Common use of More Restrictive Agreements Clause in Contracts

More Restrictive Agreements. Promptly notify the Administrative Agent should any Loan Party or any Subsidiary of a Loan Party enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or issuance of Preferred Equity, which agreements or documents include covenants, whether affirmative or negative, which are individually or in the aggregate more restrictive as to the matters covered by the definitions of the terms “Borrowing Base” or “Facility Availability Amount”, or the provisions of Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, and 6.15 (or any other provisions which may have the same practical effect as any of the foregoing) against any of the Loan Parties or their respective Subsidiaries than those set forth herein, or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations. If requested by the Requisite Lenders, the Loan Parties, the Administrative Agent, and the Requisite Lenders shall promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Person, in each case solely for the duration of such restrictive provisions or guaranties under such other agreements or documents, as determined by the Requisite Lenders in their sole reasonable discretion. Notwithstanding the foregoing, this Section 5.15 shall not apply to covenants contained in any agreements or documents that relate only to a specific Project that is collateral for any existing or future Indebtedness of any of Borrower or their Subsidiaries that is permitted by the terms of this Agreement.

More Restrictive Agreements. Promptly notify the Administrative Agent should any Loan Party Guarantor or any Subsidiary of a Loan Party Borrower and Guarantor enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or issuance of Preferred Equity, which agreements or documents include covenants, whether affirmative or negative, which are individually or in the aggregate more restrictive as to the matters covered by the definitions of the terms term “Borrowing Base” or “Facility Availability AmountTotal Unencumbered Asset Value”, or the provisions of Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, and 6.15 inclusive (or any other provisions which may have the same practical effect as any of the foregoing) against any of the Loan Parties Borrower and Guarantor or their respective Subsidiaries than those set forth herein, or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations. If requested by the Requisite Lenders, the Loan PartiesBorrower, Guarantor, the Administrative Agent, and the Requisite Lenders shall promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Personprovisions, in each case solely for the duration of such restrictive provisions or guaranties under such other agreements or documents, as determined by the Requisite Lenders in their sole reasonable discretion. Notwithstanding the foregoing, this Section 5.15 shall not apply to covenants contained in any agreements or documents that relate only to a specific Project that is collateral for any existing or future Indebtedness of any of Borrower or their Subsidiaries that is permitted by the terms of this Agreement.

More Restrictive Agreements. Promptly notify the Administrative Agent should any Loan Party Guarantor or any Subsidiary of a Loan Party Borrower and Guarantor enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or issuance of Preferred Equity, which agreements or documents include covenants, whether affirmative or negative, which are individually or in the aggregate more restrictive as to the matters covered by the definitions of the terms term “Borrowing Base” or “Facility Availability AmountTotal Unencumbered Asset Value”, or the provisions of Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, and 6.15 inclusive (or any other provisions which may have the same practical effect as any of the foregoing) against any of the Loan Parties Borrower and Guarantor or their respective Subsidiaries than those set forth herein, or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations. If requested by the Requisite Lenders, the Loan PartiesBorrower, Guarantor, the Administrative Agent, and the Requisite Lenders shall promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Personprovisions, in each case solely for the duration of such restrictive provisions or guaranties under such other agreements or documents, as determined by the Requisite Lenders in their sole reasonable discretion. Notwithstanding the foregoing, this Section 5.15 shall not apply to covenants contained in any agreements or documents that (i) relate only to a specific Project that is collateral for any existing or future Indebtedness of any of Borrower or their Subsidiaries that is permitted by the terms of this AgreementAgreement or (ii) are between, among or in favor of members of the Consolidated Group only.

More Restrictive Agreements. Promptly notify the Administrative Agent should any Loan Party or any Subsidiary of a Loan Party enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or issuance of Preferred Equity, which agreements or documents include covenants, whether affirmative or negative, which are individually or in the aggregate more restrictive as to the matters covered by the definitions of the terms “"Borrowing Base” " or “"Facility Availability Amount”", or the provisions of Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, and or 6.15 (or any other provisions which may have the same practical effect as any of the foregoing) against any of the Loan Parties or their respective Subsidiaries than those set forth herein, or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations. If requested by the Requisite LendersBanks, the Loan Parties, the Administrative Agent, and the Requisite Lenders Banks shall promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Person, in each case solely for the duration of such restrictive provisions or guaranties under such other agreements or documents, as determined by the Requisite Lenders Banks in their sole reasonable discretion. Notwithstanding the foregoing, this Section 5.15 shall not apply to covenants contained in any agreements or documents that relate only to a specific Project that is collateral for any existing or future Indebtedness of any of Borrower or their Subsidiaries that is permitted by the terms of this Agreement.

More Restrictive Agreements. Promptly notify the Administrative Agent should any Loan Party Borrower or any Subsidiary of a Loan Party Borrowers enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or issuance of Preferred Equity, which agreements or documents include covenants, whether affirmative or negative, which are individually or in the aggregate more restrictive as to the matters covered by the definitions definition of the terms “term Borrowing Base” or “Facility Availability Amount”, or the provisions of Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, and or 6.15 (or any other provisions which may have the same practical effect as any of the foregoing) against any of the Loan Parties Borrower or their respective Subsidiaries than those set forth hereinin the definition of the term Borrowing Base, Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, or 6.15 (or any other provision which may have the same practical effect as any of the foregoing) or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations. If requested by the Requisite LendersBanks, the Loan PartiesBorrowers, the Administrative Agent, and the Requisite Lenders Banks shall promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Person, in each case solely for the duration of such restrictive provisions or guaranties under such other agreements or documents, Person as determined by the Requisite Lenders Banks in their sole reasonable discretion. Notwithstanding the foregoing, this Section 5.15 shall not apply to covenants contained in any agreements or documents that relate only to a specific Project Real Property that is collateral for any existing or future Indebtedness of any of Borrower the Borrowers or their Subsidiaries that is permitted by the terms of this Agreement.

More Restrictive Agreements. Promptly notify the Administrative Agent should any Loan Party or any Subsidiary of a Loan Party enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or issuance of Preferred Equity, which agreements or documents include covenants, whether affirmative or negative, which are individually or in the aggregate more restrictive as to the matters covered by the definitions of the terms “Borrowing Base” or “Facility Availability Amount”, or the provisions of Sections 5.17, 6.1, 6.3, 6.5 through 6.13, inclusive, and 6.15 (or any other provisions which may have the same practical effect as any of the foregoing) against any of the Loan Parties or their respective Subsidiaries than those set forth herein, or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations. If requested by the Requisite LendersBanks, the Loan Parties, the Administrative Agent, and the Requisite Lenders Banks shall promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Person, in each case solely for the duration of such restrictive provisions or guaranties under such other agreements or documents, as determined by the Requisite Lenders Banks in their sole reasonable discretion. Notwithstanding the foregoing, this Section 5.15 shall not apply to covenants contained in any agreements or documents that relate only to a specific Project that is collateral for any existing or future Indebtedness of any of Borrower or their Subsidiaries that is permitted by the terms of this Agreement.