Common use of Assumption in Non-Consolidation Opinion Clause in Contracts

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.

Appears in 5 contracts

Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)

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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' Borrower's counsel in connection with the Loan, shall be true and correct in all respects.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Assumption in Non-Consolidation Opinion. Each Borrower shall conduct their 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 Borrowers' Borrower's counsel in connection with the LoanLoan (the "NON-CONSOLIDATION OPINION"), shall be true and correct in all respects.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Assumption in Non-Consolidation Opinion. Each Borrower and Borrower Representative 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 material respects.

Appears in 1 contract

Samples: Loan Agreement (Lodgian Inc)

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Assumption in Non-Consolidation Opinion. Each Borrower shall conduct their 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 Borrowers' Borrower's counsel in connection with the Loan, shall be true and correct in all respects.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Assumption in Non-Consolidation Opinion. Each Borrower shall, and shall cause Mortgage Borrower to, conduct their 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 Borrowers' Borrower’s counsel in connection with the Loan, shall be true and correct in all respects.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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