Common use of Permitted Transfers of Ownership Interests Clause in Contracts

Permitted Transfers of Ownership Interests. (i) A Transfer of any legal or equitable interests in an entity that is not Borrower or a Designated Entity for Transfers so long as such Transfer does not result in a Prohibited Transfer under Section 7.01(b) or 7.01(d).

Appears in 9 contracts

Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement

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Permitted Transfers of Ownership Interests. (i) A Transfer of any legal or equitable interests in an entity that is not Borrower or a Designated Entity for Transfers so long as such Transfer does not result in a Prohibited Transfer under Section 7.01(b), 7.01(d) or 7.01(d7.01(k).

Appears in 2 contracts

Samples: Continuing Covenant Agreement, Continuing Covenant Agreement

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