Assumption in Non-Consolidation Opinion. Borrower and Sole Member shall each conduct its business so that the assumptions (with respect to each Person) made in that certain substantive non-consolidation opinion letter delivered by Borrower’s counsel in connection with the Loan, shall be true and correct in all respects.
Assumption in Non-Consolidation Opinion. Each Borrower shall conduct their business so that the assumptions (with respect to each Person) made in that certain substantive non-consolidation opinion letter dated the date hereof delivered by Borrowers' counsel in connection with the Loan, shall be true and correct in all respects.
Assumption in Non-Consolidation Opinion. Borrower and the OP shall each conduct its business so that the assumptions (with respect to each Person) made in that certain substantive non-consolidation opinion letter dated the date hereof delivered by Borrower's counsel in connection with the Loan, shall be true and correct in all respects.
Assumption in Non-Consolidation Opinion. 52 5.15 CHANGE IN BUSINESS OR OPERATION OF PROPERTY.....................52 5.16
Assumption in Non-Consolidation Opinion. 40 5.15 CHANGE IN BUSINESS OR OPERATION OF PROPERTY.................40 5.16 DEBT CANCELLATION...........................................41 5.17 AFFILIATE TRANSACTIONS......................................41 5.18 ZONING......................................................41 5.19
Assumption in Non-Consolidation Opinion. Borrower and each SPE Party shall each conduct its business so that the assumptions (with respect to each Person) made in that certain substantive non-consolidation opinion letter dated the date hereof delivered by Lender’s counsel in connection with the Loan, shall be true and correct in all respects.
Assumption in Non-Consolidation Opinion. Borrower shall conduct its business so that the assumptions of fact (with respect to Borrower) made in that certain substantive non-consolidation opinion letter dated the date hereof delivered by Borrower’s counsel in connection with the Loan and material to such counsel’s opinion, shall be true and correct in all respects to the extent specified in such opinion letter.
Assumption in Non-Consolidation Opinion. The Borrowers shall deliver to Lender a substantive non-consolidation opinion letter in connection with the Loan in form and substance reasonably acceptable to Lender from Xxxxxxxxx Xxxxxxx, LLP or other counsel reasonably acceptable to Lender. Each Borrower and each SPE Party shall each conduct its business so that the assumptions (with respect to each Person) made in such substantive non-consolidation opinion letter shall be true and correct in all material respects.
Assumption in Non-Consolidation Opinion. Borrower, Operating Tenant and Sole Member shall each conduct its business so that the assumptions (with respect to each Person) made in that certain substantive non-consolidation opinion letter dated the date hereof delivered by Borrower’s counsel in connection with the Loan, shall be true and correct in all respects unless caused by a change in Borrower’s organizational structure due to a Permitted Transfer or that is otherwise approved by Lender in accordance with the terms and conditions of this Agreement and, to the extent required by this Agreement, a new non-consolidation opinion is delivered to Lender.
Assumption in Non-Consolidation Opinion. Borrower and Advanced Particle Therapy LLC, a Nevada limited liability company shall each conduct its business so that the assumptions (with respect to each Person) made in that certain substantive non-consolidation opinion letter dated the date hereof delivered by Borrower’s Counsel in connection with the Loan, shall be true and correct in all respects.
