Single Asset Entity Requirements. Until the Indebtedness is paid in full, Borrower will remain a “Single Asset Entity” which means a corporation, limited partnership, limited liability company, or general partnership that satisfies each of the following conditions:
Appears in 13 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
Single Asset Entity Requirements. Until the Indebtedness is paid in full, Borrower will remain a “Single Asset Entity” which means a corporation, limited partnership, limited liability company, company or general partnership that satisfies each of the following conditions:
Appears in 1 contract
Samples: Continuing Covenant Agreement
