Limitations on the Company’s Activities. (i) This Section 9(b) is being adopted in order to comply with certain provisions required in order to qualify the Company as a "special purpose entity" for the purpose of the Indebtedness. So long as any portion of the Indebtedness is outstanding the provisions of this Section 9(b) shall supercede and control any other provision hereof to the contrary.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Inland Real Estate Corp), Limited Liability Company Agreement (Inland Real Estate Corp), Limited Liability Company Agreement (Inland Real Estate Corp)
Limitations on the Company’s Activities. (i) This Section 9(b) is being adopted in order to comply with certain provisions required in order to qualify the Company as a "“special purpose entity" ” for the purpose of the Indebtedness. So long as any portion of the Indebtedness is outstanding the provisions of this Section 9(b) shall supercede and control any other provision hereof to the contrary.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Inland American Real Estate Trust, Inc.)
