Common use of Commingle Clause in Contracts

Commingle. Commingle its assets or permit Operating Lessee to commingle its assets with the assets of any of Borrower’s and/or Operating Lessee’s Affiliates except as permitted by the definition of “Single Purpose Entity”;

Appears in 8 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)

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Commingle. Commingle its assets or permit Prime Lessee or Operating Lessee to commingle its assets with the assets of any of Borrower’s, Prime Lessee’s and/or Operating Lessee’s Affiliates except as permitted by the definition of “Single Purpose Entity”;

Appears in 2 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)

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