Common use of Plans Clause in Contracts

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 25 contracts

Samples: Credit Agreement (Realty Income Corp), Credit Agreement (Equity One Inc), Term Loan Agreement (STORE CAPITAL Corp)

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Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 17 contracts

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

Plans. The Borrower shall not, and shall not permit any other Specified Loan Party or any other Subsidiary of its or their respective Subsidiaries to, and by its execution hereof the Parent Guarantor agrees that it shall not and shall not permit any of its Subsidiaries to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, ERISA and the regulations promulgated thereunder for purposes of ERISA and the Internal Revenue Code and the respective regulations promulgated thereunderCode.

Appears in 9 contracts

Samples: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust), Term Loan Agreement (Chesapeake Lodging Trust)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISAERISA (other than as a result of contributions, in the normal course and on behalf of the Plan participants, by the Borrower, any other Loan Party, or any other Subsidiary to Benefit Arrangements, Plans, or Multiemployer Plans not prohibited by this agreement or any other loan document), the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 6 contracts

Samples: Term Loan Agreement (Federal Realty Investment Trust), Term Loan Agreement (Federal Realty OP LP), Term Loan Agreement (Federal Realty Investment Trust)

Plans. The Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.. ​

Appears in 4 contracts

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

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary of its Subsidiaries to, permit any of its respective assets to become or be deemed to be "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement (CBL & Associates Properties Inc), Assignment and Assumption Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

Plans. The Neither the Borrower nor the Parent shall, nor shall not, and shall not they permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 4 contracts

Samples: Credit Agreement (Regency Centers Corp), Credit Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Corp)

Plans. The Borrower shall not, and shall not permit any other Loan Party the Parent or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, ERISA or the Internal Revenue Code and the respective regulations promulgated thereunderthereunder for purposes of ERISA and the Internal Revenue Code.

Appears in 3 contracts

Samples: Credit Agreement (CBL & Associates Properties Inc), Term Loan Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)

Plans. The Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 3 contracts

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

Plans. The Parent and the Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary of the Parent to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 2 contracts

Samples: Credit Agreement (VEREIT Operating Partnership, L.P.), Credit Agreement (American Realty Capital Properties, Inc.)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary of its Subsidiaries to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 2 contracts

Samples: Unsecured Credit Agreement (CBL & Associates Properties Inc), Unsecured Credit Agreement (CBL & Associates Properties Inc)

Plans. The Borrower shall not, and shall not permit any other Loan Party the Parent or any other Subsidiary to, permit any of its respective assets to become or be deemed to be "plan assets" within the meaning of ERISA, ERISA or the Internal Revenue Code and the respective regulations promulgated thereunderthereunder for purposes of ERISA and the Internal Revenue Code.

Appears in 2 contracts

Samples: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)

Plans. The Borrower shall not, and shall not permit any other Subsidiary or other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Post Apartment Homes Lp), Term Loan Agreement (Post Apartment Homes Lp)

Plans. The Borrower shall not, and shall not permit any other Loan Party Borrower Member or any other Subsidiary Guarantor to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, ERISA and the regulations promulgated thereunder for purposes of ERISA and the Internal Revenue Code and the respective regulations promulgated thereunderCode.

Appears in 2 contracts

Samples: Joinder Agreement (RREEF Property Trust, Inc.), Joinder Agreement (RREEF Property Trust, Inc.)

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Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary of its Subsidiaries to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, ERISA and the regulations promulgated thereunder for purposes of ERISA and the Internal Revenue Code and the respective regulations promulgated thereunderCode.

Appears in 1 contract

Samples: Loan Agreement (Chesapeake Lodging Trust)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 1 contract

Samples: Credit Agreement (Realty Income Corp)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary Obligor to, permit any of its respective assets to become or be deemed to be “plan assets” of any Plan within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 1 contract

Samples: Credit Agreement And (Eastgroup Properties Inc)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary of the Borrower to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 1 contract

Samples: Credit Agreement (Saul Centers Inc)

Plans. Execution Version The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 1 contract

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

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be "plan assets" within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

Appears in 1 contract

Samples: Credit Agreement (Equity One Inc)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary of the Borrower to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder. Section 10.6.

Appears in 1 contract

Samples: Credit Agreement (Saul Centers Inc)

Plans. The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, ERISA and the regulations promulgated thereunder for purposes of ERISA and the Internal Revenue Code and the respective regulations promulgated thereunderCode.

Appears in 1 contract

Samples: Credit Agreement (Maui Land & Pineapple Co Inc)

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