Common use of Pledges of Receivables Clause in Contracts

Pledges of Receivables. No Borrower Party has pledged its receivables or any Rents as collateral security for any outstanding loan or indebtedness other than the Loan.

Appears in 1 contract

Sources: Loan Agreement (Ventas Inc)

Pledges of Receivables. No Borrower Party has pledged its receivables or any Rents as collateral security for any outstanding loan or indebtedness other than the Loan, or the Mortgage Loan.

Appears in 1 contract

Sources: Mezzanine Loan Agreement (Ventas Inc)