initial limited liability company interests in Borrower issued pursuant thereto), and the Mezzanine A Borrower Company AgreementAgreements, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member partner or shareholderregular member, as applicable, of Mezzanine A Borrower.

Appears in 1 contract

Samples: Mezzanine B Loan Agreement (Telx Group, Inc.)

Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement (and the initial membership interests in Borrower issued pursuant thereto) and the Mezzanine A Borrower Company 3 Operating Agreement, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such Contractual Obligations and liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A 3 Borrower.

Appears in 1 contract

Samples: Letter Agreement (Ashford Hospitality Trust Inc)

Contractual Obligations. Other than the Loan Documents, the Borrower Operating Agreement, the Mezzanine A Borrower Company Agreement and the Mezzanine A Mortgage Borrower Company Agreement, neither Borrower nor any of its assets shall be subject to any Contractual Obligations, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for such liabilities, not material in the aggregate, that are incidental to its activities as a limited partner, member or shareholder, as applicable, of Mezzanine A Borrower.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc)

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