Common use of Real Property Purchases Clause in Contracts

Real Property Purchases. Without the prior written consent of Agent, no Loan Party shall purchase a fee simple ownership interest in real Property. Notwithstanding the foregoing, a Loan Party may purchase real Property in connection with a Permitted Acquisition so long as the requirements of Section 6.13 are met.

Appears in 2 contracts

Sources: Credit Agreement (USA Compression Partners, LP), Credit Agreement

Real Property Purchases. Without the prior written consent of Agent, no Loan Party shall purchase a fee simple ownership interest in real Property. Notwithstanding the foregoing, a Loan Party may purchase real Property in connection with a Permitted Acquisition so long as the requirements of Section 6.13 are met.

Appears in 1 contract

Sources: Credit Agreement (USA Compression Partners, LP)