Debt Cancellation. Except as permitted in the Operator Lease, ----------------- cancel or otherwise forgive or release any material claim or debt owed to Borrower by any Person, except for adequate consideration or in the ordinary course of Borrower's business.
Appears in 4 contracts
Samples: Mezzanine Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
Debt Cancellation. Except as permitted in the Operator Lease, ----------------- cancel Cancel or otherwise forgive or release any ----------------- material claim or debt owed to Borrower Operator by any Person, except for adequate consideration or in the ordinary course of BorrowerOperator's business.
Appears in 4 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Mezzanine Loan Agreement (Brookdale Living Communities Inc)
Debt Cancellation. Except as permitted in the Operator Lease, ----------------- cancel Cancel or otherwise forgive or release any material claim or debt owed to Borrower Operator by any Person, except for adequate consideration or in the ordinary course of BorrowerOperator's business.
Appears in 1 contract
Debt Cancellation. Except as permitted in the Operator Lease, ----------------- cancel or otherwise forgive or release any material claim or debt owed to Borrower by any Person, except for adequate consideration or in the ordinary course of Borrower's business.
Appears in 1 contract
