Development Activity. The Borrower-SPE will not engage directly or indirectly in the development of properties (other than Eligible Real Estate) without the prior written consent of the Required Lenders in their sole discretion.
Appears in 3 contracts
Sources: Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust)
Development Activity. The Borrower-SPE will not engage directly or indirectly in the development of properties (other than Eligible Real Estate) without the prior written consent of the Required Lenders in their sole discretion.
24. Section 9.1 of the Loan Agreement, is hereby deleted in its entirety and replaced with the following in its stead:
Appears in 1 contract
Sources: Master Credit Agreement (Entertainment Properties Trust)
Development Activity. The Borrower-SPE will not engage directly or indirectly in the development of properties (other than Eligible Real Estate) without the prior written consent of the Required Lenders in their sole discretion.
Appears in 1 contract
Sources: Master Credit Agreement (Entertainment Properties Trust)