Parties Authorized. To the extent required under applicable law as of the Purchase Date, each party to the Mezzanine Loan Documents was authorized to do business in the jurisdiction in which the related underlying real property is located at all times when it held the Mezzanine Loan to the extent necessary to ensure the validity and enforceability of such Mezzanine Loan.
Appears in 5 contracts
Samples: Bailee Agreement (Capital Trust Inc), Master Repurchase Agreement (Capital Trust Inc), Master Repurchase Agreement (American Mortgage Acceptance Co)
Parties Authorized. To the extent required under applicable law as of the Purchase Datedate of the related Advance, each party to the Mezzanine Loan Documents documents comprising the related Legal File was authorized to do business in the jurisdiction in which the related underlying real property is located at all times when it held the Mezzanine Loan to the extent necessary to ensure the validity and enforceability of such Mezzanine Loan.
Appears in 1 contract
Samples: Credit Agreement (LNR Property Corp)
