Common use of Permitted Investments Clause in Contracts

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at any time:

Appears in 18 contracts

Samples: Franchise Agreement (Hospitality Properties Trust), Term Loan Agreement (Select Income REIT), Franchise Agreement (Hospitality Properties Trust)

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Permitted Investments. The Borrower Parent shall not, and shall not permit the Borrower, any Loan Party or any other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at any time:

Appears in 7 contracts

Samples: Term Loan Agreement (Parkway Properties Inc), Credit Agreement (Parkway Properties Inc), Term Loan Agreement (Parkway Properties Inc)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own own, the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of the Borrower’s Total Asset Value at any time:

Appears in 5 contracts

Samples: Credit Agreement (Equity One, Inc.), Loan Agreement (Equity One, Inc.), Credit Agreement (Equity One, Inc.)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which that would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total the Gross Asset Value at any timeValue:

Appears in 4 contracts

Samples: Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp)

Permitted Investments. The Borrower Parent shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at any time:

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Excel Trust, Inc.), Credit Agreement (Pacific Office Properties Trust, Inc.), Credit Agreement (Excel Trust, Inc.)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons (excluding the value of any such holdings that are also Marketable Securities) to exceed 15.0% of the following percentages of Consolidated Total Asset Value at any timeValue:

Appears in 3 contracts

Samples: Amended And (Washington Real Estate Investment Trust), Designation Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own own, the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total the Borrower’s Gross Asset Value at any timeValue:

Appears in 2 contracts

Samples: Credit Agreement (Equity One, Inc.), Credit Agreement (Equity One Inc)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages levels, as a percentage of Total Asset Value at any time:

Appears in 2 contracts

Samples: Credit Agreement (Select Income REIT), Bridge Loan Agreement (Select Income REIT)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed 20% of the following percentages of Total Gross Asset Value at any timeValue:

Appears in 2 contracts

Samples: Credit Agreement (Washington Real Estate Investment Trust), Term Loan Agreement (Washington Real Estate Investment Trust)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons Borrower and its Subsidiaries, on a consolidated basis, to exceed the following percentages of Total Gross Asset Value at any timeValue:

Appears in 2 contracts

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

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at as of the last day of any timefiscal quarter of the Borrower, beginning with the fiscal quarter ending June 30, 2012:

Appears in 2 contracts

Samples: Credit Agreement (Rouse Properties, Inc.), Credit Agreement (Rouse Properties, Inc.)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in the following Investments or otherwise own the following items which that would cause the aggregate value amount of such Investments and other holdings of such Persons to exceed the following percentages of Total Asset Value at the end of any timefiscal quarter of the Borrower:

Appears in 1 contract

Samples: Credit Agreement (Bre Properties Inc /Md/)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following indicated percentages of Total Gross Asset Value at any time:

Appears in 1 contract

Samples: Credit Agreement (CRT Properties Inc)

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Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Gross Asset Value at any time:

Appears in 1 contract

Samples: Revolving Credit Agreement (Ps Business Parks Inc/Ca)

Permitted Investments. The Neither the Parent nor the Borrower shall, and neither the Parent nor the Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at any time:

Appears in 1 contract

Samples: Credit Agreement (Trade Street Residential, Inc.)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons the Borrower and its Subsidiaries to exceed the following percentages levels, as a percentage of Total Asset Value at any timeValue:

Appears in 1 contract

Samples: Credit Agreement (Government Properties Income Trust)

Permitted Investments. The Borrower shall not, and shall not permit any other Loan Party Party, the Parent or any other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages 30.0% of Total Asset Value at any time:

Appears in 1 contract

Samples: Credit Agreement (Equity Commonwealth)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages 30.0% of Total Asset Value at any time:

Appears in 1 contract

Samples: Credit Agreement (Equity Commonwealth)

Permitted Investments. The Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at any time:

Appears in 1 contract

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed 30% of the following percentages of Total Gross Asset Value at any timeValue:

Appears in 1 contract

Samples: Credit Agreement (Washington Real Estate Investment Trust)

Permitted Investments. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, make an Investment in or otherwise own the following items which would cause the aggregate value of such holdings of such Persons to exceed the following percentages of Total Asset Value at any time:

Appears in 1 contract

Samples: Credit Agreement (Spirit Realty Capital, Inc.)

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