Transfers of Interests in Borrower. In addition to any transfer permitted by any other provision of this Article VIII, each holder of any direct or indirect interest in the Borrower shall have the right to transfer (but not pledge, hypothecate or encumber) its equity interest in the Borrower to any Person who is not a Disqualified Transferee without Lender’s consent or a Rating Agency Confirmation if Section 8.6 is complied with and, after giving effect to such transfer:
Appears in 8 contracts
Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Transfers of Interests in Borrower. In addition to any transfer permitted by any other provision of this Article VIII, each Each holder of any direct or indirect interest in the Borrower shall have the right to transfer (but not pledge, hypothecate or encumber) its equity interest in the Borrower to any Person who is not a Disqualified Transferee without LenderAdministrative Agent’s consent or a Rating Agency Confirmation if Section 8.6 is complied with and, after giving effect to such transfer:
Appears in 2 contracts
Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Transfers of Interests in Borrower. In addition to any transfer permitted by any other provision of this Article VIII, each Each holder of any direct or indirect interest in the Borrower shall have the right to transfer (but not pledge, hypothecate or encumber) its equity interest in the Borrower to any Person who is not a Disqualified Transferee without LenderAdministrative Agent’s consent or a Rating Agency Confirmation if Section 8.6 is complied with and, after giving effect to such transfer:
Appears in 1 contract
Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Transfers of Interests in Borrower. In addition to any transfer permitted by any other provision of this Article VIII, each Each holder of any direct or indirect ownership interest in the Borrower shall have the right to transfer (but not pledge, hypothecate or encumber) its equity direct or indirect ownership interest in the Borrower to any Person who is not a Disqualified Transferee without LenderAdministrative Agent’s consent or a Rating Agency Confirmation if Section 8.6 is complied with and, after giving effect to such transfer:
Appears in 1 contract
Samples: Loan and Security Agreement (Morgans Hotel Group Co.)
