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.
Appears in 10 contracts
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (Hines Global REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)
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 dated the date hereof delivered by Borrower’s counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 4 contracts
Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Assumption in Non-Consolidation Opinion. Borrower and Sole Member the Guarantor 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.
Appears in 3 contracts
Samples: Loan Agreement (Maguire Properties Inc), Junior Mezzanine Loan Agreement (Maguire Properties Inc), Senior Mezzanine Loan Agreement (Maguire Properties Inc)
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 dated the date hereof delivered by Borrower’s counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Morgans Hotel Group Co.)
Assumption in Non-Consolidation Opinion. Each 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 dated the date hereof delivered by Borrower’s Borrowers’ counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 2 contracts
Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Finance Trust, Inc)
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.. 39
Appears in 1 contract
Assumption in Non-Consolidation Opinion. Borrower and Sole Member Borrower Representative 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.
Appears in 1 contract
Assumption in Non-Consolidation Opinion. Borrower and Sole Member and, to the extent relied upon, Borrower Representative 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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.)
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 dated the date hereof delivered by Borrower’s counsel in connection with the Loan, Loan shall be true and correct in all material respects.
Appears in 1 contract
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 dated the date hereof delivered by BorrowerXxxxxxxx’s counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Samples: Loan Agreement
Assumption in Non-Consolidation Opinion. Each Borrower and each of Sole Member, Managing Member, Sole Member Principal shall each conduct its 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 Borrower’s Borrowers’ counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Assumption in Non-Consolidation Opinion. Each 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 dated the date hereof delivered by Borrower’s Borrowers' counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Samples: Loan Agreement (Parking REIT, Inc.)
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 dated the date hereof delivered by Borrower’s 's counsel in connection with the Loan, shall not be true and correct incorrect in all respectsany respect which would make the opinions contained therein untrue.
Appears in 1 contract
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 's counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Assumption in Non-Consolidation Opinion. Borrower and Sole Member Borrower Representative 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 's counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Assumption in Non-Consolidation Opinion. Borrower and Sole Member Mortgage Borrower 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.
Appears in 1 contract
Samples: Mezzanine Loan Agreement
Assumption in Non-Consolidation Opinion. Each Borrower and Sole Member each Borrower Representative shall each conduct its 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 Borrower’s Borrowers' counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Assumption in Non-Consolidation Opinion. Each Borrower and Sole Member each Borrower Representative shall each conduct its 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 Borrower’s Borrowers’ counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
