Cross-Default Provisions. Unless approved by a Supermajority Vote of the Executive Committee, the Partnership shall not incur any indebtedness that contains cross-default provisions, except for any financing the Partnership shall obtain pursuant to Sections 3.8 (e) and (f) hereof.
Cross-Default Provisions. All Collateral which Agent or any Lender has acquired or may at any time acquire from any Borrower or from any other source in connection with the Obligations shall constitute collateral for each and every one of the Obligations, without apportionment or designation as to particular Obligations, and all Obligations, howsoever and whensoever acquired, and the Lenders shall have the right, in their sole discretion to determine the order in which the Lenders' rights in or remedies against any Collateral are to be exercised and which types of Collateral or which portions of Collateral are to be proceeded against and the order of application of proceeds of such Collateral as against particular Obligations. All Loan Documents shall contain cross-default provisions.
Cross-Default Provisions. A material breach or default of this Agreement shall constitute a material breach of the Operative Agreements, and vice versa.
Cross-Default Provisions. BCC, Elder, and Developer each hereby acknowledges and agrees that a material default by BCC, Developer, Elder, any Tenant, or their respective Affiliates under any obligation owed by BCC, Developer, Elder, any Tenant, or their respective Affiliates to NHP, MLD or any Affiliate of NHP or MLD arising under or in connection with the Transactions, including, without limitation, a material default under the Purchase Contract Assignments, Leases, Lease Guaranties, Capital Agreements, Deposit Agreements, Development Agreements, Development Guaranties, Environmental Indemnifications, and Refusal Agreements and any related financing statements, collateral assignments, or security agreements (hereinafter individually referred to as an "OBLIGATION" and collectively referred to in this Agreement as the "OBLIGATIONS"), which default is not cured within any applicable cure period provided in the documentation for such Obligation, shall, in the NHP's sole, absolute, and uncontrolled discretion, constitute an event of default for purposes of and under (A) such Obligation, and (B) any or all of the other Obligations under the Transactions.
Cross-Default Provisions. The mortgages secured by the following two sets of two properties are cross-collateralized: (1) 000 Xxxxx Xxxxx Xxxxxx Xxxx, Xxxxxxxxxxxxx, Xxxxxxxx and 000 Xxxxx Xxxxx Xxxxxx Xxxx, Xxxxxxxxxxxxx, Xxxxxxxx, and (3) 0000 Xxxxxxxx Xxxxxxxxx, Xxx Xxxxx, Xxxxxxxx and 0000 Xxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxx.
Cross-Default Provisions. From and after the Closing Date, Seller shall not trigger or breach any Cross-Default Provisions, or permit or suffer to exist any trigger or breach of any Cross-Default Provisions by any Related Parties (each a “Related Party Cross Default”).
Cross-Default Provisions. With respect to our opinion in paragraph 10 above, we express no opinion with respect to violations under cross-default provisions referring to or based upon agreements that are not included on Schedule C or with respect to compliance with financial covenants or tests contained in any agreement listed on Schedule C. For purposes of the preceding sentence, agreements which are attached as exhibits, schedules or attachments to or are otherwise referred to in agreements listed on Schedule C, but are not directly listed on Schedule C, shall not be deemed to be included on Schedule C. Schedule B Assumptions For purposes of our letter, we have relied, without investigation, upon each of the following assumptions:
Cross-Default Provisions. The following shall be added as Article XV to the Agreement:
Cross-Default Provisions. With respect to our opinion in paragraph 10 above, we express no opinion with respect to violations under cross-default provisions referring to or based upon agreements that are not included on Schedule D. For purposes of the preceding sentence, agreements which are attached as exhibits, schedules or attachments to or are otherwise referred to in agreements fisted on Schedule D, but are not directly listed on Schedule D, shall not be deemed to be included on Schedule D. Schedule F Excluded Provisions None of the opinions in the letter to which this Schedule is attached covers or otherwise addresses any of the following types of provisions which may be contained in the Transaction Agreements:
Cross-Default Provisions. With respect to Our Opinions in paragraphs 3 and 4 above, we express no opinion with respect to violations under cross- default provisions referring to or based upon agreements that are not included on Schedule C. For purposes of the preceding sentence, agreements which are attached as exhibits, schedules or attachments to or are otherwise referred to in agreements listed on Schedule C, but are not directly listed on Schedule C, shall not be deemed to be included on Schedule C. Schedule E Excluded Law and Legal Issues In addition to the limitations and exclusions otherwise set forth in paragraphs 3 and 4, none of the opinions or advice set forth in paragraphs 3 and 4 of our letter covers or otherwise addresses any of the following laws, regulations or other governmental requirements or legal issues:
