Assumption in Non-Consolidation Opinion. Borrower and 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.
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Samples: Mezzanine Loan Agreement
Assumption in Non-Consolidation Opinion. Borrower and Mortgage Borrower shall each conduct its business so that the assumptions of fact (with respect to each PersonBorrower) made in that certain substantive non–-consolidation opinion letter dated the date hereof delivered by Borrower’s counsel in connection with the LoanLoan and material to such counsel’s opinion, shall be true and correct in all respectsrespects to the extent specified in such opinion letter.
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Assumption in Non-Consolidation Opinion. Borrower and Mortgage Borrower shall each conduct its business so that the assumptions of fact (with respect to each PersonBorrower and its Affiliates) made in that certain substantive non–-consolidation opinion letter dated the date hereof delivered by Borrower’s counsel in connection with the LoanLoan and material to such counsel’s opinion, shall be true and correct in all respectsrespects to the extent specified in such opinion letter.
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Samples: Loan Agreement (OVERSTOCK.COM, Inc)
Assumption in Non-Consolidation Opinion. Borrower and 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 material respects.
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Assumption in Non-Consolidation Opinion. Borrower and Mortgage Each 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 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 Mortgage Each 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 material respects.
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Assumption in Non-Consolidation Opinion. Borrower shall, and shall cause Mortgage Borrower shall each to, 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 (Behringer Harvard Opportunity REIT I, Inc.)
Assumption in Non-Consolidation Opinion. Borrower and 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, Loan shall be true and correct in all material respects.
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Assumption in Non-Consolidation Opinion. Borrower and 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 BorrowerXxxxxxxx’s counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
Samples: Loan Agreement
