Common use of Ownership of Projects Clause in Contracts

Ownership of Projects. Minority Holdings and Property ------------------------------------------------------ . The ownership of substantially all wholly owned Projects, Minority Holdings and other Property of the Consolidated Businesses shall be held by the Borrower and its Subsidiaries and shall not be held directly by the Company.

Appears in 1 contract

Sources: Credit Agreement (Reckson Associates Realty Corp)

Ownership of Projects. Minority Holdings and Property ------------------------------------------------------ Property. ----------------------------------------------------- The ownership of substantially all wholly owned Projects, Minority Holdings and other Property of the Consolidated Businesses shall be held by the Borrower and its Subsidiaries and shall not be held directly by the Company.

Appears in 1 contract

Sources: Credit Agreement (Center Trust Inc)