Common use of Project Indebtedness Clause in Contracts

Project Indebtedness. The Borrower shall not, at any time, -------------------- create, incur, assume, guaranty, suffer to exist or otherwise become or remain directly or indirectly liable with respect to any Debt other than Non-Recourse Debt.

Appears in 1 contract

Sources: Revolving Credit Agreement (Kilroy Realty Corp)

Project Indebtedness. The Borrower shall not, at any time, -------------------- create, incur, assume, guaranty, suffer to exist or otherwise become or remain directly or indirectly liable with respect to any Debt other than Non-Recourse Debt.

Appears in 1 contract

Sources: Credit Agreement (Kilroy Realty Corp)

Project Indebtedness. The Neither Borrower shall notshall, at any time, -------------------- create, incur, assume, guaranty, suffer to exist or otherwise become or remain directly or indirectly liable with respect to any Debt debt for borrowed money other than Non-Recourse Debtunsecured loans from partners.

Appears in 1 contract

Sources: Credit Agreement (Metropolis Realty Trust Inc)