Enter into any transaction of any kind with any Affiliate of the REIT, whether or not in the ordinary course of business, other than on fair and reasonable terms substantially as favorable to the REIT or a Subsidiary thereof as would be obtainable by the REIT or such Subsidiary at the time in a comparable arm’s length transaction with a Person other than an Affiliate; provided that the foregoing restriction shall not apply to (i) transactions between or among the Loan Parties, (ii) transactions between or among Subsidiaries that are not Loan Parties, and at any time after the occurrence of the Permitted Subsidiary Guarantor Release, transactions between or among the Loan Parties and Wholly Owned Subsidiaries of any of the Loan Parties and (iii) Investments and Restricted Payments expressly permitted hereunder.