Common use of Make Advances Clause in Contracts

Make Advances. Make advances or make loans to any Person, or hold any investments, except as expressly permitted pursuant to the terms of this Agreement or any other Loan Document;

Appears in 16 contracts

Sources: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (Ashford Hospitality Trust Inc)

Make Advances. Make advances or make loans to any Person, or hold any investments, except as expressly permitted pursuant to the terms of this Agreement or any other Loan Document;.

Appears in 1 contract

Sources: Loan and Security Agreement (Morgans Hotel Group Co.)

Make Advances. Make advances or make loans to any Person, or hold any investmentsinvestments (other than owning the Borrower Subsidiaries, as applicable), except as expressly permitted pursuant to the terms of this Agreement or any other Loan Document;

Appears in 1 contract

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