Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.
Appears in 16 contracts
Samples: Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Fourth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Ninth Mezzanine Loan Agreement (Harrahs Entertainment Inc)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 16 contracts
Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.), Mezzanine Loan Agreement (CNL Income Properties Inc), Loan Agreement (Maguire Properties Inc)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), shall give its consent or approval to, or permit Mortgage Borrower to take, any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 5 contracts
Samples: Mezzanine Loan Agreement (Industrial Logistics Properties Trust), Mezzanine a Loan Agreement (Industrial Logistics Properties Trust), Mezzanine a Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shallshall not, and shall not permit Mortgage Borrower to, without the prior written consent of Lender Administrative Agent (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 5 contracts
Samples: Mezzanine a Loan Agreement (Vici Properties Inc.), Loan Agreement (Vici Properties Inc.), Mezzanine C Loan Agreement (Vici Properties Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shallshall not, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 4 contracts
Samples: Junior Mezzanine Loan Agreement (Maguire Properties Inc), Senior Mezzanine Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (Maguire Properties Inc)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates Subsidiaries shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), permit or give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 4 contracts
Samples: Letter Agreement (Ashford Hospitality Trust Inc), Letter Agreement (Ashford Hospitality Trust Inc), Management Agreement (Ashford Hospitality Trust Inc)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates Subsidiaries shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 4 contracts
Samples: Mezzanine a Loan Agreement (Telx Group, Inc.), Mezzanine Loan Agreement (CNL Hotels & Resorts, Inc.), Mezzanine B Loan Agreement (Telx Group, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at in its sole and absolute reasonable discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 2 contracts
Samples: Loan Agreement (Hcp, Inc.), Loan Agreement (Hcp, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine to Borrower of property other than cash.
Appears in 2 contracts
Samples: First Mezzanine Loan Agreement (Harrahs Entertainment Inc), First Mezzanine Loan Agreement (Harrahs Entertainment Inc)
Other Limitations. (a) Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute reasonable discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc)
Other Limitations. Prior to the payment in full of the Debt, neither no Borrower nor and no Affiliate of any of its Affiliates Borrower shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)
Other Limitations. Prior Except as otherwise expressly permitted herein, prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 2 contracts
Samples: Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither no Borrower nor shall, and no Borrower shall permit any of its Affiliates shallMortgage Borrower to, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Other Limitations. Prior to the payment in full of the Debt, neither Borrower Borrowers nor any of its the other Borrowers Parties of their Affiliates shall, without the prior written consent of Lender (which consent may be furnished or withheld at its Lender’s sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Other Limitations. Prior to the payment and performance in full of the Debt, neither Borrower nor any of its Affiliates subsidiaries shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates Mortgage Borrower shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Mezzanine Loan Agreement (TNP Strategic Retail Trust, Inc.)
Other Limitations. Prior to the payment and performance in full of the DebtObligations, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shallshall not, and shall not permit Mortgage Borrower to, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Cole Corporate Income Trust, Inc.)
Other Limitations. Prior to the payment and performance in full of the Debt, neither Borrower nor Op Co Pledgor nor any of its Affiliates their respective subsidiaries shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Hersha Hospitality Trust)
Other Limitations. Prior to the payment in full of the DebtObligations, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Strategic Storage Trust II, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), ) give its consent or approval to to, or effectuate, any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Other Limitations. Prior to the payment in full of the Debt, neither Borrower nor any of its Affiliates subsidiaries shall, without the prior written consent of Lender (which may be furnished or withheld at its sole and absolute discretion), give its consent or approval to any of the following actions or items: the distribution by Mortgage Borrower or Senior Mezzanine Borrower of property other than cash.:
Appears in 1 contract
Samples: Management Agreement (Piedmont Office Realty Trust, Inc.)
