Common use of Non-Consolidation Opinion Clause in Contracts

Non-Consolidation Opinion. Borrower has complied and will comply with each of the assumptions made with respect to it in that certain substantive non-consolidation opinion letter, dated the date hereof, delivered by Borrower's counsel in connection with the Loan and any subsequent non-consolidation opinion delivered in accordance with the terms and conditions of this Security Instrument or the Cooperation Letter (the "Non-Consolidation Opinion"), including, but not limited to, any exhibits attached thereto. Borrower has caused and shall cause each entity other than the Borrower with respect to which an assumption is made in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto, to comply with each of the assumptions made with respect to it in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto.

Appears in 2 contracts

Samples: Aerc Muirwood (Associated Estates Realty Corp), Security Agreement (Associated Estates Realty Corp)

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Non-Consolidation Opinion. Borrower has complied and will comply with each of the assumptions made with respect to it in that certain substantive non-consolidation opinion letter, dated the date hereof, delivered by Borrower's counsel in connection with the Loan (hereinafter defined) and any subsequent non-consolidation opinion delivered in accordance with the terms and conditions of this Security Instrument or the Cooperation Letter (hereinafter defined) (the "Non-Consolidation Opinion"), including, but not limited to, any exhibits attached thereto. Borrower has caused and shall cause each Each entity other than the Borrower with respect to which an assumption is made in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto, to has complied and will comply with each of the assumptions made with respect to it in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto.

Appears in 1 contract

Samples: Loan Agreement (Price Enterprises Inc)

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Non-Consolidation Opinion. Borrower has complied and will comply with each of the assumptions made with respect to it in that certain substantive non-consolidation opinion letter, dated the date hereof, and the certifications contained in any Borrower's certificate referred to therein, delivered by BorrowerXxxxxxxx's counsel in connection with the Loan and any subsequent non-consolidation opinion delivered in accordance with the terms and conditions of this Security Instrument or the Cooperation Letter (the "Non-Consolidation Opinion")Letter, including, but not limited to, any exhibits attached theretothereto (the "Non-Consolidation Opinion"). Borrower has caused and shall cause each Each entity other than the Borrower with respect to which an assumption is made in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto, to Opinion has complied and will comply with each of the assumptions made with respect to it in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto.

Appears in 1 contract

Samples: Security Agreement (Hartman Commercial Properties Reit)

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