Common use of Engage in Different Business Clause in Contracts

Engage in Different Business. Engage, directly or indirectly, in any business other than that of entering into this Agreement and the other Loan Documents (Junior Tier Mezzanine) to which Mezzanine Borrower is a party and the use, ownership, management, leasing, renovation, financing, development, operation and maintenance of the Property and activities related thereto;

Appears in 1 contract

Samples: Junior Tier Mezzanine Loan and Security Agreement (Maguire Properties Inc)

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Engage in Different Business. Engage, directly or indirectly, in any business other than that of entering into this Agreement and the other Loan Documents (Junior Tier Second Mezzanine) to which Mezzanine Borrower is a party and ownership of interests in the use, ownership, management, leasing, renovation, financing, development, operation and maintenance of the Property Mortgage Borrower and activities related thereto;

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.)

Engage in Different Business. Engage, directly or indirectly, in any business other than that of entering into this Agreement and the other Loan Documents (Junior Tier Third Mezzanine) to which Mezzanine Borrower is a party and ownership of interests in the use, ownership, management, leasing, renovation, financing, development, operation and maintenance of the Property Mortgage Borrower and activities related thereto;

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (CNL Hotels & Resorts, Inc.)

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Engage in Different Business. Engage, directly or indirectly, in any business other than that of entering into this Agreement and the other Loan Documents (Junior Tier Mezzanine) to which Mezzanine Borrower is a party and the use, ownership, management, leasing, renovation, financing, development, operation and maintenance of the Property and activities related thereto;

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Maguire Properties Inc)

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