Common use of No Inventory Clause in Contracts

No Inventory. Engage in any activity relating to the Property or any other assets of the Property Owner or the Borrower that would cause the Property or assets to be treated for federal income tax purposes as property described in Section 1221(1) of the Code or that would cause any proceeds from the sale or other disposition of the Property or assets to be treated as proceeds from a sale or other disposition of property described in Section 1221(1) of the Code.