Common use of Ownership of Borrower Clause in Contracts

Ownership of Borrower. The organizational chart attached hereto as Schedule 3 is complete and accurate and illustrates all Persons who have a direct or indirect ownership interest in Borrower.

Appears in 7 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.)

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Ownership of Borrower. The organizational chart attached hereto as Schedule 3 is complete and accurate and illustrates all Persons who have a ten percent (10%) or greater direct or indirect ownership interest in BorrowerBorrower and Operating Lessee.

Appears in 2 contracts

Samples: Term Loan Agreement (Hersha Hospitality Trust), Project Loan Agreement (Hersha Hospitality Trust)

Ownership of Borrower. The organizational chart attached hereto as Schedule 3 is complete and accurate and illustrates all Persons who have a direct or indirect ownership interest in Borrower.

Appears in 1 contract

Samples: Loan Agreement (Presidential Realty Corp/De/)

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Ownership of Borrower. The organizational chart attached hereto as Schedule 3 is complete and accurate and illustrates all Persons who have a ten percent (10%) or greater direct or indirect ownership interest in Borrower, Operating Lessee Owner and each Mortgage Loan Party.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Hersha Hospitality Trust)

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