Common use of Incur Debt Clause in Contracts

Incur Debt. Incur, create or assume any Debt other than Permitted Debt or Transfer (directly or indirectly) or lease all or any part of the Property or any interest therein, except as permitted in the Loan Documents;

Appears in 2 contracts

Sources: Loan and Security Agreement (Reckson Operating Partnership Lp), Loan and Security Agreement (Reckson Associates Realty Corp)

Incur Debt. Incur, create or assume any Debt Debt, other than Permitted Debt Debt, without the consent of Lender, or Transfer (directly or indirectly) or lease Lease all or any part of the Property or any interest therein, except as permitted in the Loan Documents;

Appears in 2 contracts

Sources: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust)

Incur Debt. Incur, create or assume any Debt Indebtedness other than Permitted Debt Debt, or Transfer (directly or indirectly) or lease all or any part of the Mortgaged Property or any interest therein, except as permitted in the Loan Documents;.

Appears in 1 contract

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