Common use of Transfer of Properties Clause in Contracts

Transfer of Properties. Borrower shall not, and shall not permit any of their respective Subsidiaries to, Transfer any Property, except to the extent (i) required in connection with the Formation; or (ii) otherwise expressly permitted under the Loan Documents, and Borrower complies with the provisions set forth in Section 2.8 with respect to such Property, including the payment of any Release Price required thereby.

Transfer of Properties. Borrower The Loan Parties shall not, and shall not permit any of their respective Subsidiaries to, Transfer any Property, except to the extent (i) required in connection with the Formation; or (ii) otherwise expressly permitted under the Loan Documents, and Borrower complies with the provisions set forth in Section 2.8 with respect to such Property, including the payment of any Release Price required thereby.