Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any Guarantor, except on terms and conditions which are commercially reasonable.
Appears in 52 contracts
Samples: Lease Agreement (Service Properties Trust), Lease Agreement (TravelCenters of America Inc. /MD/), Lease Agreement (TravelCenters of America Inc. /MD/)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonable.
Appears in 10 contracts
Samples: Lease Agreement (Sholodge Inc), Lease Agreement (Sholodge Inc), Lease Agreement (Hospitality Properties Trust)
Prohibited Transactions. At any time an Event of Default shall have occurred and be continuing, Tenant shall not permit to exist or enter into any agreement or arrangement (other than the Franchise Agreement) whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonable.
Appears in 5 contracts
Samples: Agreement to Lease (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonablereasonable or as otherwise provided in Section 21.5.
Appears in 2 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Lease Agreement (Wyndham Hotel Corp)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorRelated Party, except on terms and conditions which are commercially reasonable.
Appears in 2 contracts
Samples: Lease Agreement (Education Realty Trust, Inc.), Lease Agreement (Education Realty Trust, Inc.)
Prohibited Transactions. Tenant shall not permit to exist or enter ----------------------- into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonable.
Appears in 2 contracts
Samples: Lease Agreement (Homestead Village Inc), Lease Agreement (Crestline Capital Corp)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonablereasonable or as otherwise provided in Section 20.5(e).
Appears in 2 contracts
Samples: Master Lease Agreement (Hospitality Properties Trust), Master Lease Agreement (Hospitality Properties Trust)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it or any Permitted Subtenant engages in a transaction of any kind with any Affiliated Person as to Tenant or any Guarantor, except on terms and conditions which are commercially reasonablenot less favorable to Tenant or the Permitted Subtenant than those on which similar transactions between unaffiliated parties could fairly be expected to be entered into on an arms-length basis.
Appears in 2 contracts
Samples: Master Lease Agreement (Brookdale Living Communities Inc), Master Lease Agreement (Senior Housing Properties Trust)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any Guarantor, (other than a wholly owned subsidiary) except on terms and conditions which are commercially reasonablenot less favorable to Tenant than those on which similar transactions between unaffiliated parties could fairly be expected to be entered into on an arms-length basis.
Appears in 1 contract
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person 69 as to Tenant or any Guarantor, except on terms and conditions which are commercially reasonable.
Appears in 1 contract
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Affiliate of Tenant without the prior written consent of Landlord, which consent may be withheld or any Guarantor, except on terms and conditions which are commercially reasonablegranted in Landlord's sole discretion.
Appears in 1 contract
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonable.reasonable or as otherwise described in Wyndham's draft prospectus for its initial public offering or as provided in Section 21.5. 87 -80-
Appears in 1 contract
Samples: Lease Agreement (Wyndham Hotel Corp)
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Affiliate of Tenant, unless such Affiliate, Tenant and Landlord shall have first executed and delivered a Subordination Agreement covering the obligations of the Tenant under such arrangement or any Guarantor, except on terms and conditions which are commercially reasonableagreement.
Appears in 1 contract
Samples: Senior Housing Properties Trust
Prohibited Transactions. Tenant shall not permit to exist or enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any Guarantor, except on terms and conditions which are commercially reasonable.. -63- 21.10
Appears in 1 contract
Prohibited Transactions. Tenant shall not permit to exist or ----------------------- enter into any agreement or arrangement whereby it engages in a transaction of any kind with any Affiliated Person as to Tenant or any GuarantorTenant, except on terms and conditions which are commercially reasonable.
Appears in 1 contract
