Common use of Gazit Clause in Contracts

Gazit. Globe shall procure that no Approved Special Purpose Vehicle that is an Approved Maple Ficus Transferee shall own any assets (including, without limitation, any shares or securities of any person) other than shares or securities in a Maple Ficus Guarantor that have been duly pledged by such Approved Maple Ficus Transferee under a pledge agreement to which it is party and the holding of which complies with clause 15.13.9 above or clause 15.18.4 below, as applicable.