Common use of Equity Pledges Clause in Contracts

Equity Pledges. Borrower and the Guarantors will not create or incur or suffer to be created or incurred any Lien (other than Liens for taxes permitted by §8.3(i)(A) and Liens permitted by §8.3(vii), (xi) and (xii)) on any of its direct or indirect legal, equitable or beneficial interest in any Guarantor or any Subsidiary of Borrower or any Guarantor that is an Unencumbered Pool Asset Owner or Hybrid Lease Fee Owner or owns an Unencumbered Pool Asset or Intercompany Loan, including, without limitation, any Distributions or rights to Distributions on account thereof.

Equity Pledges. Borrower and the Guarantors will not create or incur or suffer to be created or incurred any Lien (other than Liens for taxes permitted by §8.3(i)(A) and Liens permitted by §8.3(vii), (xi) and (xii)) on any of its direct or indirect legal, equitable or beneficial interest in the Borrower, any Guarantor or any Subsidiary of Borrower or any Guarantor that is an Unencumbered Pool Asset Owner or Hybrid Lease Fee Owner or owns an Unencumbered Pool Asset or Intercompany Loan, including, without limitation, any Distributions or rights to Distributions on account thereof.