Common use of Principal Property Clause in Contracts

Principal Property. None of the Parent Guarantors, the U.S. Borrower and the Euro Borrower shall, nor shall they permit any First Tier Subsidiary to, own any Principal Property.

Principal Property. None of the Parent Guarantors, the U.S. ------------------ Borrower and the Euro Borrower shall, nor shall they permit any First Tier Subsidiary to, own any Principal Property.