Disposal of Partnership Interests. EQR will not directly or indirectly convey, sell, transfer, assign, pledge or otherwise encumber or dispose of any of its partnership interests in Borrower, except for the reduction of EQR’s interest in the Borrower arising from Borrower’s issuance of partnership interests in the Borrower or the retirement of preference units by Borrower.
Appears in 8 contracts
Samples: Revolving Credit Agreement (Equity Residential), Credit Agreement (Equity Residential), Revolving Credit Agreement (Equity Residential)
Disposal of Partnership Interests. EQR will not directly or indirectly convey, sell, transfer, assign, pledge or otherwise encumber or dispose of any of its partnership interests in BorrowerERP, except for the reduction of EQR’s interest in the Borrower ERP arising from BorrowerERP’s issuance of partnership interests in the Borrower ERP or the retirement of preference units by BorrowerERP.
Appears in 1 contract
Samples: Term Loan Agreement (Erp Operating LTD Partnership)
Disposal of Partnership Interests. EQR will not directly or indirectly convey, sell, transfer, assign, pledge or otherwise encumber or dispose of any of its partnership interests in the Borrower, except for the reduction of EQR’s interest in the Borrower arising from the Borrower’s issuance of partnership interests in the Borrower or the retirement of preference units by the Borrower.
Appears in 1 contract
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership)
