Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 10 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.)
Sale and Leaseback. The Except for Tax Driven Lease Transactions, the Borrower and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 7 contracts
Samples: Credit Agreement (QTS Realty Trust, Inc.), Term Loan Agreement (QualityTech, LP), Credit Agreement (QTS Realty Trust, Inc.)
Sale and Leaseback. The Borrower and the Guarantors Borrowers will not, and will not permit any Guarantor or any of their respective SubsidiariesSubsidiaries to, to enter into any arrangement, directly or indirectly, whereby the any Borrower, any Guarantor or any such Subsidiary of their respective Subsidiaries shall sell or transfer any Real Estate property owned by it in order that then or thereafter the Borrower or any to lease such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheldproperty.
Appears in 6 contracts
Samples: Assignment and Assumption Agreement (Life Storage Lp), Assignment and Assumption Agreement (Sovran Self Storage Inc), Credit Agreement (Sovran Self Storage Inc)
Sale and Leaseback. The Borrower and the Guarantors will not, and Borrowers will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary Borrower shall sell or transfer any Real Estate owned by it in order that then or thereafter the such Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 5 contracts
Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective its Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor Borrower or any such Subsidiary shall sell or transfer any Real Estate owned or leased by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of the Agent, such consent not to be unreasonably withheld.
Appears in 4 contracts
Samples: Credit Agreement (Modiv Inc.), Credit Agreement (Condor Hospitality Trust, Inc.), Management Agreement (New Senior Investment Group Inc.)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit any Guarantor or their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower Borrower, any Guarantor or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 4 contracts
Samples: Credit Agreement (DuPont Fabros Technology LP), Credit Agreement (Dupont Fabros Technology, Inc.), Term Loan Agreement (Dupont Fabros Technology, Inc.)
Sale and Leaseback. The Neither the Borrower and the Guarantors nor any Guarantor will not, and nor will not any of them permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor Borrower or any such Subsidiary of its Subsidiaries shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary of its Subsidiaries shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 3 contracts
Samples: Term Loan Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of the Agent, such consent not to be unreasonably withheld.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.), Senior Secured Credit Agreement (Healthcare Trust, Inc.), Term Loan Agreement (Mid America Apartment Communities Inc)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective its Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor Borrower or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of the Agent, such consent shall not to be unreasonably withheld.
Appears in 3 contracts
Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)
Sale and Leaseback. The Borrower Borrower, REA and the Guarantors will not, and will not permit their respective Subsidiaries, Subsidiaries to enter into any arrangement, directly or indirectly, whereby the Borrower, REA, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower Borrower, REA, a Guarantor or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheldEstate.
Appears in 2 contracts
Samples: Revolving Credit Agreement (American Real Estate Investment Corp), Revolving Credit Agreement (American Real Estate Investment Corp)
Sale and Leaseback. The Borrower and the Guarantors Guarantor will not, and Guarantor will not permit their respective any of its Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower Borrower, Guarantor or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 2 contracts
Samples: Credit Agreement (Dupont Fabros Technology, Inc.), Credit Agreement (Dupont Fabros Technology, Inc.)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit any Guarantor or their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower Borrower, any Guarantor or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 2 contracts
Samples: Credit Agreement (CyrusOne Inc.), Credit Agreement (CyrusOne Inc.)
Sale and Leaseback. The Borrower and the Guarantors Borrowers will not, and will not permit their respective SubsidiariesSubsidiaries to, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor such Borrower or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the any such Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Administrative Agent, such consent not to be unreasonably withheld.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.), Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate Property owned by it in order that then or thereafter the Borrower or any such Guarantor or Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheldProperty.
Appears in 1 contract
Sale and Leaseback. The Borrower Except for Tax Driven Lease Transactions, the Borrowers and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the any Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the such Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 1 contract
Sale and Leaseback. The Borrower Borrowers and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the any Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the such Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 1 contract
Sale and Leaseback. The TheNeither the Borrower and the Guarantors nor any Guarantor will not, and andnor will not notany of them permit their itstheir respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the BorrowerREIT, any Guarantor Borrower or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the REIT, the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Sale and Leaseback. The Borrower and the Guarantors Borrowers will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor Borrower or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the such Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.
Appears in 1 contract
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheld.. 119
Appears in 1 contract
Sale and Leaseback. The Borrower and the Guarantors will not, and Subsidiary Guarantor will not permit their respective Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor or any such Subsidiary Person shall sell or transfer any Real Estate Property owned by it in order that then or thereafter the Borrower or any such Subsidiary Person shall lease back such Real Estate without the prior written consent of Agent, such consent not to be unreasonably withheldEstate.
Appears in 1 contract
Samples: Revolving Credit Agreement (Crescent Real Estate Equities Co)
Sale and Leaseback. The Borrower and the Guarantors will not, and will not permit their respective its Subsidiaries, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor Borrower or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of the Agent, such consent not to be unreasonably withheld.. US_ACTIVE\121755035\V-6
Appears in 1 contract
Samples: Credit Agreement (GTJ Reit, Inc.)
Sale and Leaseback. The Borrower and the Guarantors Borrowers will not, and will not permit their respective SubsidiariesSubsidiaries to, to enter into any arrangement, directly or indirectly, whereby the Borrower, any Guarantor such Borrower or any such Subsidiary shall sell or transfer any Real Estate owned by it in order that then or thereafter the any such Borrower or any such Subsidiary shall lease back such Real Estate without the prior written consent of Administrative Agent, such consent not to be unreasonably withheld.. Section 8.6
Appears in 1 contract
Samples: Management Agreement (American Healthcare REIT, Inc.)
