Common use of Incur Debt Clause in Contracts

Incur Debt. Incur, create or assume any Debt other than Permitted Debt of Mezzanine Borrower, Mortgage Borrower, and Senior Mezzanine Borrowers, (as applicable) or Transfer or lease all or any part of the Property, Senior Mezzanine Collateral, or Collateral or any interest therein, except as permitted in the Mezzanine Loan Documents (for the avoidance of doubt, Mezzanine Borrower shall not have any obligations under or with respect to the Junior Mezzanine Loans);

Incur Debt. Incur, create or assume any Debt other than Permitted Debt of Mezzanine Borrower, Borrower and Mortgage Borrower, and Senior Mezzanine Borrowers, Borrower (as applicable) or Transfer or lease all or any part of the Property, Senior Mezzanine Collateral, Property or Collateral or any interest therein, except as permitted in the Mezzanine Loan Documents (for the avoidance of doubt, Mezzanine Borrower shall not have any obligations under or with respect to the Junior Mezzanine Loans);

Incur Debt. Incur, create or assume any Debt other than Permitted Debt of Mezzanine Borrower, Mortgage Borrower, and Senior Mezzanine BorrowersBorrower, (as applicable) or Transfer or lease all or any part of the Property, Senior Mezzanine Collateral, or Collateral or any interest therein, except as permitted in the Mezzanine Loan Documents (for the avoidance of doubt, Mezzanine Borrower shall not have any obligations under or with respect to the Junior Mezzanine Loans);