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.
Appears in 3 contracts
Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)
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 ’s counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 2 contracts
Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)
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 ’s counsel in connection with the LoanLoan or the substantive non-consolidation opinion letter delivered in connection with the consummation of the 1031 Exchange Transfer (if any), as the case may be, shall be true and correct in all respects.
Appears in 2 contracts
Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)
Assumption in Non-Consolidation Opinion. Borrower Each Borrowers 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 Borrowers’ counsel in connection with the Loan, shall be true and correct in all respects.
Appears in 1 contract
