Common use of Not Plan Assets Clause in Contracts

Not Plan Assets. The assets of neither Borrower nor any Guarantor constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a party, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 3 contracts

Sources: Credit Agreement (Security Capital Group Inc/), Credit Agreement (Security Capital Group Inc/), Term Loan Agreement (Security Capital Group Inc/)

Not Plan Assets. The assets of neither Borrower nor any Guarantor the Borrower, its Subsidiaries and the --------------- other Loan Party do not and will not constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Sources: Term Loan Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)

Not Plan Assets. The Neither the assets of neither the Borrower nor any Guarantor constitute "constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Sources: Credit Agreement (Regency Realty Corp), Credit Agreement (Regency Realty Corp)

Not Plan Assets. The respective assets of neither Borrower nor any Guarantor and each other Loan Party do not and will not constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Amreit), Revolving Credit Agreement (Amreit)

Not Plan Assets. The assets of neither Borrower nor any the Guarantor do not and will not --------------- constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-Non- ERISA Plan. The execution, delivery and performance by Borrower of this Guaranty and Guarantors of the other Loan Documents to which any the Guarantor is a party, and the borrowing and repayment of amounts hereunder, party do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Sources: Guaranty (Security Capital Group Inc/)

Not Plan Assets. The None of the assets of neither Borrower nor any Borrower, any Guarantor constitute "or any Development Affiliate Guarantor constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Sources: Credit Agreement (Regency Realty Corp)

Not Plan Assets. The assets of neither Borrower nor any Guarantor the Borrower, its Subsidiaries and the other Loan Party do not and will not constitute "plan assets" ", within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Sources: Credit Agreement (Mgi Properties)

Not Plan Assets. The None of the assets of neither Borrower nor the Borrower, any Guarantor constitute "or RRG constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Sources: Credit Agreement (Regency Centers Corp)

Not Plan Assets. The None of the assets of neither the Borrower nor or any Guarantor constitute "constitute, nor will constitute, plan assets" , within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Sources: Credit Agreement (Regency Centers Corp)

Not Plan Assets. The respective assets of neither Borrower nor any Guarantor and each other Loan Party do not and will not constitute "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder, of any ERISA Plan or Non-ERISA Plan. The execution, delivery and performance by Borrower and Guarantors of the Loan Documents to which any is a partythis Agreement, and the borrowing and repayment of amounts hereunderthereunder, do not and will not constitute "prohibited transactions" under ERISA or the Internal Revenue Code.

Appears in 1 contract

Sources: Revolving Credit Agreement (Amreit)