Commitment to be a Single Purpose Entity. Borrower represents, warrants and covenants to Lender as follows: (a) Borrower is a Single Purpose Entity and will continue to be a Single Purpose Entity at all times until the Loan has been paid in full.
Appears in 7 contracts
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Independence Realty Trust, Inc)
Commitment to be a Single Purpose Entity. Borrower represents, warrants and covenants to Lender as follows:
(a) Borrower is has been a Single Purpose Entity at all times since its formation and will continue to be a Single Purpose Entity at all times until the Loan has been paid in full. Borrower has at all times since its formation been in material compliance with the Borrower criteria set forth in Section 7.02(a) hereof.
Appears in 2 contracts
Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO LLC)
Commitment to be a Single Purpose Entity. Borrower represents, warrants and covenants to Lender as follows:
(a) Borrower is has been a Single Purpose Entity at all times since its formation and will continue to be a Single Purpose Entity at all times until the Loan has been paid in full.
Appears in 1 contract
Samples: Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)
